Consumer Loan Officer jobs in Wisconsin

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)

W
Consumer Loan Officer
  • WCCU Credit Union
  • Westby, WI FULL_TIME
  • In order to be considered for this position, you MUST apply on Paylocity at the following link: https://recruiting.paylocity.com/recruiting/jobs/All/b9944418-e383-4000-853f-3d5b60a36394/Westby-Coop-Credit-Union.

    Solicitation, analysis and coordination of approving or denying credit to members. Also provide members with products or services that are associated with their lending needs. These are done in accordance with Westby Co-op Credit Union policies and procedures.

    Principal Duties and Responsibilities:

    • Contacts members throughout the loan decision process to gather background information on applicants by interviewing and obtaining credit bureau reports, determines if the member qualifies for a loan or if additional collateral/ co-signors are needed, verify member’s signature on loan documents, and approve or deny loan requests.
    • Calculates debt-to-income ratios on loan applicants, estimates monthly obligations, and determines member’s ability to repay debt along with securing collateral when necessary. Records and verifies all reasons for decision. Explains decision to members and outlines terms, fees, and conditions of the loan.
    • Offers ancillary products to members when appropriate, including Debt Protection, GAP Insurance, and Extended Warranty coverage.
    • Demonstrates a helpful, polite, friendly attitude along with providing exceptional member service.
    • Responsible for following up on delinquent loan accounts, insurance needs and other issues that may arise.
    • Follows procedures for loan documentation and maintains orderly files on each account with complete and accurate detailing of all correspondence.
    • Keeps abreast of changes in consumer, commercial, business, and agricultural lending trends as they apply.
    • Other job-related duties as may be necessary to carry out the responsibilities of this position.

    Work Relationships and Scope: Consumer Loan Officers report directly to the Retail Loan Department Manager. Has direct contact with members and all other support staff directly associated with consumer loans. Due to the nature of the position, will work with almost all employees at WCCU.

    Performance Dimensions:

    • Provide outstanding service to members through excellent communication and thoroughly understand relevant issues and the administrative processes involved in choosing a proper course of action.
    • Ability to attend to numerous details with frequent interruptions under the stress of maintaining courteous, effective, and timely relations with a variety of individuals and personalities while keeping lending duties assigned a priority.
    • Promotes quality, accuracy, timeliness, reliability, and thoroughness of work performed.
    • Is punctual, flexible, reliable, and exhibits a friendly and helpful attitude while maintaining all information as confidential according to our policy.
    • Possess ability to gain the trust and respect of members, management, employees, and outside business contacts while maintaining a positive, professional working relationship
    • Enhances job growth through continuing education, as required or necessary.
    • Coordinates schedule with Branch Manager of work locations.
    • Professional, well-developed interpersonal skills essential for interviewing loan applicants and projecting a positive image as a representative of the Credit Union.

    Knowledge, Skills and Abilities Required:

    Education/Training: High school diploma or equivalent required. Post-secondary education preferred.

    Experience:Customer Service of 3 years or more. Banking or Credit Union experience preferred but not required.

    Skills and Abilities:

    • Ability to learn and apply current financial service industry standards, laws, and regulations.
    • Excellent communication skills, proficient writing, and verbal ability to effectively respond to members and co-workers.
    • Ability to work under the stress of dealing with a wide range of personalities and monitoring and reviewing the many details of loans to ensure completeness and accuracy.
    • Proficient operation of a variety of general office equipment such as PC, software applications, typewriter, copier, calculator, telephone, copy machine, fax machine and other similar devices or programs.
    • Comprehend consequences of various situations and refer them to the appropriate staff for resolution.
    • Manage personal workflow and meet deadlines by being organized, detailed and task oriented.
    • Ability to meet attendance standards and work overtime hours as requested and approved.
    • Ability to add, subtract, multiply and divide accurately.
    • Ability to understand and follow safety/security practices.

