Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
The County Federal Credit Union prides itself on building lifelong relationships that support the success of our members and the communities we serve. Named one of the “Best Places to Work in Maine,” if you are a professional looking for a career, not just a job, you are looking in the right place! We focus on career development and promotion – people are the core of everything we do. We offer a competitive benefits package including a very strong 401k plan with an employer contribution of up to 15%, health and vision insurance options with 90% of the premium paid for the employee, generous paid time off, tuition reimbursement, profit sharing, and more!
The County Federal Credit Union has an immediate opening for the Vice President of Lending in our Caribou branch.
This position is responsible for planning, organizing, and directing the Credit Union’s lending services and direct oversight of the credit union’s loan portfolio performance, including mortgage and real estate loans, consumer loans, indirect lending, credit cards, business loan services, collections, and ancillary loan related member insurance products. Ensures lending operations are managed per federal and state regulations and established policies and procedures. Participates in loan processing and underwrites, recommends, and books all types of loans. Analyzes and evaluates the effectiveness of lending services. Supervises and appraises the activities of subordinate managers and ensures that all services are professionally delivered and members are well served.
Previous real estate or financial institution experience is desirable and you should have above-average typing and computer skills. Must have excellent organizational as well as oral and written communication skills. Ability to operate various computer applications, including Word, Excel, Outlook, and Microsoft Office products.
This is a great opportunity for a career; if you enjoy positively impacting people’s lives and want to contribute to our mission, apply today!