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Lafayette Federal will be closed Thursday, November 22nd through Saturday, November 24th for the Thanksgiving holiday. Members may access Online Banking or contact our 24-hour Call Center at (301) 929-7990 or (800) 888-6560. X
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Serving members worldwide since 1935.

Employment Opportunities

  • 401(k) with Employer Match and Profit-sharing
  • Generous Paid Time Off Package
  • Group Health Insurance for Single and Family Coverage

In addition to these benefits, we foster a great work environment. Just ask our employees!

Lafayette Federal is not just a great place to bank--it's a great place to work, too! If you are interested in joining our team‚ please review our great benefits package and available positions below.

Employee Benefits

We offer outstanding benefits, including:

  • 401(k) with Employer Match and Profit-sharing
  • Generous Paid Time Off Package
  • Group Health Insurance for Single and Family Coverage
  • Flexible Spending Account
  • Health Savings Account with Employer Funding
  • Life and Accidental Death and Dismemberment Insurance
  • Short and Long-Term Disability Insurance
  • Dental Reimbursement
  • Commuter Benefits
  • Educational Assistance
  • And More!

*We are an equal opportunity employer.

EOE/AA/VETERAN/DISABLED

Available Positions

We are currently seeking Member Service Representatives for our DC, MD, and VA branches.

More specifically, the Member Service Representative will:

  • Process all transactions for members, in person or via telephone including deposits, withdrawals, loan payments, cash advances and transfers.
  • Disburse cashier's checks.
  • Balance each day’s transactions and verify cash totals.
  • Receive checks and cash for deposit in savings and checking accounts, verify deposit amounts, examine checks for endorsement and negotiability, and receipt transactions via on-line teller terminal.
  • Give prompt, efficient and accurate service in the processing of all transactions such as opening of new checking/savings accounts, direct deposits, ATM cards, CD/IRA/Money Markets.
  • Open new member accounts and provide information to new and prospective members by explaining and cross-selling Credit Union products and services.
  • Interview loan applicants, gather required information for a credit application and explain loan options, rates, terms and collateral.
  • Present loan product options.

Qualified candidates will have:

  • A high school education or GED.
  • Six months to two years of similar or related experience.
  • Excellent customer service skills.
  • Strong business development and/or sales skills.
  • Good communication skills, both verbal and written.
  • Positive credit standing.

In order to be considered for the Member Service Representative position, you must take and pass LFCU’s Teller Test. To access the test, please click here. Please note that should you encounter any technical difficulty, you must click on the Contact Tech Support link displayed at the bottom of each page. Our Human Resources Department will contact you accordingly upon your successful completion of the test. Good luck!

Qualified candidates with positive credit standing should apply here.

We are currently seeking an Assistant Branch Manager to join our winning team. Summarily, this position will coach and mentor a qualified staff sufficiently to meet the needs of the membership while proactively seeking opportunities to cross-sell products and services for the betterment of our members.

More specifically, the Assistant Branch Manager will:

  • Contribute to the successful achievement of branch sales goals as set by the VP Sales and Service.
  • Coordinate the day-to-day operations of the branch in accordance with established policies & procedures while ensuring that quality service standards are maintained.
  • Perform all duties of a Member Service Representative as needed.
  • Act as a Branch Manager in his/her absence.
  • Respond to questions and/or provide information upon request from members (internal & external).
  • Process requests/transactions as appropriate.
  • Assist members and potential members in understanding and utilizing Credit Union products and services.

Qualified candidates will have:

  • Six months to two years of similar or related experience.
  • A two-year college degree or completion of a specialized course of study at a business or trade school.
  • Excellent interpersonal skills.
  • Excellent customer service skills.
  • Strong business development and/or sales skills.
  • Good communication skills, both verbal and written.
  • Positive credit standing.

