Institutional Lending Specialist

 Posted 5 hours ago
     
0-2 years experience
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AI Summary

Facilitate the purchase of loans from partners and conduct quality reviews to ensure adherence to program criteria. Monitor data from loan servicers and assist with loan sale activities and process improvements.

Connexus Credit Union - Who We Are:

Serving members across all 50 states, Connexus Credit Union is a member-focused cooperative that is proud to return profits to member-owners through high yields for checking accounts and deposit products, as well as competitive rates on our loans. We are a remote first employer with the majority of our employees residing in the upper Midwest.

As an employer we foster collaboration and high performance to achieve excellence. We holistically care for and develop our employees to thrive personally and professionally. We are proud to share our success with our employees and those we serve.

Connexus offers an Amazing Benefits package:

  • 20 days of paid time off and 10 paid holidays

  • 16 hours of paid Volunteer Time Off

  • 401K Retirement with up to 6% employer match

  • Excellent Health, Dental, Vision insurance, including multiple plan options

  • Health Savings Account with generous employer contributions

  • Employer paid Life insurance, Short-Term and Long-Term Disability

  • Tuition Reimbursement from $4,000 - $7,000 per calendar year

  • Robust Learning and Development program that includes an annual professional development stipend

About the Role:

We are looking to add another Institutional Lending Specialist to our team. Reporting to the Institutional Lending Manager, this role’s primary responsibilities include facilitating the purchase of loans from our lending partners, conducting quality reviews of the loans received to ensure adherence to the program criteria, conducting ongoing monitoring of data received from our loan servicers, and assisting with some loan sale activities.

Responsibilities:

  • Presents risk analysis of loans that exceed approval authority to the appropriate Manager for their resolution.

  • Manages loan purchase transactions with a focus on employing strong loan review skills, volume fluctuations and exceeding department goals and objectives.

  • Recognizes, adheres, and complies with established department procedures to ensure accurate, efficient and timely processing of transactions.            

  • Develops and maintains strong relationships with our business partners.

  • Works closely with Accounting to ensure timely processing and superior service to our business partners.

  • Assists Institutional Lending Team to analyze, improve and implement processes to execute overall business plan.

  • Complies with all State and Federal Regulations as they pertain to your job duties.

  • Assists with or conducts training Team Members as needed.

Position Requirements:

  • This position is Remote.

  • Associates degree or commensurate experience is Required.

  • 1+ year of prior loan review experience within a financial institution is Required.

  • Strong computer skills and ability to work with multi-faceted systems is Required.

  • High attention to detail, ability to work in a fast-paced environment with accuracy is Required.

  • Requires proficient skills to use Microsoft Suite applications, including Excel and Word.

Connexus Credit Union's Employer Recognitions:

  • 2026 Best Place to Work in IT, Computer World

Equal Opportunity Employer/Disabled/Veterans/41 CFR 60–1.4, 41 CFR 60-1.35

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