Stock Loan Manager manages the stock loan application process and ensures that all loans are in compliance with federal regulations. Develops new business prospects and maintains existing relationships to increase sales and services. Being a Stock Loan Manager assesses probability of future business when completing a stock loan for another firm. Requires a bachelor's degree in area of specialty. Additionally, Stock Loan Manager typically reports to a director. The Stock Loan Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Stock Loan Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Commonwealth Credit Union's mission is to better the lives of those we serve. We do that by following four Quality Standards:
1) Security: Making sure we have a safe environment and are following all applicable state and federal laws
2) Courtesy: Treating everyone with respect and courtesy
3) Image: Maintaining a positive image for our members and in our communities
4) Efficiency: Achieving maximum productivity with minimal wasted effort or expense
The duties of a Mortgage Loan Manager include, but are not limited to:
Registration in the National Mortgage Licensing System (NMLS) is required for this position. If the individual is not currently registered, he or she will be required to pass applicable background screening, which may be different from what was required to become employed by the Credit Union.
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