In order to be considered for the Assistant Branch Manager position, you must take and pass LFCU’s Teller Test. To access the test, please click here. Please note that should you encounter any technical difficulty, you must click on the Contact Tech Support link displayed at the bottom of each page.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a dynamic, polished, resourceful Office Coordinator to provide temporary administrative and logistical support to our Administrative and Human Resources Department. If you enjoy juggling multiple projects simultaneously, being the point person, and have demonstrated success in a support role please forward your resume for immediate consideration.

More specifically, the Office Coordinator will:

  • Update office reference lists.
  • Monitor and replenish general and specialty office supplies.
  • Maintain neat and orderly supply areas and storage rooms.
  • Execute various document processing tasks.
  • Provide auxiliary office support services.
  • Assist with the overall day-to-day functions of the department.
  • Work as liaison between borrower and our Lending Department and Title/Settlement Company and be responsible for resolving any issues within 24 hours of being informed of any problems/concerns.
  • Protect the credit union's image by keeping mortgage loan information strictly confidential.
  • Be responsible for understanding and complying in an accurate and timely basis with all Bank Secrecy Act/Anti Money Laundering/OFAC requirements that pertain to the MLO position and as directed by management and/or the Compliance Officer.
  • Provide outstanding service to both internal and external members by adhering fully to the provisions of our Service Standards Policy.
  • Perform other duties as assigned by the VP of Loan Origination, Senior Vice President of Lending, and/or Executive Management.

Qualified candidates will have:

  • Strong communication and organizational skills
  • Knowledge of Microsoft Office applications (Word, Excel, Outlook)
  • Excellent interpersonal skills and the ability to develop strong working relationships
  • Desire to work in a fast-paced environment and the ability to work on multiple tasks simultaneously
  • Ability to think creatively
  • Minimum typing speed of 45 wpm
  • High school diploma

The ideal candidate will have prior experience in a support role and must possess a professional demeanor, sound judgment and discretion when dealing with confidential matters. You must be flexible, dependable and punctual as this is an extremely important support position. Excellent organization, time management, and multi-tasking skills required for successful achievement of position goals in this fast paced, demanding environment.

The successful candidate will be self-directed, highly skilled, results-driven and have excellent computer and technical skills. Must be proficient in MS Office. Must be a team player, show initiative, possess exceptional verbal and written communication skills and be able to interface professionally with all levels, both internally and externally. The ability to follow through and follow up is critical. Must be able to adapt quickly to meet changing deadlines and priorities. Able to work overtime as needed, sometimes on short notice, including some Saturdays and late evenings based upon project work and peak busy times. Some light lifting, walking, standing, bending involved.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a Mortgage Loan Servicer to join our winning team. Summarily, this position which is based in Kensington, MD, is responsible for providing effective loan servicing to members, quality control of servicing issues, and effectively supporting investor loan sales and service.

More specifically, the Mortgage Loan Servicer will:

  • Provide timely and effective service to members, employees, and related business relationships to the administration and servicing of Lafayette Credit Union’s mortgage loan products.
  • Provide escrow administration for new and existing real estate loans.
  • Maintain quality control of mortgage loans.
  • Prepare accurate and timely required daily and monthly investor reports as required by Freddie Mac, Fannie Mae and FHA/VA.
  • Produce and reconciles all daily, mortgage settlements.
  • Research and resolves general ledger differences.
  • Research and process exception payments.
  • Prepare all daily and monthly reports plus handles all remittance requirements for the Federal Home Loan Mortgage Corporation (FHLMC), the Federal National Mortgage Corporation (FNMA) and Federal Housing Administration (FHA)/Veterans Administration (VA).
  • Be responsible for accurate timely preparation, input, and delivery of loans for sale to Freddie Mac, Fannie Mae and FHA/VA.
  • Process complex corrections in the mortgage and core systems.
  • Process and submit lien releases for recording.
  • Be responsible for tracking, processing, and payment of all real estate taxes, hazard insurance, private mortgage insurance, and other miscellaneous escrow items based on standard mortgage system reports.
  • Be responsible for the set-up of escrow items in the Mortgage Servicing System.
  • Accurately complete monthly and yearly processing and reporting, including Credit Bureau Reporting, deferred income accounting, IRS, various internal reports and home equity PMI reporting.
  • Prepare and reviews tax and insurance disclosure notices annually.
  • Process and review interest rate change notices and payment change notices on Adjustable Rate Loans as well as notifications for ballooning and maturing notes.
  • Be responsible for the final review and activation of PMI certification.
  • Provide training and job task assistance to fellow employees.
  • Participate in audits both internal and external.
  • Participate in special projects and assignments under the direction of Loan Servicing Management.

