Lending Manager

Location: Edison
Posted on: April 25, 2024

Job Description:

Successful Credit Union seeks a Lending Manager for it's NJ location. This is a dynamic workplace, and the right candidate will provide

important support to a VP of Lending as well as presenting a professional face for the company to the diverse members passing through the front doors every day. Manages work flow to ensure customer service standards are met and procedures are current and in compliance in accordance with Federal and State rules and regulations; analyze work flow policies/procedures and recommend changes as appropriate; maintain appropriate records/documents under specified security control; review loan performance reports; assists in hiring, setting performance standards, training, writing/conducting performance reviews. Underwrite consumer loan applications, including home equity loans. Promote other applicable credit union products and services to loan applicants.

REQUIREMENTS:

? BS/BA

? 6-10 years experience in financial institution with in depth Lending knowledge

? 5-7 years Supervisor Skills

? Heavy Excel and MS Word skills a must

? In house systems are XP, Meridian.

? Previous Mortgage Lending a plus

? Familiar with a variety of the field's concepts, practices, and procedures

ESSENTIAL DUTIES AND RESPONSIBILITIES:

? Implements loan policies, procedures and guidelines.

? Determine collateral needs and payment plans for members applying for loans.

? Obtain and evaluate credit reports and or scorecard system.

? Determine need of co-makers when applicable and evaluate applicants for credit worthiness.

? Approve or deny loan application requests per loan policy/guidelines.

? Analyzes lending policies/guidelines and recommends underwriting standards to VP-Lending.

? Reports statistical information to VP of Lending regarding loan production and related lending information.

? Assists with the development and enhancement of consumer loan products.

? Looks for additional loan opportunities in the decision process (i.e., supports the sales and service culture).

? Assists in developing and maintaining policies and procedures for area of responsibility.

? Establishes and maintains business relationships with appropriate business partners within the department.

? Trains Lending Associates and support teams (MSR, S&S Reps, Sales) We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.

Keywords: , Westport , Lending Manager, PR / Public Relations , Edison, Connecticut