Employment Opportunities

Milford Federal Savings and Loan Association is a strong community bank with branches in Milford, MA, Whitinsville, MA and Woonsocket, RI. We provide a variety of savings and lending products with a solid commitment to our customers. Milford Federal Savings and Loan Association is an equal opportunity and affirmative action employer  F/M/D/V. We provide a comprehensive benefit package including health, dental, life insurance and 401K match.  Qualified candidates may submit resume and cover letter to hr@milfordfederal.com.  No unsolicited resumes, email or calls from search firms will be accepted.

The following positions are available:


Mortgage Loan Originator (Inside Sales)

Responsibilities:

Interview applicants for all types of loans in our Main Office. Engage in business development opportunities. Market and cross sell other banking products. This position requires expert knowledge of the origination process, secondary market guidelines, and the skills necessary to originate loans for new and existing customers.  


Outside Mortgage Originator (Metrowest, MA territory)

We seek experienced professionals with proven track records of 3+ years mortgage loan sales success to cover assigned territories. Positions require knowledge of the origination process, secondary market guidelines, and the skills necessary to develop and originate new loan business for our Bank. This position includes base salary and commission.


Loan Servicing Specialist

This is a full time position located at the Main Office in Milford, MA. Perform a variety of duties to service new and existing loans both performing and non-performing.

Responsibilities:

Call delinquent customers to work out a plan of repayment. Monitor payment plans; process incoming payments. Review periodic reports listing delinquent status of all types of loan accounts.  Prepare and send routine late payment notices and letters recommending appropriate action.  

Assist in updating lists for preparation of monthly and quarterly reports to Board.  Report payment status of all delinquent loans to investors/MGIC.  

File correspondence, letters and copies of payments. Verify or correct any delinquent accounts as requested by a credit reporting agency or credit bureau.  

Assist in the set-up of new loan files and monitoring of required insurance policies.

Knowledge/Skills/Experience Requirements:

High School Diploma required. Some college preferred. Good verbal and written communication skills. Requires excellent math and English skills. Basic knowledge of computers, especially Windows, Excel and Word. Excellent telephone skills. 1-2 years of experience in a similar position required.


Part Time Teller- Entry Level. Training will be provided.

Provide efficient, effective and courteous customer service. Perform a variety of transactions including processing deposits, withdrawals, loan payments, cashing checks, selling money order and cashier’s checks, etc. Maintain knowledge of current Bank products and services. Identity cross sales opportunities and make referrals as appropriate. Ensure accuracy and efficiency of transactions. Prove cash drawer at the end of shift. Position requires a high school diploma or equivalent. Computer, customer service, communication and organization skills. Hours vary but must be available to work Thursdays and Fridays from 12 noon to 6 pm and Saturdays 8 am to approximately 12 noon. Ability to work at any of our branches.

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