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Job · Apple Valley, MN · Full time

Consumer Lending Coordinator

Wings Financial Credit Union · $476.1M budget · 669 staff · Since 1938

Why Wings Financial Credit Union

FY2024 · Form 990Its mission and biggest programs, as filed

Offers financial products and services to its members.

  • As a state-chartered Credit Union, we provide a variety of lending services to our membership. Wings Financial Credit Union had 163,720 loans outstanding with balances of $6,805,223,888 as of 12/31/24.
  • As a state-chartered Credit Union, we provide a variety of depository services to our membership. Wings Financial Credit Union had 790,947 member accounts with balances of $7,018,623,729 as of 12/31/24.

Before you apply

FY2024 · Form 990Independent: from IRS data, not the org
Pays its leaders
$362K–$7.5M
12 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$470.1M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
669
employees
8 volunteers
Fine: from the org's Form 990.
Pt I · Ln 5–6
Surplus or deficit
+1%
of revenue, FY2024
Looks good: revenue was at least expenses in the latest filing.
Pt I · Ln 19
Cash reserves
22 mo
of spending, in cash and securities
Looks good: 22.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(14)
tax-exempt since 1944
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.

About the role

The org's own posting, as written

The Consumer Lending Coordinator (CLC) position is responsible for accurate and timely processing of all consumer loan files for Personal and Home Equity Lines of Credit to include evaluating member supplied information and all support documentation.

Essential Functions

Consumer Loan Processing: Review all support documentation including but not limited to proof of name change documentation, flood certificates, consumer real estate vesting documentation, and proof of collections paid documents to decide if we have everything we need to proceed with processing the loan. Accurate preparation of all loan documents, including all necessary real estate documents to ensure our lien position. Ensure that all Underwriting conditions are met prior to loan closing.

Ensuring that we are meeting all legal and compliance requirements for each loan file depending on collateral type to include HMDA or MLA requirements, along with other mandated compliance regulations and if not, take appropriate action to be in compliance. Reinforce product sales, identify product and cross-sell opportunities, ensure accuracy of all documents, and provide exceptional member service. Perform notary acts in-person, e-notary, and remote online notary for loan closing documents. Bank Secrecy Act: Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Minimum Formal Qualifications for this Position: High School Diploma/G.E.D. or equivalent. required 3+ years' customer service experience, required, to include: 2+ years' financial services experience, required 1+ years' consumer lending or mortgage experience, required 2+ years' consumer loan processing experience, preferred Technical or Specialized Knowledge/Skills: Knowledge in Consumer Real Estate processing procedures. Expert knowledge of lending regulations.

Ability to analyze member provided documentation relevant to the loan being considered such as collection account information, title commitments, and appraisals (and other CRE related documentation) and recognizing potential red flags/fraud. Extremely organized, detail oriented, and able to multi-task. Initiative to meet and/or exceed job standards and willingness to take on other duties as assigned. Display positive, professional disposition/behavior. Ability to problem solve. Excellent communication and interpersonal skills. Analytical and mathematical skills. Proficient with Microsoft Word and Excel. Current Minnesota notary or willingness to become Minnesota.

Certifications Required: Registered with Minnesota Secretary of State as notary within 30 Days preferred PAY RANGE: $24 to $28 (S12) per hour, plus monthly incentives and 3% annual target bonus. Final compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, location and internal pay equity.

BENEFITS

Generous 401(k) match 401k Discretionary Profit…

Read the full posting

About Wings Financial Credit Union

From its Form 990