Community Development Loan Officer oversees the bank's CRA Programs and policies to ensure compliance with federal Community Reinvestment Act banking regulations to meet the credit needs of the area's low to moderate-income populations. Serves as the subject matter expert of CRA laws, rules, and regulations by maintaining a deep and up-to-date knowledge of regulatory requirements, proposed legislation, and announcements. Being a Community Development Loan Officer reviews and analyzes lending activity data and practices to ensure compliance with CRA policies. Develops, implements, and administers the overall corporate CRA plan and localized or remedial plans with guidelines and standards to assist with compliance. Additionally, Community Development Loan Officer advises management and coordinates with legal staff on the potential impact of actions. Coordinates and delivers reports to bank leadership and regulatory agencies. Ensures the bank has a positive and visible role in community economic development activities, events, and initiatives. Requires a bachelor's degree or equivalent. Typically reports to a director. The Community Development Loan Officer work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Community Development Loan Officer typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
Is lending your passion? This position is with a progressive, growing credit union. Excellent benefits package includes medical, dental, vision, life and disability insurance, generous paid time off and matching 401k Plan. Salary DOE.
APPLY TODAY at Spirit of Alaska Federal Credit Union website:
https://spiritofak.com/employment
*This is not a remote position*
Job Summary:
Interview applicants and analyze their creditworthiness using Spirit of Alaska FCU's policies and procedures. Approve loans within lending limits and refer denials and loans outside the limits to the appropriate source. Servicing of consumer loan and credit card portfolio to include answering phones, meeting with members, file and account maintenance and working with dealers along with other duties as assigned. This is a very fast paced position.
Qualifications:
Job Duties:
1. Maintain a working knowledge of Spirit of Alaska FCU’s lending products, policies procedures, and operating systems as well as any updates that are implemented.
2. Understand and comply with all state and federal regulations and laws. These include but are not limited to NCUA, Regulation B (ECOA), Regulation Z, Alaska UCC regulations, The Fair Housing Act, The Fair Credit Reporting Act and the Consumer Protection Act.
3. Ensure all information has been gathered that is required to make good loan decisions and make approvals within authorized lending limits.
4. Work with existing and potential members of Spirit of Alaska FCU while maintaining a high level of professionalism and integrity. Answer loan inquiries appropriately from applicants and dealers, either by phone, in person, fax, or email.
5. Communicate credit decisions.
6. Loan finalization, maintenance, and processing.
7. Assist other departments of the Credit Union as needed.
8. Other duties as assigned.
Job Type: Full-time
Benefits:
Schedule:
Work setting:
Education:
Experience:
Ability to Commute:
Work Location: In person
Clear All
0 Community Development Loan Officer jobs found in Fairbanks, AK area