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)
Loan Manager
Community Financial Services Federal Credit Union is seeking a full time Loan Manager. The ideal candidate will have experience managing the loan department and overseeing all loan products including Home Loans, Auto Loan, Personal Loans and Credit Cards. To succeed in this role, you should demonstrate excellent communication and interpersonal skills.
Responsibilities:
· Interview, hire and train loan officers
· Oversee procedures for all loans.
· Supervise all areas of loan operations
· Ensure that all loan officers are provided with updated information on loan policies and procedures.
· Provide general information on credit union services, policies, interest rates and terms of loans; how dividends and interest are computed; and insurance coverages.
· Interview, process and disbursement for all loans within policy
· Perform loan processing which includes verifying income, calculating debt ratios, obtaining credit reports, verifying credit history.
· Process paper workflow within the Loan Department, including; automobile titles and insurance; credit disability/life insurance/GAP Insurance
· Disburse loans properly and accurately.
· Refer and cross-sell credit union products and services to meet or exceed sales
goals.
· Research and resolve member questions, problems and concerns by telephone, written correspondence or in person.
· Maintained positive professional relationships with members and coworkers
· All other duties as assigned
Requirements:
Qualified candidates should send resume to admin@cfsfcu.com or fax to 908-245-1651
Job Type: Full-time
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person
Clear All
0 Community Development Loan Officer jobs found in Middlesex, NJ area