Consumer Loan Banker

The Federal Savings Bank; Chicago (IL); Hybrid; USD 45,000 - 60,000; Full time

Benefits offered by this job

Comprehensive Health, Dental, and Vision insurance

Employee Assistance program

Partial annual 401k match

Employee appreciation events

Job summary

The Federal Savings Bank in Chicago, IL is seeking driven individuals for the role of Consumer Loan Banker. This full-time position involves hands-on sales coaching, generating leads, and originating loans.

Ideal candidates will have a 4-year degree or equivalent experience and possess strong communication skills. We offer comprehensive benefits, including health insurance and 401k matching, along with a supportive training environment.

Qualifications

• 1+ years of experience in sales or retail, hospitality, or food & beverage industries preferred.
• Excellent verbal and written communication skills.
• Self-motivated and requires minimal supervision after training.

Responsibilities

• Learn and apply sales techniques through hands-on coaching.
• Support Consumer Lending Division with lead generation.
• Originate Home Equity loans based on provided leads.

Skills

Sales techniques

Communication skills

Problem solving

Organizational skills

Education

4-year college degree or equivalent experience

Tools

Mortgage Loan Origination Software (Encompass preferred)

Microsoft Office Suite

Job description

Description

The Federal Savings Bank is a dynamic, rapidly growing, and veteran‑owned and operated bank. As we continue to grow in the ever‑evolving mortgage industry, we are seeking driven, enthusiastic, and well‑organized individuals to grow with us as a Consumer Loan Banker in our Chicago IL office.

With on‑the‑job training from our highly experienced and very successful Consumer Loan team, we will provide the tools and resources you need to thrive and succeed as a Consumer Loan Banker!

This is a full‑time, entry‑level position reporting directly to the Senior Vice President of Consumer Lending. Only applicants who reside in the Chicago area at the time of application and can agree to a hybrid office schedule will be considered.

For more information please contact:

Alejandra Villasenor

Phone: [phone]

Email: [e-mail]

Key Responsibilities

• Learn and apply sales techniques through hands‑on sales coaching from SVP of Consumer Lending
• Support the Consumer Lending Division with lead generation from existing bank customers
• Originate Home Equity loans based on leads provided
• Ability to leverage the Smart loan, an unsecured personal loan to assist borrowers with the financing of life costs that allows them to not touch the existing equity in their homes
• Help qualify borrowers by being able to utilize our unsecured program to consolidate bills, finance home improvement projects, major purchases, and medical expenses
• Outbound calling to potential clients and referrals from Mortgage Bankers
• Provide exceptional customer service to clients, referrals, and peers
• Operate loan origination and automated underwriting software
• Become an expert at using our CRM and lead management
• Work alongside like‑minded peers in a competitive and lively office environment
• Enter consumer loan applications into our Loan Origination Software
• Participate in weekly National Sales Meetings

Employee Benefits

• NMLS licensing with automatic 50 state lending ability under our federal charter
• Comprehensive Health, Dental, and Vision insurance plans available
• Employee Assistance program (EAPs) for financial planning, emotional wellness, legal guidance, and work‑life solutions
• Partial annual 401k match
• Employee appreciation events
• Friendly, fun, and competitive atmosphere
• Daily coaching and mentoring

Requirements

• 4‑year college degree, or commensurate sales or military experience
• 1+ years of experience in sales or retail, hospitality, and food & beverage industries a plus
• Naturally, high sales acumen
• Excellent verbal and written communication skills. Experience in phone sales or customer service a plus!
• A positive attitude and desire to "win" are required traits to succeed in this role
• Must be dependable, self‑motivated, and require minimal supervision after training
• Self‑motivated with a natural capacity for leadership roles
• Friendly and outgoing personality
• Strong organizational skills and ability to multitask
• Comfortable working in a fast‑paced environment
• Movers & Shakers preferred. The more you hustle the more you make!
• Critical thinker and problem solver
• Favorable credit and criminal background required
• Live in or near Chicago, IL (required)
• Experience with Microsoft Office Suite
• Mortgage Loan Origination Software experience (Encompass preferred)

This role may start out as “entry‑level,