Logo
Liberty Bank - CT

Loan Analyst

Liberty Bank - CT, Middletown, Connecticut, us, 06457

Save Job

Join to apply for the

Loan Analyst

role at

Liberty Bank - CT 1 week ago Be among the first 25 applicants Join to apply for the

Loan Analyst

role at

Liberty Bank - CT Get AI-powered advice on this job and more exclusive features. At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.

SUMMARY OF THE JOB

:

Reporting to the Home Equity Supervisor, this role will rotate through several areas of Consumer Lending developing an overall understanding of Processing, Disclosing and task-oriented solutions eventually leading to managing a pipeline of unsecured and / or secured loans, ensuring compliance with product guidelines, and working closely with customers to facilitate the loan closing process. The ideal candidate will develop a strong understanding of loan products, the ability to identify and mitigate fraud and other risks as well as a strong understanding of the overall process leading to a specific area of expertise in the Residential Lending area.

ESSENTIAL FUNCTIONS:

Review and Manage Loan Pipeline: Work with unsecured loans, including system understanding; fraud risks and mitigation tools ensuring timely processing and follow-up to meet closing deadlines. Understand Product Guidelines: Develop a thorough understanding of unsecured and secured Consumer loan product guidelines and ensure all loans comply with these standards. Customer Interaction: Work directly with customers to gather necessary documentation, answer inquiries, and provide updates on loan status. Loan Closing: Coordinate with various departments to ensure all conditions are met for loan closing and facilitate the closing process. Risk Identification: Identify potential fraud and other risks associated with unsecured loans and take appropriate actions to mitigate these risks. Compliance: Ensure all loan processing activities adhere to regulatory and company compliance standards. Documentation: Accurately document all loan processing activities and maintain organized records for audit purposes. Continuous Improvement: Stay updated on industry trends and best practices to continuously improve loan processing efficiency and effectiveness.

MINIMUM REQUIREMENTS:

Bachelor’s degree in finance, business, or a related field. Minimum of 2 years of experience in loan processing or a related role, preferably with Consumer loans. Strong analytical and problem-solving skills. Excellent communication and customer service skills. Attention to detail and high level of accuracy. Ability to work independently and as part of a team. Proficiency in loan processing software and Microsoft Office Suite. Knowledge of unsecured loan products and regulatory compliance requirements.

PHYSICAL REQUIREMENTS:

Expert level skills in MCIF systems Effective written, analytical and presentation skills General Office Equipment

COMPLIANCE:

Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.

Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information. Seniority level

Seniority level Entry level Employment type

Employment type Full-time Job function

Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Liberty Bank - CT by 2x Sign in to set job alerts for “Loan Analyst” roles.

Hartford, CT $80,000.00-$95,000.00 2 weeks ago Waterbury, CT $75,000.00-$95,000.00 2 weeks ago Credit Research Analyst - Investment Grade

Hartford, CT $144,160.00-$216,240.00 2 weeks ago East Hartford, CT $82,000.00-$164,000.00 1 week ago Associate Regulatory Financial Analyst (Electric & Gas Public Utilities) (Hybrid)

Berlin, CT $73,670.00-$81,850.00 6 hours ago West Hartford, CT $80,000.00-$115,000.00 1 week ago Regulatory Financial Analyst (Electric & Gas Public Utilities) (Hybrid)

Berlin, CT $92,280.00-$102,530.00 6 days ago West Hartford, CT $87,800.00-$118,800.00 2 weeks ago Senior Financial Analyst, Accounting and Reporting

West Hartford, CT $90,000.00-$110,000.00 1 week ago Senior Regulatory Financial Analyst (Electric & Gas Public Utilities) (Hybrid)

Berlin, CT $106,440.00-$118,270.00 1 week ago East Hartford, CT $100,000.00-$115,000.00 1 week ago Financial Services - Consulting - Guidewire - Business Analyst - Manager

Hartford, CT $141,200.00-$258,900.00 6 days ago Financial Services - Customer Tax Operations and Reporting - Tax Services Senior Analyst-EDGE

Hartford, CT $75,200.00-$124,100.00 5 days ago Financial Services - Global Compliance and Reporting - Real estate -Tax Senior Analyst-EDGE

Hartford, CT $76,000.00-$125,300.00 6 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr