TCF Requisition #: 380080604
Employment Status: Full Time
Location: 800 Burr Ridge Parkway
Burr Ridge, Illinois 60527-0000
Job Description:
Consumer Loan Officer
I) Position Summary
Participate in a training program designed to instruct on established lending practices, consumer loan regulations, knowledge of bank products, and sales techniques. To solicit, market, and process consumer loans and other TCF services; to properly service customers within the policies, objectives, and guidelines established by the division.
Major Areas of Accountability
* Completes assigned training on a timely basis; demonstrates good working knowledge of TCF Policies and Procedures. Receives training in completion of loan applications, processing and closing of consumer loan products.
* Through on-the-job training and attendance in approved classes, gains understanding of any applications of Federal and State laws concerning the purpose, processing, approval and denial of loan requests.
* Interviews and accepts all Consumer Loan Applications obtaining financial information and purpose of the loan. Analyzes the prospective loan request for previous credit and current financial obligations.
* Qualifies, approves, denies, or counter-offers the loan within assigned credit lines and company policy and is prepared to justify that decision to both the customer and management. Documents credit analysis.
* Refers those decisions beyond the loan officer’s credit limit to the appropriate level of management, recommending approval or rejection and justifying that decision.
* Actively participates in the solicitation of lending business and cross-selling of products to customers in person or by phone.
* Demonstrates progress toward loan production goals set by management. Under manager direction, works collaboratively with Collections department to minimize loan losses, including but not limited to, telephone and field calls to collect.
III) Minimum Qualifications
Education Required:
* High school education or equivalent
* Four-year college degree preferred
Work Experience/Skills Required:
* Sales aptitude.
* Good verbal and written communication skills.
* Good organizational skills
* Previous work experience in a goal driven sales environment.
Benefits:
* Competitive Wages
* Medical, Dental, and Vision Benefits
* Life and Short Term Disability Insurance
* Tuition Reimbursement (after one year of service and some restrictions)
* 401K, with company match of contributions (after one year)
* Dependent Care Spending Account
* Health Spending Account
* Paid Time Off
Tags: loan officer job, mortgage, mortgage jobs, Sales
