Outbound Central Consumer Loan Officer
Location
United States
Posted
2 days ago
Salary
Not specified
Seniority
Mid Level
No structured requirement data.
Job Description
Work from Home!
Outbound phone sales position. Provide information on credit union products and services to members according to all credit union policies and procedures, and Federal and State rules and regulations. Collate and analyze individual financial information in support of loan decisioning process. Evaluate and recommend loan approvals, denials, counteroffers, loan modifications, and debt restructuring based upon individual circumstances and data. Process required forms and related documentation for consumer loan products. Partners to approve or deny loan applications within prescribed parameters. Promote credit union products and services.
Major Duties and Responsibilities:
- Make outbound calls to members to solicit loan applications.
- Interview consumer loan applicants. Assist member in completing loan applications over the phone and/or electronically.
- Collate, analyze, and evaluate information & documentation in support of loan applications.
- Evaluate borrower Character, Collateral, Capacity to Repay, and Credit position as a part of loan decisioning process based upon individual circumstances.
- Calculate debt-to-income ratios, collateral needs, and payment plans on consumer loan applicants.
- Correspond with members, applicants, and creditors to resolve questions regarding application information.
- Provide information on consumer loan products that best meet the member’s individual needs and circumstances.
- Help recommend the structure of loan pricing, terms, and amounts for individual borrowers.
- Recommend loan approval/denials, counter-offers, and deviations from conventional loan structure and pricing. Manage loan closing process with customers.
- Consult with members and the public about asset purchase, credit management, budgeting, debt restructuring, and financial planning issues.
- Notify applicant of loan decision. Inform prospective borrowers of loan commitments.
- Review regulations as they apply to installment loan security agreements.
Expectations:
- Provide exceptional member service to our members.
- Abide by all applicable policies, procedures, and regulations.
- Work proactively to build relationships necessary to meet set goals for the position.
- Effectively assist members through the loan application and approval process, educating them about loan issues as needed.
- Effectively prepare loan documentation for processing, ensuring it is complete and accurate.
- Assist in managing risk through diligence in the information gathering process.
- Provide timely, service-oriented feedback to applicants regarding the status of their loans.
- Perform assigned loan prospect calls to assist in meeting goals for the position.
**One or more years of sales experience preferred
Job Requirements
- One or more years of sales experience preferred.
Related Guides
Related Job Pages
More Sales Jobs
Inbound Sales Representative - Tire and Auto Service
Sun Auto Tire and ServiceSun Auto Tire & Service is the fastest growing, top 10 independent tire dealer in the US with 550+ stores operating under multiple brands. We've been nominated as a "Best Place to Work" and are a leading provider of vehicle after-market tires and repair services. We are increasing our footprint rapidly through both organic growth and acquisitions and seek candidates who are looking for a long-term career path and capable of growing into roles of greater responsibility.
The representative will serve as the primary contact for customers via calls, web chat, and social media, engaging them to solve automotive needs and build trust. Key duties include educating customers, scheduling service appointments, resolving escalations, and maintaining accurate customer records.
Pharmaceutical Sales Representative
Amplity HealthA pure-play pharmaceutical commercialization company helping clients navigate the road from product to patient.
The Pharmaceutical Sales Representative 2 is tasked with driving sales growth in an assigned territory by engaging healthcare professionals and building long-term, trusted relationships. This involves promoting pharmaceutical products through value-based presentations and achieving established sales performance goals while strictly adhering to compliance and ethical standards.
Entegra Regional Sales Executive- Ohio River Valley
SodexoSodexo is a leading provider of facilities management and food services committed to improving the all-around quality of life. With U.S. headquarters in Gaither
The Regional Sales Executive will be responsible for growing Entegra’s regional/mid-market client base across various segments by building and managing a strong sales pipeline from prospecting through contract signature and implementation. This includes leading RFP reviews, coordinating implementations, conducting cold calls, and tracking all sales activities in Salesforce to achieve annual new business targets.
The Senior Broker Manager is responsible for achieving shipment and consumption goals across strategic Food channel customers in the Northeast by leading and influencing strategy, developing business plans, and coordinating team efforts with direct reports and third-party brokers. This role involves serving as the key sales point of contact, leading trade budget management for ROI, and ensuring execution of 4P fundamentals, e-Commerce, and new item initiatives.
