Palmerstown Credit Union

Senior Loans Officer - Credit Team

Position:                             Senior Loans Officer – Credit Team
Contract:                            Permanent Full Time
Reporting To:                    Assistant Manager
Location:                            48 Manor Road, Palmerstown Dublin 20
Renumeration:                  Competitive salary , based on experience
                                             - Defined Contribution Occupational Pension scheme


Palmerstown Credit Union, a dynamic and strong financial service provider in West Dublin, is seeking an experienced underwriter/loan officer to complement our existing loans team. The person will have a lending authority for all loan approvals and have overall responsibility for loans in excess of the standard loan officer threshold. The role will involve some member facing duties.


Role Description:

The Senior Loans Officer will have a variety of duties within the Credit Team.  They will be required to provide support to members of the team, both administrative and technical.  Such duties to include:

Assess credit applications including personal, business, and potentially mortgage applications’

  • Review borrower’s ability to repay
  • Assembling the paperwork associated with the application
  • Review credit reports
  • Analyse applicant’s financial circumstances
  • Conduct stress tests as required
  • Deal with administration of the legal process required if we issue mortgages

  • Approving loan applications within approval authorities / policy
  • Contacting members relating to ongoing applications / decision outcomes
  • Reviewing applications to extend / reschedule agreements
  • Preparing and presenting complex loan applications to the Manager / Credit Committee
  • Processing loan applications on the computer systems to reflect ongoing requests and Loans Officers / Committees’ decisions.
  • Making appropriate decisions and taking appropriate actions to support the smooth running of the Credit Team
  • Contributing to the credit policy as part of the team discussions
  • Prepare reports to the Credit Committee.
  • Any other related duties, which may be requested by the CEO or by the Board of Directors via the Senior Management Team from time to time.
  • Adherence to guidelines and policies of the PCU
  • Administrative duties associated with the work of the team.
  • Identify any training needs either within the team or throughout the organisation
  • To prioritise all tasks required to be completed according to their urgency
  • Making suggestions for improvements in controls on the work
  • Working collectively with peers and team members
  • Assisting with performance management of other team members

Person Specification

The successful candidate will be a highly motivated individual, with the following:
  • Strong ability to organise effectively, solve problems quickly and communicate clearly;
  • Proven track record of innovation & creativity in their roles.
  • Excellent communication and interpersonal skills
  • Excellent analytical & decision-making skills
  • Ability and confidence to communicate effectively both orally and in writing
  • Ability to work under own initiative with minimal direction
  • Provide mentoring & coaching to peers and new staff.
  • Ability to work to deadlines and targets, can prioritise tasks under pressure
  • Willingness to be flexible and take on new tasks and projects
  • Achieve and maintain qualifications under the Minimum Competency Code (MCC) as set out by the Central Bank of Ireland
  • Partake in the fitness & probity requirements for credit union officers as set out by the Central Bank of Ireland
  • Good information technology skills


  • Must satisfy Minimum Competency Qualification in line with the requirements of the Central Bank of Irelands Minimum Competency Code
  • Comprehensive knowledge with 3 years’ relevant lending experience
  • Mortgage experience is an advantage. 

Other Qualifications

A relevant third level or professional qualification an advantage
Please apply with a cover letter and full CV via email to
by 28th February 2020, with the reference in the subject line of “ Senior Lending Officer”
Expected interviews week commencing the 1st March 2020.

Palmerstown Credit Union is an equal opportunities employer, canvassing will disqualify. If you would like a copy of our Recruitment Privacy Statement, please request same from the recruiter.