Join Our Team
For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America's Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work. Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.
SUMMARY: Responsible for initiating the mortgage loan application process by meeting with and interviewing members and non-members to determine the mortgage product that best meets the applicant's needs, reviewing documents presented and creating a loan file within the mortgage loan origination system. Verbally communicating mortgage offers and preparing adverse action letters to the applicants when applicable.
JOB DUTIES: Develop and maintain business relationships with centers of influences in the assigned region or state such as real estate and attorney offices.
Source new business by independently identifying potential clients that are in the market for a mortgage, and communicating the credit unions different mortgage programs, products and guidelines to these clients.
Evaluate and determine the creditworthiness of an application that is being submitted by a client for a mortgage. Manage and monitor the file from application to closing by collecting and verifying all documentation in relation to the application.
Be a key stakeholder in the entire mortgage process by working closely with the mortgage sales manager and processing team at the credit union by providing extraordinary service to both internal and external partners. Aligning his / her individual goals with the credit union's goal by meeting and exceeding productivity, quality and member service standards; providing recommendations whenever necessary to improve the mortgage process.
Partner and work closely with the mortgage sales manager by executing on specific projects to drive profitability for the credit union in the mortgage channel.
Attend networking events on behalf of the credit union and business development teams to include breakfasts, lunches to grow and improve his / her networking and prospecting opportunities.
Comply with all aspects as rules and regulations such as BSA (Bank Secrecy Act), AML (Anti-Money Laundering), OFAC (Office of Foreign Asset Control) and RESPA (Real Estate Settlement Procedures Act) as it relates to the position.
Performs other duties upon request by immediate supervisor.
QUALIFICATIONS & EDUCATION: High School Diploma Required; Bachelor's degree (B.A.) from four-year College or University preferred
1 years mortgage origination or mortgage sales experience.
Must have passed SAFE/NYS NMLS and maintain licensing and complete all related annual continuing education.
CERTIFICATION: Incumbent must comply with the SAFE act provisions and maintain active status in the NMLS Registry. NMLS certification required. Incumbent must possess a unique identifier number. Incumbent must renew registration annually between November 1 and December 31st of each calendar year. Any registration not renewed will become inactive. It is also the incumbent's responsibility to update the registry when applicable such as name change, job or employment changes.
Benefits of Joining the Teachers Team: We provide a competitive compensation and benefits package that includes, but is not limited to:
This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives
Paid time off for vacation, personal days, and holidays
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
The good faith salary for this position is $37,000.00 annually plus commission eligibility. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.
All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.
To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers
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Founded in 1952, TFCU is a not-for-profit, member-owned financial institution which exists to serve our members. TFCU provides personal financial services to more than 228,000 members and with over $4.8 billion in assets, we are one of the largest credit unions in the country. TFCU has 27 Suffolk County branch locations, with the latest in technology to provide up-to-the-minute financial assistance and security.
Membership Eligibility: All Long Islanders* can bank at TFCU
TFCU now offers financial services to all people and businesses located in Nassau and Suffolk* Counties.
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TFCU Mission Statement
TFCU is a not-for-profit, member-owned financial institution that exists to serve its members. We will provide them with exceptional value and service by hiring action-oriented people who share our passion for business and our goal of exceptional member service. We will ensure our success by improving continuously, never being satisfied with the status quo and never slowing down.
TFCU is an EOE AA M/F/Vet/Disability
Drug Free Environment.