At a Glance
- Tasks: Support consumer lending operations with teller transactions and administrative tasks.
- Company: Join a dynamic credit union focused on community and member service.
- Benefits: Enjoy comprehensive health insurance, 401(k) matching, and tuition reimbursement.
- Other info: Opportunities for growth and development within the organisation.
- Why this job: Gain valuable experience in finance while making a difference for members.
- Qualifications: High school diploma and some office experience preferred; strong communication skills required.
The predicted salary is between 66624 - 66624 £ per year.
Reports to: Consumer Lending Operations Administration Supervisor
Functions Supervised: None
Primary Functions: Teller and other administrative support of all Consumer Lending department functions (lending departments include consumer loan origination, servicing, and collection teams).
Duties And Responsibilities:
- Perform teller transactions, update member demographic information and perform file maintenance within lending, collection, and servicing software in accordance with established procedures.
- Perform teller-related functions, including the posting of checks and internal fund transfers, ensuring accuracy and compliance.
- Perform reconciliation and balancing of assigned general ledger (GL) accounts accurately and in a timely manner.
- Complete assigned data entry tasks and prepare documentation for Consumer Lending departments, including but not limited to payment requests for departmental vendors.
- Assist Consumer Lending Operations Administration Supervisor in testing and documenting practices.
- Maintain records relating to board reporting and the handling of negotiable instruments in accordance with credit union policies.
- Order and maintain departmental supplies, ensuring availability and inventory control in alignment with operational needs.
- Perform additional duties and responsibilities as assigned to support departmental operations.
Qualifications:
Education: High School graduate or equivalent
Creditable Experience in Lieu of Education: Not Applicable
Experience/Skills: Six months of general office work experience with some knowledge of lending or loan servicing preferred. Strong written and oral communication skills required. Working familiarity with MS Office suite. Ability to work independently and in a team environment.
Tenure: Assignment to Consumer Lending Operations Administration Specialist I (Category 16), Consumer Lending Operations Administration Specialist II (Category 15) or Consumer Lending Operations Administration Specialist III (Category 14) requires meeting proven acceptable performance standards as established by management. Directly related work experience and/or accelerated training completion may be substituted for tenure.
Compensation: Starting base salary will be determined based on candidate experience, qualifications, education, and applicable local or state wage requirements, and will fall within the range provided below. In accordance with our Salary Administration policy, new hire base salaries generally fall between the minimum and midpoint of the listed range.
Salary Pay Range:
- 14 $45,633 - $66,624 annually
- 15 $42,254 - $60,844 annually
- 16 $40,241 - $57,142 annually
Benefits:
- Short-term and long-term incentives
- Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
- 401(k) plan with a 5% match
- Employee Assistance Program (EAP)
- Life and disability coverage
- Voluntary cash benefits for accident, hospitalization and critical illness
- Tuition Reimbursement
- Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
Equal Opportunity Employer
Consumer Lending Operations Administration Specialist I, II, III employer: Global Credit Union
Global Credit Union is an exceptional employer that prioritises employee development and fosters a collaborative work culture. With a focus on optimising recoveries, our team enjoys competitive compensation, comprehensive benefits, and ample opportunities for professional growth in a supportive environment. Located in a vibrant community, we offer unique advantages such as flexible working arrangements and a commitment to work-life balance, making it a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Consumer Lending Operations Administration Specialist I, II, III
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Global Credit Union. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Consumer Lending Operations Administration Specialist I, II, III
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Global Credit Union.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Global Credit Union's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Global Credit Union
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Global Credit Union.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Global Credit Union will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Global Credit Union employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