Qualified candidates will have:

  • Associates degree plus 1-2 years’ experience or 4 years directly related experience.
  • Thorough knowledge of real estate lending practices, including federal regulatory requirements, state regulations, FNMA/FHLMC/FHA guidelines, VA, and private investor guidelines.
  • Ability to apply concepts of fractions, percentages, ratios and proportions to practical situations with a high degree of accuracy.
  • Ability to interpret, understand and apply investor and regulatory requirements.
  • Ability to grasp and understand legal documents, i.e. POA, TIL, DEED OF TRUST, etc.
  • Ability to operate a personal computer, to include Word and Excel.
  • Ability to grasp and understand loan servicing operating procedures and standards.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a Program Manager to join our winning team and assist in growing our current contractor database of partners. The perfect candidate for this position will have a strong working knowledge of the home improvement industry, understand the needs that contractors face when trying to find financing options for their customers and have contacts within the industry to help add new contractors to the credit union's program. An understanding of lending and/or finance would be complimentary but is not required. the Program Manager will have the ability to grow the program through use of salespeople and business development efforts and should be comfortable interacting with home improvement contractors, determining the best loan products they can offer to help them increase their sales and maintain a close working relationship with each contractor to monitor the program’s success and the contractor’s level of satisfaction. In addition, the Program Manager will be responsible for oversight of the loan programs and contractor relationships, hire and supervise additional business development/sales officers to assume the role of growing the contractor database. This is a management position with great potential for success as the Contractor Financing Program grows. The Program Manager will supervise all contractor-lending activities to include origination, processing, and funding as well as sales activity, program development and growth.

This position, based in Rockville, MD, is responsible for providing supervision of the credit union's Contractor Financing Program including but not limited to: (a) attracting new home improvement contractors to the program and (b) supervision of existing contractor relationships, loan production, staffing and new production of business development/sales officers.

More specifically, the Program Manager will:

  • Attract new home improvement contractors to participate in financing programs through referrals, direct sales and/or trade organizations, marketing outreach and hiring and supervision of business development/sales officers.
  • Be responsible for meeting production goals.
  • Provide information regarding financing options to current and new home improvement contracts and assistance as needed to ensure contractors understand how the options can best meet their needs.
  • Organize promotional events for new and existing home improvement contractors to capture additional sales. Act as liaison between contractors and credit union to build and maintain strong relationships through periodic phone calls, letters/e-mail and personal visits.
  • Provide appropriate program and training resources to home improvement contractors as needed.
  • Evaluate financing options within program and make pricing, term, staffing and/or design recommendations as needed to meet contractor and credit union needs.
  • Research, report and correct any quality issues with regard to service being provided to contractors and/or loan quality according to the organization's policies and procedures, as well as working with appropriate channels to ensure that steps are taken to correct unsatisfactory conditions.
  • Create, develop and monitor sales efforts of business development/sales officers.
  • Assist in establishing the department's annual business development plan including goals and budget.
  • Perform other duties as assigned by the VP of Consumer Lending and/or SVP of Lending.

