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Loan Manager | Manager in Executive Job at Freestar Financial Credit Union in Sterling Heights MI 1

This listing was posted on ApplicantList.

Loan Manager

Location:
Sterling Heights, MI
Description:

FreeStar Financial Credit Union is looking for a dynamic and passionate professional to lead our Lending Sales team. If you love to use your creative skills to generate new business and provide innovative financial solutions , this may be the right job for you! Job Location: Sterling Heights Days: Monday Thru Friday w/ occasional Saturdays Hours: 8 AM - 5 PM Benefits: 4 weeks PTO available in the first year 401k with up to a 6% match Up to a 5% year-end bonus Position Purpose: The primary purpose of the Loan Manager is to assist FreeStar Financial Credit Union in fulfilling our mission positively impact the lives of our members, team members, and community through making meaningful connections and progressive financial solutions. This is accomplished by identifying and recommending appropriate products, solutions and services that may improve the financial health of our members. What You'll Do In This Role: Responsible for meeting all loan origination goals for the organization. Oversee the day-to-day operations of the loan sales department. Operations include origination, and real estate loan processing and closings. Monitor and maintain Centralized Lending, Indirect Lending, and Real Estate Lending programs, policies, and procedures. Responsible for analyzing current lending product offerings, suggest changes, and/or create new lending products. Oversee the processing of indirect and real estate loan applications to ensure origination standards are met. Ensure the cross training of staff within the department to ensure adequate coverage of positions and duties. Work with Branch leadership to engage and train team members on lending sales initiatives and meeting origination goals. Analyze lending functions to use technology in all areas and make necessary suggestions for improvement and efficiency in the sales process. Prepare monthly board reports. Conduct quarterly lending sales meetings with all lending staff. Review competitor rate comparisons monthly and recommend changes to senior management. Work with Marketing to coordinate loan promotions. Responsible for understanding Fannie Mae underwriting and selling guidelines to ensure all conventional mortgage loans are underwritten and priced appropriately with the intent to guarantee and sell the loan on the secondary market. Serve as Credit Union representative for the Veterans Administration (VA). Keeping abreast of guidelines and changes to VA mortgages. Responsible for evaluating the job performance of all department employees, including issuing any disciplinary actions. Responsible for meeting all loan origination goals for the organization. Oversee the day-to-day operations of the loan sales department. Operations include origination, and real estate loan processing and closings. Monitor and maintain Centralized Lending, Indirect Lending, and Real Estate Lending programs, policies, and procedures. Responsible for analyzing current lending product offerings, suggest changes, and/or create new lending products. Oversee the processing of indirect and real estate loan applications to ensure origination standards are met. Ensure the cross training of staff within the department to ensure adequate coverage of positions and duties. Work with Branch leadership to engage and train team members on lending sales initiatives and meeting origination goals. Analyze lending functions to use technology in all areas and make necessary suggestions for improvement and efficiency in the sales process. Prepare monthly board reports. Conduct quarterly lending sales meetings with all lending staff. Review competitor rate comparisons monthly and recommend changes to senior management. Work with Marketing to coordinate loan promotions. Responsible for understanding Fannie Mae underwriting and selling guidelines to ensure all conventional mortgage loans are underwritten and priced appropriately with the intent to guarantee and sell the loan on the secondary market. Serve as Credit Union representative for the Veterans Administration (VA). Keeping abreast of guidelines and changes to VA mortgages. Responsible for evaluating the job performance of all department employees, including issuing any disciplinary actions. Any other duties as assigned. What You'll Bring To FreeStar Financial: Minimum of Associates Degree preferred. Minimum of five or more years of similar or related experience in the financial industry. Must have knowledge of various federal regulations and the responsibilities relating to each act of the following: Right to Financial Privacy Act Regulation C (Home Mortgage Disclosure Act - HUMDA) Regulation CC (Funds Availability) Regulation ZZ (Truth in Lending) Bank Secrecy Act (BSA) What You'll Get Working at FreeStar Financial: Partner with a talented team helping to provide financial solutions to our members! Be part of an environment where our service to each other is just as important as our service to our members! A wonderful opportunity to expand your skillset and develop professionally! Join a Credit Union culture that makes an impact in the community! Join an organization which appreciates and promotes having balance in your life! A competitive compensation structure which rewards the contributions of our team members! Job Posted by ApplicantPro
Company:
Freestar Financial Credit Union
Posted:
January 25 on ApplicantList
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More About this Listing: Loan Manager
Loan Manager is a Executive Manager Job at Freestar Financial Credit Union located in Sterling Heights MI. Find other listings like Loan Manager by searching Oodle for Executive Manager Jobs.