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First Source Credit Jobs in Chicago, IL (NOW HIRING)

Aprio

Manager, Tax Credits & Incentives

Chicago, IL

$114K - $149K/yr

Strong modeling skills (advanced Excel), with the ability to build a credit calculation from source ... the first day of employment - Flexible Spending Account and Dependent Care Account - 401k with ...

Aprio

Manager, Tax Credits & Incentives

Schaumburg, IL

$109K - $142K/yr

Strong modeling skills (advanced Excel), with the ability to build a credit calculation from source ... the first day of employment - Flexible Spending Account and Dependent Care Account - 401k with ...

First Financial

Mortgage Loan Officer

Addison, IL

As a part of the First Financial Family, we will invest in your development and provide a dynamic ... Conducts interviews with prospective borrowers in order to analyze financial and credit data to ...

U.S. Navy

Boatswain's Mate

Wayne, IL · On-site

... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ... Navy source. Notes and Disclaimers This description is a general overview of typical duties ...

U.S. Navy

Boatswain's Mate

Orland Hills, IL · On-site

... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ... Navy source. Notes and Disclaimers This description is a general overview of typical duties ...

U.S. Navy

Boatswain's Mate

Itasca, IL · On-site

... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ... Navy source. Notes and Disclaimers This description is a general overview of typical duties ...

U.S. Navy

Boatswain's Mate

Highwood, IL · On-site

... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ... Navy source. Notes and Disclaimers This description is a general overview of typical duties ...

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All JobsFirst Source Credit JobsFirst Source Credit Jobs in Chicago, IL

First Source Credit information

What is a First Source Credit job?

First Source Credit jobs typically refer to positions within First Source Credit, which is commonly a credit union or financial services provider. Employees in these jobs may work in areas such as customer service, loan processing, account management, or financial advising, helping clients manage their finances, obtain loans, or open accounts. These roles often require strong communication skills, attention to detail, and a background in finance or banking. Working at a credit union like First Source Credit can offer opportunities for career growth, community involvement, and competitive benefits.

How does a role at First Source Credit typically collaborate with other departments to serve clients effectively?

At First Source Credit, professionals regularly work alongside colleagues from lending, customer service, and risk management to ensure clients receive comprehensive financial solutions. Team members participate in cross-functional meetings to discuss client needs, streamline loan processing, and resolve any issues efficiently. Collaboration is key, as it helps maintain high service standards and fosters a supportive work environment where knowledge and best practices are shared. This teamwork not only enhances client satisfaction but also creates opportunities for professional growth and learning within the organization.

What are the key skills and qualifications needed to thrive as a credit analyst at a financial institution like First Source Credit, and why are they important?

To thrive as a Credit Analyst, you need a solid understanding of financial analysis, risk assessment, and lending principles, typically supported by a degree in finance, accounting, or a related field. Familiarity with credit analysis software, financial modeling tools, and databases such as Moody's or S&P Global is often required. Strong attention to detail, analytical thinking, and effective communication skills help you make sound credit decisions and present findings to stakeholders. These skills are essential for accurately evaluating creditworthiness, minimizing risk, and supporting the organization's lending objectives.

What is the difference between First Source Credit vs Loan Officer?

AspectFirst Source CreditLoan Officer
Primary RoleProvides credit services, assesses creditworthiness, manages credit accountsEvaluates loan applications, approves or denies loans, advises clients on loan options
CredentialsTypically requires credit or financial certifications, high school diploma or equivalentOften requires financial or banking certifications, bachelor's degree preferred
Work EnvironmentBank branches, credit unions, financial institutionsBank branches, mortgage companies, lending institutions
Industry UsageCommonly employed in credit and financial servicesCommonly employed in banking, mortgage, and lending sectors

While both roles operate within the financial industry, First Source Credit focuses on credit management and assessment, whereas a Loan Officer primarily evaluates and approves loan applications. Understanding these differences helps job seekers identify the right career path in financial services.

What cities near Chicago, IL are hiring for First Source Credit jobs?

Cities near Chicago, IL with the most First Source Credit job openings:

First Source Credit jobs near you

Mortgage Loan Originator I, Valparaiso, IN

Valparaiso, IN • On-site

1st Source Bank
Commercial Banking • 1 - 5K employees

8.8

Company rating: 8.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

16th of 173 rated banks

Great coworkers

People enjoy working here

Good employer

Learn more about 1st Source Bankexternal

Full-time

Re-posted 10 days ago

Job description

POSITION SUMMARYOriginates permanent FHA / VA and conventional residential mortgage loans and participates in related business development activities in assigned region/area. Partners with banking centers to assist current clients on mortgage needs.
ESSENTIAL REQUIREMENTS
  • Solicits residential first mortgages through contacts with realtors, builders and developers.
  • Calls on potential or existing customers as assigned to develop new business or retain existing business.
  • Utilizes the mortgage product to cross sell banking relationships for the regional banking centers (i.e. checking accounts and other deposit services).
  • Provides service to customers and prospective customers seeking residential mortgage loans.
  • Interviews applicants to develop information concerning their needs, desires, and earnings to assist in determining whether the loan will be an acceptable risk; obtains and analyzes pertinent financial and credit data.
  • Negotiates terms and conditions of loan with mortgagors.
  • Makes presentations to prospective customers in the community.
  • Keeps informed of trends and developments in the local Real Estate market, as well as the changing rules and regulations pertaining to both conventional and government-insured mortgages.
  • Must have valid driver's license.
  • Regular and predictable attendance is an essential requirement of the position.
  • Completes all compliance training related to the position.
  • Understands all applicable laws and regulations that apply to the position and complies with the requirements.

NON-ESSENTIAL FUNCTIONSPerforms all other duties as assigned.
EXPERIENCE/SKILLS
  • Retail or sales experience preferred.
  • Good PC skills--proficiency in Microsoft Word and Excel essential.
  • Good calling and presentation skills.
  • Self-starter, good organization skills.
  • Ability to work well within a team.
  • Good verbal communication skills.
  • Willing to work flexible hours.

EDUCATIONBachelor's Degree preferred.
The Federal Government requires that employees with responsibility for residential mortgage lending and/or consumer Real Estate loans be registered with the Nationwide Mortgage Licensing System and Registry (NMLSR). For consideration of this position, you will be required to obtain a unique identifier, register with NMLSR, and be fingerprinted for a criminal background report. Individuals hired for this position must: A) have not been convicted of, or pleaded guilty or nolo contendere to, a felony in a domestic or military court during the preceding seven-year period or, in the case of a felony involving an act of fraud, dishonesty, a breach of trust, or money laundering, at any time; B) has demonstrated financial responsibility, character, and general fitness such as to warrant a determination that the individual loan originator will operate honestly, fairly, and efficiently.
TRAVEL REQUIREMENTSAbility to travel to off-site locations for meetings, projects, seminars, etc., as well as ability to travel overnight.
PHYSICAL DEMANDSThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.
While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.
EQUIPMENTMS Office PC, fax, phone and standard office equipment.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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