SHARE:

Loan Officer

June 6, 2025

OTIS FCU is hiring a Loan Officer at its Jay location.

We are seeking an experienced Loan Officer to join our growing lending team. In this role you will assist members with their consumer and real estate lending needs, analyze loan requests for direct and indirect lending, and make credit decisions based on limited lending policy and authorizations. The ideal candidate will contribute to the positive growth of the Loan Department, maintain professionalism, provide service and support for members and staff, and have a passion for helping our members achieve their financial goals.

Application Deadline: June 20, 2025.

Schedule:

Monday-Friday 8:20am-5:00pm

Benefits:

  • Medical, dental, vision, and life insurance
  • Short-term and long-term disability – 100% employer paid
  • 401(k) with employer match
  • Generous PTO and paid holidays
  • Paid volunteer time
  • Competitive pay
  • Tuition reimbursement

Essential Functions & Responsibilities:

  • Interviewing member loan applicants and reviewing online applications.
  • Conducting credit risk assessments.
  • Approving or disapproving loan requests. Forwarding requests to higher levels if needed.
  • Explaining loan programs to members, evaluating their needs, and recommending loan options including appropriate ancillary products.
  • Establishing terms and conditions of an approved loan and reviewing them with the member.
  • Keeping informed of current trends in consumer credit.
  • Performing other duties as assigned.

Knowledge & Skills Required:

  • Experience: 1-3 years similar or related experience
  • Education: High school diploma or GED
  • Interpersonal Skills: Motivating or influencing others is a material part of the job. Trustworthiness and diplomacy; ability to build sound relationships with companies and/or individuals.
  • Other Skills: Proficiency with Microsoft Word, Excel, and Outlook; effective verbal and written communication skills; ability to maintain confidentiality.

Please submit a cover letter and resume detailing your relevant experience by email to employment@otisfcu.coop; by mail to PO Box 27, Jay, ME 04239; or in person at 170 Main Street in Jay. OTIS FCU is an Equal Opportunity Employer.

Please Note: This is not a complete statement of all duties and responsibilities comprising the position.