Loan Underwriter/officer - Naperville, United States - HealthCare Associates Credit Union

HealthCare Associates Credit Union

Verified Company

Naperville, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

HealthCare Associates Credit Union (a $460M credit union based out of Naperville, IL) is seeking a dedicated Loan Officer to provide top service to both our internal and external partners.

We know how important people are to our organization which is why we offer an extensive benefits package which includes:

_ $55,000+/Annually With a 35-Hour Work Week

_:
-
_4 weeks of paid time off

_:
-
_ Federal holidays off

_:
-
_ Full benefits package

_:
-
_ 401K (Employer Matching up to 4.5% of eligible pay PLUS Employer Contribution of 4% of eligible pay)

_:
-
_ Volunteer opportunities._

_ Interested? Here's more about the role:_

Responsibilities

_ Service_

Deliver service to both internal and external members that are in alignment with the credit union's Service Promises.

_ Member Service_

Represents the credit union in a courteous, professional manner and appearance, and to provide prompt, efficient and accurate service to members and to always maintain member confidentiality.
Approaches assigned duties with a positive attitude and maintain it during stressful situations. In particular, have a positive outlook and treat members and coworkers in a respectful, cheerful and cooperative manner.
Responds to inquiries from various sources about routine credit union services and policy information, particularly loan products, loan requirements and procedures.
Be organized in handling duties and member contacts.
Interacts with vendors in a professional manner.

_ Loan Application Interviewing, Analysis, Fund Disbursal_

Collects required member information for credit decisioning, evaluating all loan parameters.
Verification of new members for fraudulent memberships.
Obtains and analyzes third party information, as necessary, for determination of credit worthiness.
Knowledgeable in lending policies, procedures and lending practices used by the credit union, as well as related creditgranting laws. Applies such in determination of credit worthiness.
Exercises creative, objective, discretionary judgement in providing the decision and justification to grant or recommend denial of a member's credit request.
Offers informal credit counseling to members and provides counteroffer to original loan request when appropriate without compromising a sound, lending judgement.
Properly and adequately communicates the decision to the member via telephone, written correspondence or in person.
Promotes and crosssells in a professional manner.
Provides direction to Loan Processors regarding loan decisions and documentation.

_ Loan Application Interviewing, Analysis, Fund Disbursal (continued):_

Refers loan requests that exceed lending authority or that do not meet policies to AVP-Lending or Sr. VP
Lending
Consults with and obtains guidance from AVP-Lending while performing credit worthiness evaluations or while meeting the credit and money management needs of members.
Maintains proper documentation and records for all HACU related business.
Promptly prepares loan documentation/contracts.
Performs documentation review for home equity secured loans, ensuring all documentation is properly prepared, signed and dated. Ensures loan is booked properly on the software system.
Evaluates and executes all requests for subordination agreements and substitution of collateral.

_ Other Duties_

Annually compiles inputs and verifies all HMDA reportable information into federal mandated software and exports report to the Federal Reserve Board.
Analyze requests for Modifications/workout loans to determine options for possible loan rewrites.
Bi-Annual review/audit of existing visa portfolio focusing on lost prevention and risk management.
Keep current/updated with ever changing compliance issues.
Reviews bimonthly CPI report to ensure all home equity loans maintain the required homeowners and/or flood insurance policies. Contacts members, by telephone and in writing, to advise about insurance problems. Force places insurance when necessary.
Reviews and prepares monthly home equity vendor bills for payment approval. Requests check for payment, and mails check with required paperwork to vendor.
Makes recommendations to management regarding changes and updates to the credit union lending programs and policies, implements approved changes and advises management of progress and effectiveness.
Reads materials pertinent to lending and overall credit union movement to stay informed of changes in lending as well as general credit union environments. Updates department on any known loan trends, market conditions or loan department operations that may impact the credit union's member service levels and/or financial condition.
Serves as Notary Public (as applicable/necessary).
Manually book 1st Mortgages, set up escrow account, prepare annual escrow analysis, and fund escrow twice yearly.
Run 5/1 arm analysis, verify date and update system