    Job Type: Full-time

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Employee assistance program
    • Flexible spending account
    • Health insurance
    • Life insurance
    • Opportunities for advancement
    • Paid time off
    • Parental leave
    • Referral program
    • Retirement plan
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Day shift

    Work setting:

    • In-person

    Ability to Relocate:

    • Westby, WI 54667: Relocate before starting work (Required)

    Work Location: In person

  • 12 Days Ago

D
Consumer Loan Sales Specialist
  • Dev
  • Oshkosh, WI FULL_TIME
  • Company DescriptionJobs for Humanity is partnering with OneMain Financial to build an inclusive and just employment ecosystem. Therefore, we prioritize individuals coming from the following communitie...
  • 19 Days Ago

D
Consumer Loan Sales Specialist
  • Dev
  • Rice, WI FULL_TIME
  • Company DescriptionJobs for Humanity is partnering with OneMain Financial to build an inclusive and just employment ecosystem. Therefore, we prioritize individuals coming from the following communitie...
  • 19 Days Ago

C
Consumer Loan Specialist
  • CURO Financial Technologies Corp
  • Eau Claire, WI 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...
  • 20 Days Ago

C
Consumer Loan Specialist
  • CURO Financial Technologies Corp
  • Appleton, WI 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...
  • 20 Days Ago

H
Consumer Loan Specialist
  • Heights Finance Corporation
  • Appleton, WI 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...
  • 20 Days Ago

R
Mortgage Loan Officer
  • Royal Business Bank
  • Honolulu, HI
  • JOB SUMMARY Responsible for soliciting, negotiating, underwriting and coordinating the closing of mortgage loans in comp...
  • 3/28/2024 12:00:00 AM

A
Mortgage Loan Officer - Inside Sales
  • Active Link, Inc.
  • Active Link, Inc. (ActiveLinkMortgage.com) is the result of decades of experience in the mortgage industry combined with...
  • 3/28/2024 12:00:00 AM

N
Mortgage Loan Officer
  • NEXA Mortgage
  • Company Description NEXA Mortgage is a full-service mortgage broker located in Greater Tampa Bay Area. We offer every lo...
  • 3/28/2024 12:00:00 AM

R
Business Development Officer
  • Royal Business Bank
  • Los Angeles, CA
  • JOB SUMMARY Under supervision and following established policies and procedures, provides excellent customer service by ...
  • 3/28/2024 12:00:00 AM

R
Business Development Officer
  • Royal Business Bank
  • Las Vegas, NV
  • JOB SUMMARY Under supervision and following established policies and procedures, provides excellent customer service by ...
  • 3/28/2024 12:00:00 AM

G
Regional Sales Manager
  • Guaranteed Rate Affinity
  • Who we are: Guaranteed Rate Affinity, LLC (“Guaranteed Rate Affinity”) is a joint venture between Guaranteed Rate, Inc (...
  • 3/28/2024 12:00:00 AM

A
Member Service Representative - Waynesboro, GA
  • AgGeorgia Farm Credit
  • Waynesboro, GA
  • At AgGeorgia Farm Credit, we strive to build an inclusive team of employees and leverage our unique strengths. Become a ...
  • 3/27/2024 12:00:00 AM

L
Member Service Representative
  • Lookout Credit Union
  • Pocatello, ID
  • Role: All employees of Lookout Credit Union are expected to uphold the Credit Union's mission and vision statements, and...
  • 3/27/2024 12:00:00 AM

Wisconsin is bordered by the Montreal River; Lake Superior and Michigan to the north; by Lake Michigan to the east; by Illinois to the south; and by Iowa to the southwest and Minnesota to the northwest. A border dispute with Michigan was settled by two cases, both Wisconsin v. Michigan, in 1934 and 1935. The state's boundaries include the Mississippi River and St. Croix River in the west, and the Menominee River in the northeast. With its location between the Great Lakes and the Mississippi River, Wisconsin is home to a wide variety of geographical features. The state is divided into five dist...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Officer jobs
$47,445 to $60,863

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