Credit Clerk evaluates and suggests creditworthiness of prospects and customers to decrease financial risk to the organization. Checks credit applications and grants approval within established guidelines for organizations or individuals. Being a Credit Clerk communicates with the customers and other departments to solve the credit problems. May negotiate terms of payment to assist with collection of overdue balances. Additionally, Credit Clerk requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Credit Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
GENERAL SUMMARY
Takes initiative and provides leadership and direction of the day-to-day activities of the Credit Union’s Branch(es) to ensure efficient and effective member service. Responsible for significant contributions to the formulation, development, recommendation, implementation and administration of the Credit Union’s policies and business goals. Ensures all activities are in compliance with State and Federal regulations and the Credit Union’s policies and procedures. Performs all duties required of Member Services and Lending as needed. Assists in managing Contact Center and Branch for all locations in conjunction with the Branch Operations Manager. Responds to questions and/or provides information upon request from members (internal and external). Processes requests/transactions, as appropriate. Assists members and potential members in understanding and utilizing the Credit Union’s products and services.
MAJOR DUTIES & RESPONSIBILITIES
1. Ability to observe the Branch environment and develop and implement new systems/processes to improve processes and analyze outcomes as needed.
2. Observe and identify improvements needed within the branch.
3. Streamlines current processes to increase efficiency, productivity, and minimize potential risk amongst branch staff.
4. Develops and prepares a variety of special programs, project, and training as directed by the credit union’s Strategic Plan.
5. Supervises, directs, controls, and assists the activities of all branches. Ensures a trained, motivated, and professional staff capable of providing efficient and effective services to the Credit Union’s members.
6. Review feedback from members and implement strategies for improvement.
7. Conducts regular coaching sessions with staff. Regularly listens to staff interaction with members to provide feedback for improvement.
Member Services
8. Ensures that the branch is open and ready to conduct business each day.
9. Capable and able to perform all duties of a Member Services Representative when needed:
10. Trains new hires and current team members. Establishes performance expectations and monitors results. Coaches and counsels staff, as necessary.
11. Regularly conducts branch meetings and staff huddles to disseminate information.
12. Makes recommendations for new/revised policies, products, services, dividend/interest rate adjustments, fees, pricing, etc. Prepares a variety of on-going and special reports on a daily, weekly, quarterly, etc. basis. Collects & compiles information as required for new programs & products.
13. Reviews all branch documents and disclosures to ensure material is updated in accordance with State and Federal laws, as well as NCUA Rules and Regulations. Consults with the Operations Manager to complete this.
14. Performs testing of Symitar cases for Branch-related functions.
15. Assists in response to information requests for subpoenas and search warrants.
16. Prepares/compiles necessary documents/reports for the annual NCUA examination, external audits, and Supervisory committee.
17. Prepares necessary documents for the quarterly completion of the NCUA call report.
18. Submits daily and/or weekly branch report to the Branch Operations Manager.
19. Assigns daily quality control reports to designated staff and ensures proper corrections are made.
20. In conjunction with the Branch Operations Manager and the Compliance department, schedules and conducts monthly teller audits. At a minimum, audits must be conducted on the last business day of every month.
21. Ensures proper inventory of branch supplies and disclosures.
22. Utilizing tact and experience-based knowledge, researches and resolves member (internal and external) problems/questions explaining specific policies and procedures while representing the credit union in a professional manner and maintaining positive member relations.
23. Develops and sends out dormant account letters to members. Assists Compliance department in annual submission of dormant account funds.
24. Works in conjunction with other departments for the efficient operation of the Credit Union.
25. Acts within the policies and procedures of the Credit Union. Performs job duties and responsibilities in a manner which protects the integrity and reputation of the Credit Union.
26. Performs other related duties as assigned.
Loan Interviewing/Processing
1. Works with the Lending department to originate loans to generate revenue and meet the growth goals established by the credit union.
2. Interviews loan applicants (by telephone, online, etc.), gathering the required information for a loan credit application, and explaining loan options, rates, terms, and collateral requirements. Advises members on the best option and cross-sells services in a professional manner. Inputs loan referrals into automated lending system using ACS.
3. Ensures that all loan documentation is complete before processing the loan request. Informs and explains loan decisions to members.
4. Assists members with loan questions and servicing with date changes, researching of issues with reinstatement fee inquires, loan direct deposit and missed payments.
5. Verifies that all loan documentation is signed and scanned, if the loan is processed manually.
6. Provides payoff quotes as needed along with title information.
7. Sets up and processes Visa applications using DocuSign.
8. Provides and assists members with service on new and existing Visa credit cards.
EDUCATION & EXPERIENCE
Work Schedule:
This is a full-time, exempt position. Hours worked will typically be Monday through Friday, 8:00 am - 6:00 pm with occasional extended hours as needed. Our Branch is open for a partial day on Saturdays, and all applicants must be available to work 1-2 Saturdays per month. The Saturday schedule will be provided with ample notice so that you are able to plan accordingly.
Job Type: Full-time
Pay: $60,000.00 - $75,000.00 per year
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person