Consumer Loan Officer jobs in Illinois

Consumer Loan Officer develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Additionally, Consumer Loan Officer maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. The Consumer Loan Officer works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Officer typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Consumer Loan Sales Specialist
  • OneMain Financial
  • Chicago, IL FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.

    In the Role

    • Deliver results related to individual and branch sales goals as well as customer expectations
    • Develop new relationships - and maintain existing relationships - working with customers throughout the loan process and loan life cycle
    • Present financial solutions, based on customer needs, that meet their goals
    • Present customers with optional insurance products
    • Educate customers on the terms and conditions of their loan to ensure a clear understanding
    • Partner with local businesses to seek out and develop new customers
    • Learn how to utilize credit underwriting techniques and sales tools
    • Manage the life cycle of the loan, including collections activities, complying with all laws and regulations

    Requirements:

    • HS Diploma/GED

    Preferred:

    • Sales, Collections or Customer Service experience
    • Bilingual - Spanish

    Location: On site

    The schedule for this position is Monday-Friday during standard business hours, with some extended hours during the week as needed which may include Saturday.

    Who we Are

    A career with OneMain offers you the potential to earn an annual salary plus incentives. You can steer your career toward leadership roles such as Branch Manager and District Manager by taking advantage of a variety of robust training programs and opportunities to advance. Other team member benefits include:

    • Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances
    • Up to 4% matching 401(k)
    • Employee Stock Purchase Plan (10% share discount)
    • Tuition reimbursement
    • Paid time off (15 days vacation per year, plus 2 personal days, prorated based on start date)
    • Paid sick leave as determined by state or local ordinance, prorated based on start date
    • Paid holidays (7 days per year, based on start date)
    • Paid volunteer time (3 days per year, prorated based on start date)

    OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we've looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.

    In our more than 1,300 community branches and across the U.S., team members help millions of customers solve critical financial needs, including debt consolidation, home and auto repairs, medical procedures and extending household budgets. We meet customers where they want to be -- in person, by phone and online.

    At every level, we're committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There's never been a better time to shine with OneMain.

    Key Word Tags

    Sales, Collections, Retail, Loan Sales, Customer Service, Customer Care, Business Development, New Grad, Newly Graduated, Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, Career, Benefits, Customer experience, Financial Representative, Credit, Leadership, Manager Trainee

     

  • 15 Days Ago

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Consumer Loan Sales Specialist
  • OneMain Financial
  • Plainfield, IL FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. Consumer Loan Sales Speci...
  • 17 Days Ago

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Consumer Loan Specialist
  • Heights Finance Corporation
  • Pekin, IL FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • Just Posted

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Consumer Loan Specialist
  • CURO Financial Technologies Corp
  • Pekin, IL FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • Just Posted

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Consumer Loan Sales Specialist
  • OneMain Financial
  • Peoria, IL FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. Consumer Loan Sales Speci...
  • 3 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Joliet, IL FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. Consumer Loan Sales Speci...
  • 11 Days Ago

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Loan Operations - Associate / Senior Associate
  • Arena Investors, LP
  • Jacksonville, FL
  • Arena Investors, LP ("Arena") is a global investment management firm that seeks to generate attractive risk adjusted, co...
  • 4/23/2024 12:00:00 AM

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Consumer Loan Officer
  • Straits Area Fed Credit Union
  • Cheboygan, MI
  • Job Description Job Description Why join Straits Area Federal Credit Union? Here at SAFCU, we take pride in giving our m...
  • 4/23/2024 12:00:00 AM

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Vice President - Restructuring / Workout
  • Arena Investors, LP
  • Jacksonville, FL
  • Flexible location but ideally Jacksonville, FL or Purchase, NY* Arena Investors, LP is a global investment management fi...
  • 4/23/2024 12:00:00 AM

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Vice President - Restructuring / Workout
  • Arena Investors, LP
  • Purchase, NY
  • Flexible location but ideally Jacksonville, FL or Purchase, NY* Arena Investors, LP is a global investment management fi...
  • 4/23/2024 12:00:00 AM

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Senior Associate / Assistant Vice President - Private Credit Operations
  • Arena Investors, LP
  • Jacksonville, FL
  • Arena Investors, LP ("Arena") is a global investment management firm that seeks to generate attractive risk adjusted, co...
  • 4/23/2024 12:00:00 AM

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Member Service Representative
  • Dirigo Federal Credit Union
  • Lewiston, ME
  • Dirigo Federal Credit Union is a profitable and fast-growing community credit union headquartered in Lewiston, Maine. We...
  • 4/22/2024 12:00:00 AM

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eMember Service Specialist
  • Sun Federal Credit Union
  • Maumee, OH
  • Job Description Job Description The eMember Service Specialist serves as the primary account opener for the eBranch and ...
  • 4/21/2024 12:00:00 AM

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Member Service Representative
  • AgGeorgia Farm Credit
  • Chatsworth, GA
  • Job Description Spring into your new career with us! Apply for our Member Service Representative opening today! At AgGeo...
  • 4/19/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Officer jobs
$49,406 to $63,378

Consumer Loan Officer in Appleton, WI
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
January 19, 2020
Consumer Loan Officer in Phoenix, AZ
This is a fully experienced Consumer Lender able to analyze more complex loans.
February 24, 2020
Consumer Loan Officer in Richmond, VA
However, the loan officer is still needed to guide applicants through the process and to handle cases with unusual circumstances.
December 04, 2019