Loan Officer & Financing Advisor

Sevenfold Federal Credit Union; Louisiana (MO); On-site; USD 18,000 - 26,000; Full time

Job summary

Sevenfold Federal Credit Union in West Monroe, LA is seeking a Loan Officer to evaluate, authorize, or recommend loan approvals.

You will analyze credit reports and financials, explain options to applicants, and collaborate with underwriters to move loans through the process.

This role requires strong regulatory knowledge and client relationship skills to grow lending business while maintaining compliance.

Qualifications

• Minimum experience in credit scoring and loan processing.
• Knowledge of Louisiana lending regulations.
• Ability to interpret financial data and credit reports.

Responsibilities

• Evaluate loan applications by analyzing credit reports, financial statements, and other data to determine creditworthiness.
• Interview applicants to gather necessary information and explain loan options, terms, and conditions clearly.
• Recommend approval or denial of loan applications based on thorough risk assessment and adherence to lending policies.
• Collaborate with underwriters, credit analysts, and other financial professionals to ensure accurate and timely processing of loans.
• Maintain detailed records of loan applications, approvals, and denials while ensuring compliance with all regulatory requirements.
• Develop and maintain relationships with clients to provide ongoing support and identify opportunities for additional financial products.
• Stay informed about changes in lending regulations, market conditions, and financial products to provide up-to-date advice to clients.

Skills

Credit scoring

Regulatory compliance

Financial analysis

Communication skills

Tools

Loan origination software

Financial analysis tools

Job description

Sevenfold Federal Credit Union in West Monroe, LA is seeking a Loan Officer to evaluate, authorize, or recommend loan approvals.

You will analyze credit reports and financials, explain options to applicants, and collaborate with underwriters to move loans through the process.

This role requires strong regulatory knowledge and client relationship skills to grow lending business while maintaining compliance.