Qualified candidates will have:

  • Five or more years of experience with home improvement contractors
  • Equivalent to a college degree (BS or BA in a relevant field) is desired.
  • Excellent written and verbal communication skills.
  • Excellent organizational and time-management skills.
  • Excellent analytical skills, problem-solving and self-direction.
  • Ability to make sound decisions based on company policies and procedures.
  • Ability to function in financial institution environment and utilize standard office equipment.
  • A significant level of trust and diplomacy is required.
  • Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
  • Familiarity with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals.
  • Excellent communication and interpersonal skills.
  • Adequate knowledge of financial products and services.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a Business Development Officer for our Contractor Financing Program to join our winning team and assist in growing our current contractor database of partners. The perfect candidate for this position will have a strong working knowledge of the home improvement industry, understand the needs that contractors face when trying to find financing options for their customers and have contacts within the industry to help add new contractors to the credit unions program. An understanding of lending and/or finance would be complimentary but is not required. Your ability to grow the contractor database is essential to the success of the program. You should be comfortable interacting with home improvement contractors, determining the best loan products they can offer to help them increase their sales and maintain a close working relationship with each contractor to monitor the program’s success and the contractors level of satisfaction.

This position, which is based in Rockville, MD, is responsible for providing business development of the credit union's Contractor Financing Program including but not limited to: (a) attracting new home improvement contractors to the program and (b) building upon already established contractor relationships, monitoring market conditions as they relate to merchant financing options and trends and working with management to ensure the Program is meeting the needs of the contractors resulting in achievement of the credit unions production goals.

More specifically, the Business Development Officer will:

  • Attract new home improvement contractors to participate in financing programs through referrals, direct sales and/or trade organizations and marketing outreach that includes direct support from our in-house marketing team.
  • Meet established production goals through continually adding and building upon contractor relationships with the goal of capturing high loan submission ratios.
  • Provide information regarding financing options to current and new home improvement contractors and assistance as needed to ensure contractors understand how the options can best meet their needs.
  • Organize promotional events for new and existing home improvement contractors to capture additional sales.
  • Act as liason between contractors and credit union to build and maintain strong relationships. Efforts would be accomplished through periodic phone calls, letters/e-mails, personal site visits and attendance at contractor sales production meetings. Feedback to management would occur on a regular basis through a standard reporting method. Some periodic travel required.
  • Provide appropriate program and training resources to home improvement contractors as needed.
  • Provide feedback from contractors/prospective contractors regarding market conditions for merchant financing and the needs of those contractors and make recommendations accordingly.
  • Perform other duties as assigned by the VP of Consumer Lending and/or SVP of Lending

Qualified candidates will have:

  • Five or more years of experience with home improvement contractors working as a sales consultant/coordinator, finance manager or marketing director preferred. Additional experience in merchant financing and sales also beneficial
  • Equivalent to a college degree (BS or BA in a relevant field) is desired; but not required.
  • Excellent written and verbal communication skills.
  • Excellent organizational and time-management skills.
  • Excellent analytical skills, problem-solving and self-direction.
  • Ability to make sound decisions based on company policies and procedures.
  • Ability to function in financial institution environment and utilize standard office equipment.
  • A significant level of trust and diplomacy is required.
  • Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
  • Ability to interact with company owners and contractor sales/production staff.
  • Ability to be comfortable discussing financial program details with appropriate parties.
  • Ability to travel within the U.S. periodically to conduct site visits and/or attend sale/production meetings.
  • Ability to Familiarity with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals.
  • Excellent analytical skills, people skills and self-direction.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a Help Desk Specialist to join our Information Technology Department. Summarily, this position will provide assistance in ensuring the stable operation of the in-house computer network to include planning, designing, installing, configuring and maintaining network hardware, software and communication links while providing help desk support to both LFCU staff and members.

