Lending Solutions Manager

Lending Solutions Manager

Corporate - Fort Wayne, IN

Overview

Position Type Full Time Category Banking

Description

Fort Financial Credit Union fosters a positive culture that prioritizes the well-being and development of its employees. Being a community-focused organization, we believe that investing in employees not only enhances individual health and potential, but it also contributes to the overall success of our organization and community. Our mission as a credit union is to build financial relationships with our members and be their trusted financial advisors.

As a Lending Solutions Manager, you will play a critical role ensuring that consumer loan policies, procedures, services, products, and documentation meets federal and state regulations. In addition, maintain up-to-date knowledge of general economic conditions or changing trends that may affect the credit union's consumer/indirect lending. The ideal candidate will have strong analytical skills, keen attention to detail, a thorough understanding of lending regulations to support sound decision-making, and a commitment to providing exceptional service to our members while upholding the credit union's financial health.

Job Type: Full-Time

Location: Fort Wayne, IN - Corporate Office Lima Rd.

Schedule: Banking hours Monday-Friday, some Saturdays

Responsibilities:

• Provide general credit union information on all credit union services and policies, interest rates, terms of loans, dividends and interest computations, and insurance coverage's to members.
• Formulate and maintain a loan procedure manual for the consumer/indirect loan department that is up-to-date with all regulations and requirements.
• Maintain knowledge of competitors' rates and terms and other trends relating to consumer/indirect lending.
• Recommend rates, and terms that reflect the marketplace.
• Provide input and recommendations for lending interest rates.
• Monitor and coordinate the discretionary and mandatory loan interest rate changes.
• Develop, analyze, and complete monthly loan reports.
• Develop procedures and reporting tools for effective information to flow through the department.
• Review loan approvals and denials for soundness of decisions.
• Ensure audit of consumer/indirect loan files are being completed to ensure quality and the lending policies are being followed.
• Recommend to executive management appropriate limits of authority for consumer loan personnel, indirect lending personnel and ensure adequate understanding of the credit union's loan procedures and policies are being followed.

Qualifications

Required Skills:

• General experience and knowledge with computers and technological applications.
• Ability to communicate effectively, multitask, and solve problems with sound reasoning.
• Perform basic math functions such as add, subtract, multiply, divide, etc.

Qualifications:

• Job Level: Mid-Level
• Required Experience: 3-5 years of experience or a related role.
• Preferred Experience: Credit analytics and regulatory compliance experience within banking and/or consumer lending.
• Required Education: A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or job-specific skills acquired through an apprenticeship program.

Benefits:

• Education/Scholarship Assistance
• Training/Career Development Programs
• Mentor Program
• PTO & 13 Paid Holidays
• Pension & 401k Retirement Plans
• Health/Dental/Vision Insurance Plans
• Flex Spending Account & Health Reimbursement Arrangement
• Employer Paid Life & Voluntary Life Insurance
• Employer Paid Short-Term & Long-Term Disability
• Accident, Critical Illness, & Hospital Confinement Plans