Membership Operations Specialist

Alliant Credit Union; Chicago (IL); On-site; USD 42,000 - 59,000; Full time

Benefits offered by this job

Annual performance bonus

Work from home up to 3 days a week

Paid parental leave

Employee discount programs

Time off including paid personal and s

11 paid holidays

Job summary

Alliant Credit Union in Chicago seeks a detail‑oriented loan funding specialist to process new memberships and deposit accounts, review documentation, and coordinate with internal teams for compliance. You will manage loan funding pipelines, perform document audits, and ensure timely fund disbursements while maintaining card and account service quality.

The role emphasizes fraud prevention, adherence to BSA and privacy rules, and opportunities to contribute to process improvements through

Qualifications

• High School or Equivalent
• 2 Years Loan funding, processing or related

Responsibilities

• Process new membership and deposit accounts by verifying eligibility, completing requirements, and following up on pending applications.
• Efficiently process loan funding requests by reviewing documentation, coordinating with internal teams for compliance, and managing fund disbursement.
• Act as the initial point of contact for members, delivering outstanding service in the areas of loan and account opening.
• Manage loan funding pipeline and prioritize tasks to meet deadlines, review and audit loan documents
• Coordinate with underwriters, processors and consultants, and handle funding and disbursement processes including checks, wire transfers, and automatic payments
• Process membership and accounts and review, qualify, open deposit accounts, specialty accounts like Trust, CD and UTMA and ATM/debit cards
• Validate membership eligibility, verify documents and signatures for fraud prevention, and handle routine and complex membership inquiries aiming for first-contact resolution.
• Ensure transactions comply with the Bank Secrecy Act and relevant laws, maintain ethics and privacy directives
• Participate in software testing and process improvement initiatives to enhance service quality and operational efficiency

Skills

Loan funding

Customer service

Documentation review

Fraud prevention

Education

High School Diploma or Equivalent

Job description

Process new membership and deposit accounts by verifying eligibility, completing requirements, and following up on pending applications. Efficiently process loan funding requests by reviewing documentation, coordinating with internal teams for compliance, and managing fund disbursement. Act as the initial point of contact for members, delivering outstanding service in the areas of loan and account opening.

• Manage loan funding pipeline and prioritize tasks to meet deadlines, review and audit loan documents
• Coordinate with underwriters, processors and consultants, and handle funding and disbursement processes including checks, wire transfers, and automatic payments
• Process membership and accounts and review, qualify, open deposit accounts, specialty accounts like Trust, CD and UTMA and ATM/debit cards
• Validate membership eligibility, verify documents and signatures for fraud prevention, and handle routine and complex membership inquiries aiming for first-contact resolution.
• Ensure transactions comply with the Bank Secrecy Act and relevant laws, maintain ethics and privacy directives
• Participate in software testing and process improvement initiatives to enhance service quality and operational efficiency

Education & Years of Experience

• Minimum - High School or Equivalent
• Minimum - 2 Years Loan funding, processing or related

Typical hiring range: $41,900.00 to $59,400.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.

Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:

• Annual performance bonus
• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.