More specifically, the Help Desk Specialist will:

  • Provide HelpDesk services to credit union staff.
  • Troubleshoot PC hardware and software problems in a timely manner.
  • Install appropriate hardware or software within the specified time frames.
  • Provide friendly, professional and accurate service and support to all members and associates.
  • Maintain and add to technical knowledge of computer hardware and software to ensure credit union has the ability to achieve its goals as outlined in the current operating plan.
  • Respond quickly to all service requests and ensure problem resolution as quickly as possible.

Qualified candidates will have:

  • Two to five years of similar or related experience.
  • A college degree or certification in networking or a relevant area in computer science. Preferably a degree from a four-year college with a major in computer science.
  • Excellent communication and interpersonal skills.
  • Understanding of PC operating systems.
  • Excellent application support experience with Microsoft Office Suite.
  • Knowledge of applicable data privacy practices and laws.
  • Experience in PC implementation and trouble-shooting.
  • Experience in a virtual desktop environment is preferred but not required.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a Vice President of Finance. Under the general direction of the Senior Vice President of Finance & Accounting, the VP of Finance provides computational, quantitative, and analytical support to the credit union’s senior managers, supports programs and/or models that evaluate the organization's asset/liability strategy as well as assist with the development of critical analyses that drive decision-making for the credit union’s balance sheet. Knowledge and experience in C. Myers Asset Liability Modeling system is strongly preferred.

A key function for this role will be to assist in the design, development and deployment of automated systems to manage and analyze data, monitor and report on interest rate risk and liquidity risk, and perform forecasting, periodic stress testing, and scenario analysis. Likewise, the VP of Finance will have a strong understanding of the relationships between various components of the balance sheet such as NEV, liquidity analyses, ROA, ROI, etc.

More specifically, the Vice President of Finance will:

  • Assist in the (a) preparation of executive level presentations (ALCO, Board, etc.) and (b) reporting the interest rate risk position, including duration of equity, economic value of equity sensitivity, and earnings at risk.
  • Communicate valuation and net interest income analytics to senior management. Reports results of Asset-Liability Management (ALM) Stress Tests (Liquidity, IRR, and Capital).
  • Assist in the documentation, implementation, and monitoring of policies, procedures, and practices for interest rate, liquidity, and funding risk, as well as investment portfolio management.
  • Develop documentation for modeling processes and data management.
  • Implement and deploy automated solutions for the collection of data and the production of risk metrics reports.
  • Streamline, re-factor, and enhance existing risk and performance analytics and processes
  • Conduct data querying, manipulation, transformation, and analysis of large data sets.
  • Contribute to the process of model and technology improvement across various analytic and database tools.
  • Design, build, and maintain a robust framework for the efficient, timely, and accurate production of summary risk information for subsequent distribution to senior management, board members, and regulators.
  • Enhance the data and reporting infrastructure to allow for faster and more effective information flow. Assists with the design and implementation of data models, tools, processes, and governance for analytic systems used in ALM.
  • Conduct analyses to validate models (e.g. prepayment), market inputs (e.g. volatility), and reported results to ensure adequate modeling and accurate balance sheet risk reporting.
  • Develop analytical models to explain the change in values of assets and liabilities, and provides attribution and sensitivity analyses for all inputs and assumptions that may drive gains or losses.
  • Implement new measures to quantify risk, assesses portfolio manager performance, and monitors portfolio construction.
  • Manage and analyze data for the purpose of generating collateral cash flows and related calculations.
  • Model, analyze, and report re-pricing mismatches, basis risk, yield curve risk, and options risk.
  • Perform model governance activities consistent with best practices and regulatory requirements.
  • Assist in the development of liquidity risk measurement and monitoring techniques and systems, and in monitoring liquidity and cash flow projections to ensure that risk limit thresholds are not exceeded.
  • Evaluate the performance of a variety of asset and liability portfolios by employing quantitative and qualitative analysis.
  • Perform Net Interest Income and Economic Value of Equity forecasting and "What-If” analyses.

