At a Glance
- Tasks: Underwrite consumer loan requests and evaluate credit applications with precision.
- Company: Join a leading credit union committed to fair lending and member support.
- Benefits: Enjoy comprehensive health insurance, 401(k) matching, and tuition reimbursement.
- Other info: Dynamic work environment with opportunities for growth and advancement.
- Why this job: Kickstart your career in finance while making impactful decisions for members.
- Qualifications: High school diploma and one year of relevant experience required.
The predicted salary is between 49284 - 73391 £ per year.
Reports to: Consumer Lending Credit Analyst Officer
Primary Functions: Underwrite consumer loan requests.
Duties and Responsibilities:
- Evaluate credit applications and make credit decisions consistent with the Equal Credit Opportunity Act and all other existing authority, including credit union policies and guidelines.
- Rapidly underwrite and respond to credit requests sent to the Consumer Lending department by members, credit union branches, and network dealers.
- Validate automated lending decisions and complete administrative follow-up to ensure compliance, fair lending, and member identification protocols are being followed.
- Perform other duties as assigned.
Qualifications
Education: High school graduate or equivalent
Creditable Experience in Lieu of Education: Not Applicable
Experience/Skills:
- One-year experience with this credit union in a problem‑solving capacity, or underwriting consumer loans, which routinely calls for independent decision making in a high volume, fast‑paced environment.
- Must have knowledge of all consumer lending regulations.
- Must have ability to adapt to a variety of situations, processing a high volume of work with attention to detail.
- Must have ability to communicate effectively and diplomatically.
Tenure: Consumer Lending Credit Analyst Trainee (Category 13), Consumer Lending Credit Analyst I (Category 12), Consumer Lending Credit Analyst II (Category 11), Consumer Lending Credit Analyst III (Category 10), and Senior Consumer Lending Credit Analyst (Category 09) 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:
- 09 $69,557 - $112,677 annually
- 10 $63,233 - $99,908 annually
- 11 $57,484 - $90,230 annually
- 12 $53,226 - $81,405 annually
- 13 $49,284 - $73,391 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 Credit Analyst Trainee, I, II, III, Senior in Street employer: Global Credit Union
As a Consumer Lending Credit Analyst Trainee at our credit union, you will thrive in a supportive and dynamic work environment that prioritises employee growth and development. We offer comprehensive benefits, including medical, dental, and vision insurance, along with a robust 401(k) plan and generous leave programs, ensuring a healthy work-life balance. Our commitment to equal opportunity and professional advancement makes us an exceptional employer for those seeking a rewarding career in consumer lending.
StudySmarter Expert Advice🤫
We think this is how you could land Consumer Lending Credit Analyst Trainee, I, II, III, Senior in Street
✨Tip Number 1
Network like a pro! Reach out to current or former employees in the consumer lending space. They can give you insider tips and might even refer you directly, which can really boost your chances.
✨Tip Number 2
Prepare for those interviews! Brush up on your knowledge of consumer lending regulations and be ready to discuss how you've handled high-pressure situations in the past. We want to see that you can think on your feet!
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share specific examples of how you've tackled challenges in previous roles. This will demonstrate your ability to make independent decisions, which is key for this position.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team!
We think you need these skills to ace Consumer Lending Credit Analyst Trainee, I, II, III, Senior in Street
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Consumer Lending Credit Analyst role. Highlight your relevant experience and skills that match the job description, especially your problem-solving abilities and knowledge of consumer lending regulations.
Showcase Your Attention to Detail:Since this role involves evaluating credit applications, it's crucial to demonstrate your attention to detail. Use specific examples in your application that showcase how you've successfully managed high volumes of work while maintaining accuracy.
Communicate Effectively:Effective communication is key in this position. In your written application, ensure your language is clear and professional. This will not only reflect your communication skills but also show that you can convey information diplomatically.
Apply Through Our Website:We encourage you to apply directly through our website. This way, you can ensure your application reaches us promptly and you'll have access to all the necessary resources to make your application stand out!
How to prepare for a job interview at Global Credit Union
✨Know Your Stuff
Make sure you brush up on consumer lending regulations and the Equal Credit Opportunity Act. Being able to discuss these topics confidently will show that you're serious about the role and understand the responsibilities involved.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experiences where you've had to make independent decisions in a fast-paced environment. This will demonstrate your ability to handle the high volume of work expected in this position.
✨Communicate Effectively
Practice articulating your thoughts clearly and diplomatically. Since the role involves evaluating credit applications, being able to communicate your decisions and reasoning effectively is crucial.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company’s approach to consumer lending and how they ensure compliance. This shows your interest in the role and helps you gauge if the company is the right fit for you.
