ZipRecruiter

Log In

1

Consumer Lending Advisor Jobs (NOW HIRING)

OneMain Financial

Consumer Lending Advisor

Livonia, MI · On-site

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

OneMain Financial

Consumer Lending Advisor

Chicago, IL

$18 - $22/hr

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

OneMain Financial

Consumer Lending Advisor

Bell, CA

$20 - $23/hr

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

New

OneMain Financial

Consumer Lending Advisor

Brighton, MI · On-site

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

OneMain Financial

Consumer Lending Advisor

Fullerton, CA · On-site

$19 - $22.50/hr

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

OneMain Financial

Consumer Lending Advisor

Wayne, MI

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

OneMain Financial

Consumer Lending Advisor

Newnan, GA · On-site

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

OneMain Financial

Consumer Lending Advisor

Chicago, IL

$18 - $22/hr

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members ...

next page

Showing results 1-20

All JobsConsumer Lending Advisor Jobs

Consumer Lending Advisor information

What are the key skills and qualifications needed to thrive as a Consumer Lending Advisor, and why are they important?

To thrive as a Consumer Lending Advisor, you need a solid understanding of financial products, credit analysis, and lending regulations, typically supported by a background in finance or banking. Familiarity with loan origination systems, credit scoring tools, and regulatory compliance platforms is essential. Strong interpersonal skills, attention to detail, and the ability to build trust with clients help set top performers apart. These skills are crucial to accurately assess risk, deliver excellent customer service, and ensure adherence to lending policies and legal requirements.

How much does a loan officer make on a $500,000 loan?

A consumer lending advisor or loan officer typically earns a commission or fee based on the loan amount, often around 0.5% to 1% of the loan. For a $500,000 loan, this could translate to $2,500 to $5,000 in fees or commissions, depending on the lender's compensation structure and the advisor's role in the process.

What does a lending advisor do?

A consumer lending advisor helps clients evaluate and apply for loans such as personal, auto, or mortgage loans. They assess financial information, explain loan options, and guide customers through the application process, often using financial software and adhering to lending regulations.

How to get into consumer lending?

To become a consumer lending advisor, candidates typically need a high school diploma or equivalent, with some roles preferring a bachelor's degree in finance, business, or related fields. Relevant skills include customer service, financial analysis, and knowledge of lending products; obtaining certifications such as the Mortgage Loan Originator license can also be beneficial. Gaining experience in banking or finance and understanding credit reports and loan processes are important steps toward entering this field.

Does a realtor or MLO make more money?

A mortgage loan originator (MLO) typically earns commissions based on the loans they close, which can lead to higher income potential during busy periods. Realtors earn commissions from property sales, which can vary widely based on sales volume and market conditions. Overall, MLOs often have the potential for higher earnings through multiple loan closings, especially with experience and a strong network.

What are some common challenges faced by Consumer Lending Advisors and how can they be addressed?

Consumer Lending Advisors often encounter challenges such as navigating complex regulatory requirements, handling high volumes of loan applications, and ensuring clear communication with clients who may have varying levels of financial literacy. Staying organized and up-to-date with changing lending policies is essential. Advisors can overcome these challenges by participating in ongoing training, utilizing robust loan management software, and focusing on building trust through transparent communication with customers and collaboration with underwriting and risk teams.

What is the difference between Consumer Lending Advisor vs Mortgage Loan Officer?

AspectConsumer Lending AdvisorMortgage Loan Officer
CredentialsTypically requires a high school diploma or equivalent; some roles prefer relevant certificationsRequires similar credentials; often needs state licensing and certifications
Work EnvironmentBank branches, credit unions, or online platformsMortgage broker offices, banks, or lending institutions
Employer & IndustryFinancial institutions offering consumer loansMortgage lenders, banks, and mortgage brokers
Common Search & ComparisonYesYes

The main difference is that a Consumer Lending Advisor focuses on a variety of consumer loans like personal, auto, and credit cards, while a Mortgage Loan Officer specializes in home loans. Both roles require similar credentials and work within financial institutions, but their specific loan types and client interactions differ.

What are Consumer Lending Advisors?

