Loan Officer Direct Lending
Teachers Federal Credit Union, Hauppauge, NY, United States
Brief Description: Join Our Team. For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.
Summary Responsible for underwriting consumer loans received online, by the call center or through retail branch locations to increase company revenue by reviewing loan applications with supporting documentation and decisioning loans based on established criteria.
Qualifications & Education
Associate's degree or four years directly related experience.
Minimum two years loan underwriting experience
Strong understanding of consumer loan contracts including APR, amortization schedule, and simple interest calculations
Knowledge of credit union lending policy, lending regulations, and lending fundamentals preferred
Effective written and verbal communication skills
Strong attention to detail and accuracy
Job Duties
Review and analyze an applicant's consumer loan application based on credit rating, borrowing history, and other risk factors.
Monitors application queues and provides timely decisions.
Engages applicants on pending consumer loan applications before 30 days to provide a decision.
Identify leads and opportunities for other Teachers products to deepen the member relationship. Responsible for timely communication of loan decision and other lending opportunities to the branch representative assisting the applicants.
Analyze financial data such as proof of income and/or tax returns to verify the applicant's ability to repay and perform a fraud review.
Discusses adverse actions according to proper regulatory guidelines with applicants as needed.
Answers tier questions by phone, chat, or email from the branch and call center personnel during normal business hours.
Makes recommendations on policy and procedure changes based on changes in the lending environment.
Assists branch personnel, Consumer Loan Processors and Analysts, in an underwriting capacity, as needed during normal business hours.
Benefits Of Joining The Teachers Team
This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives
Paid time off for vacation, personal days, and holidays
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
The good faith range for this position is $36.05 to $43.22 hourly. This range is an estimate based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.
All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.
To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers.
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Summary Responsible for underwriting consumer loans received online, by the call center or through retail branch locations to increase company revenue by reviewing loan applications with supporting documentation and decisioning loans based on established criteria.
Qualifications & Education
Associate's degree or four years directly related experience.
Minimum two years loan underwriting experience
Strong understanding of consumer loan contracts including APR, amortization schedule, and simple interest calculations
Knowledge of credit union lending policy, lending regulations, and lending fundamentals preferred
Effective written and verbal communication skills
Strong attention to detail and accuracy
Job Duties
Review and analyze an applicant's consumer loan application based on credit rating, borrowing history, and other risk factors.
Monitors application queues and provides timely decisions.
Engages applicants on pending consumer loan applications before 30 days to provide a decision.
Identify leads and opportunities for other Teachers products to deepen the member relationship. Responsible for timely communication of loan decision and other lending opportunities to the branch representative assisting the applicants.
Analyze financial data such as proof of income and/or tax returns to verify the applicant's ability to repay and perform a fraud review.
Discusses adverse actions according to proper regulatory guidelines with applicants as needed.
Answers tier questions by phone, chat, or email from the branch and call center personnel during normal business hours.
Makes recommendations on policy and procedure changes based on changes in the lending environment.
Assists branch personnel, Consumer Loan Processors and Analysts, in an underwriting capacity, as needed during normal business hours.
Benefits Of Joining The Teachers Team
This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives
Paid time off for vacation, personal days, and holidays
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
The good faith range for this position is $36.05 to $43.22 hourly. This range is an estimate based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.
All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.
To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers.
California Privacy Notice.
#J-18808-Ljbffr