Additional responsibilities:

  • Review analytical tools, methodologies, and third party reports to ensure that high-quality asset and liability economic analysis is being performed; assists with back testing model assumptions and results to validate and improve forecasting; assists in business planning, budgeting, and stress testing processes.
  • Maintain solid understanding of evolving regulatory requirements.
  • Challenge the status quo and seek opportunities to make processes more robust, accurate and comprehensive.
  • Assist in various planned and ad hoc corporate projects and initiatives like stress testing, forecasting, corporate planning, quarterly earnings preparation, and other analysis as necessary.
  • Undertake other work-related duties as assigned by SVP of Finance and Accounting, EVP/CFO and/or President/CEO.

Qualified candidates will have:

  • Bachelor’s degree in Finance, Mathematics, Economics or a related field.
  • Master’s degree preferred.
  • Experience in asset liability management modeling software, specifically C. Myers.
  • Expertise in relational database and SQL.
  • Strong understanding of data warehousing, analytics, reporting, and best practices.
  • Excellent problem solving and analytical skills, detail-orientation, independent thinking, and organizational skills.
  • Knowledge of risk management techniques and quantitative tools such as value at risk.
  • Self-directed and motivated to solve urgent problems by conducting ad hoc analysis and/or reaching out to other departments as necessary.
  • Understanding of structured finances, such as MBS and CMO cash flows.
  • 5+ years of experience directly related to asset liability management or interest rate management, modeling fixed income products, SQL/Tableau.
  • 5+ years of experience in corporate treasury or finance at banking institution.
  • Strong customer service orientation.
  • Ability to effectively prioritize and execute tasks in a high-pressure environment.
  • Strong interpersonal and oral communication skills.
  • Highly self-motivated and directed.
  • Keen attention to detail.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a dynamic, polished, resourceful Administrative Services Specialist to provide a variety of administrative and logistical support to our VP of Sales and Service. If you enjoy juggling multiple projects simultaneously, being the point person, and have demonstrated success in a support role please forward your resume for immediate consideration. .

More specifically, the Administrative Services Specialist will:

  • Perform ongoing monitoring/quality assurance pertaining to compliance with new account opening documents.
  • Coordinate repairs and maintenance for facilities.
  • Partner with management and vendors to ensure repair and maintenance issues are completed in a timely manner, at the most economical cost, and at a level of service meeting LFCU expectations.
  • Other duties as assigned.

Qualified candidates will have:

  • Strong communication skills both written and verbal.
  • Excellent organizational skills.
  • Strong analytical thinking and strategic planning skills.
  • Knowledge of Microsoft Office applications (Word, Excel, Outlook).
  • Excellent interpersonal skills and the ability to develop strong working relationships.
  • Desire to work in a fast-paced environment and the ability to work on multiple tasks simultaneously.
  • Ability to think creatively.
  • High school diploma.
The ideal candidate will have prior experience in a support role and must possess a professional demeanor, sound judgment and discretion when dealing with confidential matters. You must be flexible, dependable and punctual as this is an extremely important support position. Excellent organization, time management, and multi-tasking skills required for successful achievement of position goals in this fast paced, demanding environment. The successful candidate will be self-directed, highly skilled, results-driven and have excellent computer and technical skills. Must be proficient in MS Office. Must be a team player, show initiative, possess exceptional verbal and written communication skills and be able to interface professionally with all levels, both internally and externally. The ability to follow through and follow up is critical. Must be able to adapt quickly to meet changing deadlines and priorities. Able to work overtime as needed, sometimes on short notice, including some Saturdays and late evenings based upon project work and peak busy times. Some light lifting, walking, standing, bending involved.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a Consumer Loan Processor for our Consumer Lending Department. Summarily, the Consumer Loan Processor, while under the general supervision of the VP of Consumer Lending, will be expected to follow established policies and procedures while providing administrative support to the processing, closing and post-closing activities of the Consumer Lending Department based in Rockville, MD.