Consumer Lending Advisors are financial professionals who assist individuals in securing loans for personal use, such as auto loans, home mortgages, and personal lines of credit. They guide clients through the loan application process, explain different loan products, assess creditworthiness, and help clients choose the most suitable lending option based on their needs and financial situation. These advisors also ensure that clients understand the terms, interest rates, and repayment schedules associated with their loans.
What cities are hiring for Consumer Lending Advisor jobs? Cities with the most Consumer Lending Advisor job openings:
What states have the most Consumer Lending Advisor jobs? States with the most job openings for Consumer Lending Advisor jobs include:
Consumer Lending Advisor jobs near you
Consumer Lending Manager

Consumer Lending Manager

BrightStar Credit Union

Hollywood, FL • On-site

$107K - $115K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted yesterday

Job description

About BrightStar: As a member of BrightStar Credit Union, you'll join a dynamic, purpose-driven organization with a culture that focuses on its employees and members. We offer excellent benefits, advanced opportunities, and exceptional training. Founded in 1946 as a community-based credit union focusing on educators, we expanded to serve 23 counties across Florida. As a Trusted Advisor, BrightStar offers a diverse range of financial services and opportunities. BrightStar Credit Union is committed to creating a diverse and inclusive work environment where everyone has a chance to succeed and a sense of belonging. Our work environment is fun, fast-paced, and service-oriented.

What we offer:

  • Medical, Dental, and Vision
  • 401 (k) Plan with Matching
  • Tuition Reimbursement Program
  • Supplemental Benefits
  • Engagement Area
  • Wellness Studio & Gym
  • Company Paid Life Insurance
  • Health Savings Account with Company Contributions

About the Role: The Consumer Lending Manager is responsible for leading the credit union's consumer lending operations, including production, underwriting, loan processing, funding, portfolio quality, and member experience. This role oversees day‑to‑day lending activities, ensures compliance with regulatory requirements, develops staff, and supports the strategic growth of the consumer loan portfolio. Portfolio management includes Auto, Credit Cards, Personal Loans, and Small Business Lending.


Essential Functions & Job Responsibilities:

Leadership & Management

  • Supervise, coach, and develop the consumer lending team.
  • Establish clear performance expectations and KPI measures.
  • Foster growth and service culture focused on member satisfaction and target goals.


Portfolio & Risk Management:

  • Manage performance of all consumer-lending products.
  • Monitor delinquency, charge‑offs, and credit trends.
  • Manage loan audits and quality control measures.
  • Ability to create policies and procedures for compliance and operational updates.


Operational Oversight:

  • Oversee consumer lending workflows.
  • Ensure timely underwriting, closing, and funding.
  • Optimize use of LOS systems and decision engines.
  • Experience developing and implementing new programs, products, and efficient processes.
  • Vendor management of numerous third-party platforms used in the operation process, including contract review, negotiation, and implementation.


Compliance:

  • Ensure compliance with all NCUA, federal, and state regulations. Must have a sound application and knowledge of all regulatory practices about lending oversight.
  • Maintain awareness of regulatory changes, staying current with changes required and managing the implementation for safety and soundness.


Business Development & Strategy:

  • Set course and plan to meet the credit union's target strategic objectives.
  • Analyze market trends and member needs, making adjustments and recommendations to keep the program current.
  • Build relationships with members and participate in community activities.
  • Collaborate with marketing on campaigns and new program development.


Qualifications:

  • Bachelor's degree preferred or equivalent experience.
  • 10 years' consumer lending experience, with 5 years in management capacity.
  • Credit Union or financial institution experience preferred.


Knowledge, Skills & Abilities

  • Strong understanding of consumer lending products and regulations.
  • Experience with LOS platforms, product development, and operational efficiencies.
  • Leadership, analytical, and communication skills.
  • Strong presentation skills at the executive level.
  • Excellent reporting and data analysis skills and proficiency in Word/Excel documents.

Excellent written communication skills

Additional Compliance: Employees must ensure the credit union complies with the Bank Secrecy Act and anti-money laundering policies and procedures. Specific functions with B.S.C.U. will consider the awareness of unusual or suspicious activity relevant to the department.

  • In addition to any other assigned training courses, online B.S.A. and O.F.A.C. courses must be completed at least annually, as made available by the Training and Compliance Department.
  • Maintains comprehensive knowledge of the Bank Secrecy Act, Customer Identification Program, U.S.A. Patriot Act, O.F.A.C., Fair Lending, and Credit Card Act.

Physical Requirements: The physical demands described here are those an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may enable individuals with disabilities to perform essential functions. While performing the duties of this Job, the employee is regularly required to sit, use hands to finger, handle, or feel, and talk or hear. The employee is frequently required to walk and reach with hands and arms. The employee must occasionally stand, stoop, kneel, or crouch. The employee may occasionally lift and move up to 10 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.

Work Environment: The work environment characteristics described here represent those an employee encounters while performing the essential functions of this job. Reasonable accommodations may enable individuals with disabilities to perform essential functions.



BrightStar Credit Union is an Equal Opportunity Employer. BrightStar Credit Union is a Drug-Free Workplace