Loan/Collections Department - Part-time

Elizabeth NJ Fireman's Federal Credit Union is seeking a Loan/Collections Department - Part-time person

Loan /Collections Department.-Part time

Loan/Collection Officer ; Purpose: Develops loan applications by evaluating applicant information and documentation based on credit union policy. Manages the collection process and responsible for overseeing the collection effort. Educates members on the importance of getting and maintaining a good credit history.

      Job Duties: 

  • Evaluates loan applications and documentation by confirming credit worthiness.
  • Improves loan applications and documentation by informing applicants of additional requirements.
  • Rejects loans by explaining deficiencies to applicants.
  • Approves loans by issuing checks or forwarding applications to Loan management for review.
  • Completes loan contracts by explaining provisions to applicant: obtaining signatures and collecting any fees associated with the process.
  • Helps members by answering questions and responding to requests.
  • Maintains member confidence by keeping loan information confidential. A breach in this will result in immediate termination.
  • Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks relating to the job description.
  • Actively seek out opportunities to grow the loan portfolio.
  • Offer financial counseling to our members by referring them to CCCS of NJ, a non profit company that will assist of members get back on track.
  • A pro-active approach to collections will be required.
  • Basic knowledge of GAP a must.
  • Collections experience preferred.

The credit union offers personal loans, auto loans, home equity loans, mortgage loans, share secured and RV loans.

This individual must be highly motivation, a self starter able to multi task with strong verbal communication skills, professionalism, customer service, knowledge of computers and financial skills and be a good salesman.

This position is from 9am-2pm M,W, F. Salary will be based on experience. There are no benefits associated with this position.

Send resume to: Elizabeth, NJ Fireman’s FCU 411 Irvington Avenue, Elizabeth, NJ 07208. RM#305

Posted 10-20-17