More specifically, the Consumer Loan Processor will:

  • Perform a variety of consumer loan support duties such as calculating cash disbursed figures, verifying payroll deduction forms, processing loan payment change forms and issuing loans , etc.
  • Provides information to members via telephone or in person on loan options, rates, terms and collateral requirements. Informs the member of all necessary information/documentation required to complete a consumer loan application.
  • Reviews consumer file to verify that all required documentation has been received; follows up and requests missing information; analyzes and pre underwrites the information gathered based on credit union policy; prepares file for review by reconciling the income, appraisal value, credit history; determines the terms and conditions of the loan.
  • Prepares loan closing documents and schedule and executes closing of loans. May calculate loan amount and disburse funds for settlement.
  • Performs quality control on all consumer loans and ensures that they are in compliance with all applicable external and internal regulations.
  • Responsible for the thorough knowledge of consumer loan products, policies and procedures.

Qualified candidates will have:

  • A high school education or GED.
  • Six months to two years of similar or related experience.
  • Excellent customer service skills. Courtesy, tact, and diplomacy are essential elements of the job. Work involves personal contact with others inside and/or outside the organization, generally regarding routine matters for purposes of giving or obtaining information which may require some discussions.
  • Good communication skills, both verbal and written.

Qualified candidates with positive credit standing should apply here.

We are currently seeking a Mortgage Loan Processor (MLP) to join our winning team. If you are a strategic thinker who is innovative, creative, and willing to learn then this job is for you. This position reports directly to the VP of Mortgage Lending. Summarily, the MLP is responsible for gathering, evaluating, and verifying the validity of all information supplied on the mortgage loan application as well as assembling and submitting a completely documented file to underwriting for closing. The MLP will act as the primary liaison between the loan officer, branch offices, realtors, builders and the borrowers.More specifically, the Mortgage Loan Processor will:

  • Process 1st and 2nd trust loan applications received from Loan Officers in a quality consistent with all company policies and procedures as well as meeting all regulatory requirements.
  • Maintain communication with borrowers throughout the entire loan process, assisting them with any questions, providing them with a status of their loans and notifying them of any additional items needed.
  • Update Loan Officers, realtors, builders and Title Company on loan status.
  • Review and monitor active loan pipeline on a daily and weekly basis and act accordingly.
  • Monitor rate lock information for data integrity and expiration dates; communicate discrepancies to the Loan Officer.
  • When applicable, prepare "Declination /Withdrawn Letters” and ensure accurate and timely disclosure of the reason(s) for the adverse action as soon as it is determined by the Loan Officer or Underwriter.
  • Update the status of the loan on FICS and scan the file into Application Extender.
  • Be responsible for understanding and complying in an accurate and timely basis with all Bank Secrecy Act/Anti Money Laundering/OFAC requirements that pertain to the Mortgage Loan Processor position at LFCU and as directed by management and/or the Compliance Officer.
  • Provide outstanding service to both internal and external members by adhering fully to the provisions of LFCU’s Service Standards Policy.
  • Perform other duties as assigned by the VP of Mortgage Lending and/or the SVP of Mortgage Lending.

Qualified candidates will have:

  • Experience: Two years to five years of similar or related experience. Must have working knowledge of Fannie Mae/Freddie Mac and FHA/VA policies and guidelines.
  • Education: High School or equivalent Mortgage-related training preferred.
  • Interpersonal Skills: Excellent written and verbal communication skills. Excellent organizational and time-management skills. Ability to make sound decisions based on company policies and procedures. A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Courtesy, tact, and diplomacy are essential elements of the job. Work involves personal contact with others inside and/or outside the organization, specifically Loan Officers, branch employees, borrowers, realtors, builders, appraisers, title companies, etc.
  • Other Skills: Must working ability learn mortgage-related programs and possesses the ability to facilitate training. Adept in MS Office applications including but not limited to Outlook, Word, Excel and other applications.

Qualified candidates with positive credit standing should apply here.

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