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Freedom Credit Union

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Applications are currently being accepted for the following positions. If you are interested in applying for a position, please submit a letter of interest and current resume to: hrjobs@freedom.coop.

Credit Analyst

Under general supervision of the Commercial Credit Manager, and in accordance with established policies and procedures, performs credit analysis on all Member Business Loans.

Essential Duties and Responsibilities

  1. Perform financial analysis on each member business loan application and prepare the loan in adherence to all commercial lending policies.
  2. Make recommendations to the Commercial Credit Manager on viability and risk of loan.
  3. Development of the credit memo for each loan
  4. Perform annual reviews of each commercial loan with new risk analysis based on updated financial information from the borrower.
  5. Assist the Commercial Credit Manager with maintaining proper tracking of each loan including: Annually validating each loan is within compliance with all loan covenants  All necessary paperwork has been submitted in a timely manner
  6. Order commercial real estate appraisals and environmental reports when necessary on certain commercial files. 

Qualification/Skill Requirements

Bachelor’s degree: preferred in business or accounting. A minimum of two – five years of experience working with financial statements. Commercial Loan experience. Knowledge of business and personal financial statements. Ability to use Microsoft Word and Excel extensively. Strong organizational skills required. Strong oral communication. Knowledge of fisCAL, or comparable, commercial loan analysis software a plus.

Please submit resume, letter of interest and salary requirements to: hrjobs@freedom.coop.

 

Mortgage Loan Processor

Major Function

To assist with the various paper work in the Mortgage Loan Department. Reviews  residential loan application files to verify that application data is complete and meets established standards (including type and amount of mortgage, borrower assets, liabilities, length of employment).

Essential Duties and Responsibilities

Verifies accuracy of pertinent credit information in the loan file. Submits mortgage loan application file for underwriting approval. Processes and mails adverse action on loans denied and approval letters to applicants. Records data on status of loans, including number of new applications and loan approved, cancelled, or denied. Prepares title orders, legal and loan documents relating to mortgage loan closings in a timely and accurate manner. Orders flood insurance policies, credit reports, appraisals, title work and other documentation as necessary to support the loan application. Prepares government loans for both processing and closing.  Works with PMI companies for approval process. Assists with sale of loans to the FHLBB, including but not limited to daily pricing, contracting loan commitments, loan deliveries, and annual audits. Communicates with local attorneys and realtors regarding the status of loan files.

Qualifications/Educational Requirements 

High School Diploma or equivalent required or the equivalent combination of education and experience. Five years of experience in the mortgage loan origination field. Government loan knowledge preferred. Secondary Market guidelines knowledge preferred. Maintain knowledge of rules, policies and procedures governing all classes of loans. Working knowledge of Windows/MS Office applications (Outlook, WORD, Excel, etc.). Knowledge of specific credit union applications (Insight, COCC, etc.). Knowledge of loan operating systems (Calyx). Ability to follow oral and written directions. Good organization and communication skills.

Please submit resume, letter of interest and salary requirements to: hrjobs@freedom.coop.

  

An Equal Opportunity Employer