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Loan Manager – Community Financial Services FCU

Mar 1, 2024
Roselle, NJ

Community Financial Services Federal Credit Union is seeking a full time Loan Manager. The ideal candidate will have experience managing the loan department and overseeing all loan products including Home Loans, Auto Loan, Personal Loans and Credit Cards. To succeed in this role, you should demonstrate excellent communication and interpersonal skills.

Responsibilities:

  • Create and implement policies and procedures to administer loan products
  • Interview, hire and train loan officers
  • Oversee procedures for all loans.
  • Supervise all areas of loan operations
  • Ensure that all loan officers are provided with updated information on loan policies and    procedures.
  • Provide general information on credit union services, policies, interest rates and terms of loans; how dividends and interest are computed; and insurance coverages.
  • Interview, process and disbursement for all loans within policy
  • Perform loan processing which includes verifying income, calculating debt ratios, obtaining credit reports, verifying credit history.
  • Process paper workflow within the Loan Department, including; automobile titles and insurance; credit disability/life insurance/GAP Insurance
  • Disburse loans properly and accurately.
  • Refer and cross-sell credit union products and services to meet or exceed sales goals.
  • Research and resolve member questions, problems and concerns by telephone, written correspondence or in person.
  • Maintained positive professional relationships with members and coworkers
  • All other duties as assigned

Requirements:

  • Minimum of three years of Lending experience
  • Solid understanding of local, state, and federal loan regulations
  • In-depth knowledge of computers and banking software
  • Strong communication and customer service skills
  • Must be able to work independently as well as within a team
  • Strong analytical and technical skills.
  • Ability to organize, coordinate, direct and execute assignments or projects

Qualified candidates should send resume to admin@cfsfcu.com or fax to 908-245-1651