Job Type
Full-time
Description
FedChoice is Hiring!
Have you worked in consumer lending? Do you have experience in the credit union or banking industry? Are you ready to embark on a thrilling financial adventure?
We are seeking a motivated, member-focused, target-driven team member to join our Lending Services team as a Loan Specialist.
What You'll be Doing...
FedChoice is looking for a Loan Specialist who is responsible for servicing members in the area of lending related services by guiding members through the entire loan process. This includes accurate and timely loan origination, processing, closures, disbursements and maintenance of Consumer, VISA and Home Equity loan applications. Interviews members to obtain all relevant information in order to provide the best possible solution(s). Communicates to members final application solutions. With knowledge of the Credit Union's various loan products, the Loan Specialist helps members to understand the different loan options and benefits.
Key Areas of Focus...
•Interviews members to determine eligibility to apply for a loan and obtain all required and applicable information in order to submit a complete application for decisioning.
•Keeps members informed of Credit Union services, products and policies.
•Reads and analyzes members' credit reports to ask questions and then obtain answers and reasons from members (i.e. employment, deregulatory accounts, details of loans, etc.).
•Explains loan options, rates, terms and collateral requirements.
•Ensures the loan application/package is complete prior to referring to Underwriting.
•Processes and disburses approved loans accurately and according to standards.
•Researches, responds, and resolves member requests and questions promptly, courteously and professionally.
•Actively and professionally cross-sells Credit Union products and services.
•Any other duties as assigned.
Requirements
You should have:
•High school graduate or equivalent. Must be registered through the National Mortgage Loan system (NMLS) and must maintain registration.

• Minimum TWO (2) years of consumer loan interviewing, processing, closing and funding of consumer loans, along with documentation and disclosures experience for unsecured and secured loans.
• Proficient with Microsoft Office.
• Exceptional written and verbal communication.

Preferred:
•Symitar and MeridianLink knowledge and experience are a plus
•Credit Union or financial institution experience.
When you join FedChoice
You are not joining just another credit union; you are joining a progressive financial institution. At FedChoice Federal Credit Union, we offer an altogether better banking experience for federal employees and their families and an altogether better working experience for FedChoice employees.
Our competitive benefits and perks include:
•Birthday Bliss : Take your special day off and celebrate YOU! We want you to enjoy the moments that matter.
•Casual Chic : Say goodbye to stuffy suits! Embrace the comfort of jeans and sneakers with your FedChoice shirt because great ideas flow best when you're feeling your best.
•Tuition Triumph : Invest in your education with our Tuition Reimbursement program. Your quest for knowledge is important.
•Helping Hand : Life happens, and we've got your back. Our Employee Assistance Program provides support when you need it most, ensuring you're never alone in facing life's challenges.
•Loan Leverage : Unlock exclusive Employee Loan Rates because we understand that sometimes you need a financial ally.
•Flexible Freedom : Break free from the traditional 9-to-5! Depending on your role, a hybrid schedule offers the flexibility to tailor your work life to your unique needs.
•Healthcare Heroes: Medical, dental, and vision coverage - it's like having a magical shield against unexpected health dragons. Plus, life insurance? That's your superhero cape!
•401(k) Match: Imagine planting a money tree, and every dollar you save grows wings! Our Safe Harbor Contribution and 401(k) match is like a fairy godmother sprinkling financial pixie dust.
•Flexible Spending Account (FSA) or Health Savings Account (HSA): These accounts are like treasure chests. Fill them with pre-tax gold (okay, money), and use it for health expenses. It's like having a magic wallet!
Join us at FedChoice where every day is an opportunity to thrive, grow, and celebrate the extraordinary YOU!
FedChoice is an equal-opportunity employer.
Salary Description
$18.96 - $24.00 hourly