Consumer Loan Fulfillment Specialist

Local Government Federal Credit Union • Raleigh, NC

414d

About The Position

The Consumer Loan Fulfillment Specialist is responsible for supporting the fulfillment and booking of consumer and residential real estate loans. This role involves liaising with various business units to ensure proper documentation, compliance with policies and regulations, and resolution of consumer loan issues. The specialist will also assist in the preparation of loan closing documentation and support the review and testing of system enhancements related to the lending operating system.

Requirements

• Minimum 1 - 3 years of consumer loan servicing experience.
• Sound knowledge of consumer loan and documentation procedures, policies, regulations, including bankruptcy and consumer laws.
• Ability to function in a Consumer business office environment and utilize standard office equipment.
• Ability to lift a minimum of 25 lbs.

Nice To Haves

• Bachelor's degree in Finance, Accounting, Economics, Business or related field.
• Proficiency in consumer and real estate documents in multiple lending jurisdictions.
• Functional understanding of a loan origination system (LOS).
• Lending experience at a Credit Union/Financial Institution.

Responsibilities

• Prepares documentation and performs processing for consumer loan closing, including personal, auto, and home equity loans.
• Gathers and reviews required documentation to ensure policies and regulations are followed.
• Assists with creation and monitoring of required home equity pre/post disclosures and performs lien recordings as necessary.
• Corresponds with members to follow up on required conditions to close loans and non-funded loan requests.
• Supports the review and testing of new releases and system enhancements to the lending operating system.
• Complies with and stays abreast of all policies, guidelines, and procedures applicable to consumer loan servicing.
• Supports policy and procedures related to consumer real estate closings/transactions with key stakeholders.
• Prepares for and assists with coordinating internal/external audits pertaining to consumer credit products.

Benefits

• Opportunities for professional advancement and individual growth.
• Dynamic workplace environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree