Consumer Loan Area Manager directs the consumer loan department of a financial institution or other organization. Oversees the research, development, communication, and implementation of consumer lending policies. Being a Consumer Loan Area Manager analyzes lending data to identify risks, trends, and areas for improvement. Ensures lending volume and profit goals are met. Additionally, Consumer Loan Area Manager develops a productive staff with training and coaching. Monitors compliance with federal and state lending regulations. Requires a bachelor's degree. Typically reports to senior management. The Consumer Loan Area Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Consumer Loan Area Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Polish & Slavic Federal Credit Union is committed to supporting our employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that includes: Medical, Vision and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as a Birthday Day off.
Core Responsibilities:
1. Review assigned consumer loan application, originated by Branch, Call Center or submitted
Online to verify application data.
2. Obtain proof of income when necessary.
3. Review credit report for any perceived irregularities and/or reported information if deemed
necessary advice the member and request explanation or proof of paid debts.
4. Review documents received and inform underwriter of any information which would have a
bearing on approval and/or timely funding of the loan.
5. Upload all additional documents provided by the member into processing system.
6. Provide notice of any exceptions.
7. Schedule funding and inform applicant about documents required for disbursement.
8. Perform booking and loan documents arrangement.
9. Provide assistance to co-workers with difficult files or inquiries.
10. Ensure prompt and courteous response to customer inquiries.
11. Prepare various reports based on Manager’s request to effectively monitor activities, identify
issues and trends.
12. Process Branch requests (FIS record update).
13. Keep abreast with all PSFCU lending Policies and Procedures
14. Improve work performance through self education
15. Any other duties or responsibilities, as required or assigned
AN EQUAL OPPORTUNITY EMPLOYER
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