Credit Union of Ohio

Come join our fast paced, growing lending department! In the Loan Officer position you will:

•Gather background information on loan applicants by interviewing loan applicants and obtaining credit bureau reports.
•Assist members with the loan application process to ensure completeness of information.
•Pull credit reports for all accounts, verify debts, and estimate monthly payments for any outstanding debts not listed and add them to debts on application.
•Calculate debt-to-income ratios on loan applicants.
•Calculate how much of a loan applicant’s debt is secured or unsecured.
•Complete loan applications over the phone and/or electronically.
•Identify collateral needs and payment plans for members applying for loans.
•Identify eligibility of loan co-maker from co-maker’s statement and credit rating.
•Evaluate consumer loan applications and supporting documentation to determine creditworthiness and eligibility.
•Approve or deny loan applications.
•Present loan options and explain terms and conditions to clients.
•When a loan is denied, explain reasons for denial in a professional, courteous manner. Work with member to provide recommendations or alternative options for other possible ways to secure a loan in the future.
•Verify the accuracy of loan amounts and repayment terms on approved loan applications.
•Cross sell lending and other credit union products.
•Display support of company policies and procedures.
•Maintain thorough knowledge of all products and services, as well as any compliance regulations applicable to job responsibilities on a self directed basis.
•Consistently maintain high levels of performance to meet individual, department, and organizational goals.

This position requires a great deal of organization, accuracy, and the ability to handle high work volume efficiently. A College degree or combination of education and experience, minimum one year experience in consumer lending, and a minimum two years experience in a banking environment. Strong and professional communication skills (oral and written), along with excellent problem solving and decision making skills.

We offer a competitive salary and benefits package, plus bonus opportunities. All candidates must be able to successfully pass a criminal background. Only resumes with salary requirements will be considered.

Credit Union of Ohio is an Equal Opportunity Employer