Job Description

Wymar FCU is seeking a motivated and detail-oriented Loan Officer to join our team. This position plays a key role in delivering exceptional member service while upholding sound lending practices and compliance standards. The ideal candidate is a confident communicator with solid credit analysis skills and a strong understanding of consumer lending.

Key Responsibilities

Conducts in-depth loan interviews to assess member needs and recommend suitable loan and deposit products. Offers credit counseling and guidance to help members improve their credit profiles. Processes complete loan applications, prepares files for approval and funding, and ensures accuracy and compliance throughout the process. Actively cross-sells additional credit union services that benefit the member. Maintains expert-level knowledge of Wymar FCU's full range of financial products, including current promotions and convenience services. Evaluates credit applications by verifying employment, income, and creditworthiness. Calculates debt-to-income ratios and assesses collateral values. Approves or denies loan applications within authorized limits; refers higher-limit or complex loans for review. Establishes credit limits based on established lending criteria, including repayment capacity and borrower character. Ensures full compliance with all regulatory, legal, and internal policy standards related to lending. Responds to member inquiries regarding loan terms, balances, payoffs, and general account servicing. Maintains strong communication with team members and management; provides updates and attends required meetings. Assists with related clerical tasks, and supports overall branch operations.

Minimum Qualifications

Minimum 5 years of experience in consumer lending, loan processing, or a financial institution. Working knowledge of credit reports, debt ratios, and standard lending practices. Proficiency with loan origination systems and core banking software. Strong attention to detail and documentation accuracy. Excellent interpersonal and problem-solving skills. Ability to work independently while supporting team goals. High school diploma or equivalent required; college coursework in finance or business is a plus.

Preferred Candidates Will Have:

Experience with both secured and unsecured loan types. Familiarity with NCUA regulations and fair lending practices. Commitment to delivering outstanding service in a credit union environment.
Job Type: Full-time

Pay: $42,000.00 - $50,000.00 per year

Benefits:

401(k) 401(k) matching Dental insurance Employee assistance program Flexible spending account Health insurance Health savings account Life insurance Paid time off Professional development assistance Vision insurance
Ability to Commute:

Geismar, LA 70734 (Required)
Work Location: In person