CONSUMER LOAN PROCESSOR
About The Position
Consumer Loan Processor is responsible for ensuring the accurate and timely funding and disbursement of consumer loans (auto, personal, unsecured, secured, etc.). This role verifies loan documentation for completeness and compliance, coordinates with branches, dealers, or members, and ensures that funds are released in accordance with internal policies, regulatory requirements, and service-level standards. The position requires attention to detail, strong knowledge of lending procedures, and excellent communication to support both internal teams and external partners.
Requirements
- 1 year of Lending or Financial Institution experience
- Ability to multitask and operate in a fast-paced environment
- Exercise proper time management
- Demonstrates strong customer service skills in both internal and external communications.
Responsibilities
- Conduct quality control review of all loans prior to funding.
- Ensure all lien, insurance, collateral purchase information, and funding instructions are received and complete from loan officers prior to funding.
- Provide detailed instructions to branches or dealerships for loan funding to ensure the correct documentation is received and signed for.
- Provides operational support for post-funding activities that include audit requests, due date changes, trailing loan items, and addition or removal of ancillary loan products
- Apply appropriate procedures and reporting requirements of the Bank Secrecy Act.
Benefits
- Medical, dental, and vision plans, where we cover 90% of employee costs and about 75% of the costs for their dependents
- Health Savings Account contributions
- Supplemental insurance and life insurance plans
- Paid time off, including vacation and sick time, 12 annual paid holidays, 2 floating holidays, 1 floating wellness day and sabbatical leave after every seven years of employment
- Paid time to volunteer and make a contribution to the community
- Employee product and service discounts
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
101-250 employees
