Magnifi Financial Credit Union
Location: Glenwood,MN, USA
Date: 2024-11-15T15:18:02Z
Job Description:
POSITION SUMMARYOversees branch organizational, financial, operational, service and growth plans and staff to ensure branch success and become members' primary financial institution of choice. Expands existing business relationships and develops new business. Underwrites, structures, and closes HELOC and consumer loans, as well as maintains and services an existing portfolio. Maintains direct responsibility for the day to day operations of the Senior Banking Consultant's, Banking Consultant I's and II's and ensures the branch culture is professional and focused on sales and service.ESSENTIAL DUTIES AND RESPONSIBILITIES- Responsible for all branch initiatives, results and facilities. Develops the branch business plan and supports the goals and budget. Monitors and reports all branch operating results. Supports the strategic planning process through tactical branch planning.- Ensures compliance with Magnifi Financial policies and procedures and recommends changes.- Interviews and closes loans for members applying for HELOC and consumer loans, and/or requesting refinancing or rewrites of existing loans, approving or denying loans within lending authority and recommending on loans above lending authority. Maintains sufficient knowledge to assist with other types of loan applications.- Performs and coordinates collections/negotiations on problem loans.- Selects, oversees, develops, trains and manages (directly and indirectly) the performance and compensation of branch staff. Assigns, directs and coordinates work of employees. Approves hiring decisions for the branch, and delivers performance reviews and compensation recommendations for staff. Provides input on other HR related issues. Responsible for both individual and branch results that are achieved through the successful management of staff. Maintains responsibility for adequate staffing. Coaches branch staff on the sales process.- Performs member transactions and consults with members to educate them on features and benefits of products and services. Recommends products and services based on member financial needs. Enhances member relationships through follow-up activities to include outbound calls.- Actively participates in community relations efforts to contribute to the mission and visibility of Magnifi Financial. Ensures positive relationships with community leaders and businesses. Expands existing business relationships. Develops and promotes additional business.EDUCATION AND EXPERIENCE- Bachelor's degree in a business related field and three years progressively responsible supervisory/management experience in a financial institution and three years in retail lending or deposit operations; or equivalent knowledge and skills gained through related work experience.BENEFITSWe are committed to investing in our team! Magnifi Financial offers benefits that help everyone achieve their full potential. Full-time employees are eligible for the following benefits (benefits with an asterisk are also available to eligible part-time positions):Opportunities for Training and Development *Leadership Development *Job Level Advancement (ability to move up in your position through training and development) *Tuition Reimbursement *32 Hours Volunteer Paid Time Off *Paid Time Off - starting at 4 weeks per year for FT; prorated for PT *MedicalDentalVisionEmployer paid Life Insurance/AD&DEmployer paid Disability InsuranceRetirement Plan - Employer match up to 4%, eligible for annual profit sharing *Paid Parental LeaveBonus/Incentive ProgramHealth and Wellness Programs *Who We Are:At Magnifi Financial, we offer a collaborative, friendly environment where we support our employee's growth and development, and create a positive work atmosphere. As a member-owned organization, we are focused on making dreams come true for our members. Our vision is enhancing the lives of members and community through strength, service and growth.Magnifi Financial has grown to more than 85,000 members, $2.4 billion in assets, over 400 employees, and over 25 branch locations throughout Minnesota. But what hasn't changed is our focus on the members and communities we serve.Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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