Direct Processor

MERITRUST CREDIT UNION•Wichita, KS

14h•$23 - $29•Onsite

About The Position

The Direct Lending Processor is responsible for efficiently and accurately processing direct loan applications submitted by lending team. This role ensures timely review, verification, and funding of loans while maintaining compliance with internal policies and regulatory requirements. The processor serves as a liaison between underwriting and internal departments to facilitate a smooth lending experience.

Requirements

High School Diploma
Understanding of consumer lending practices and indirect lending workflows.
Knowledge of loan documentation requirements and verification procedures.
Awareness of regulatory compliance standards (e.g., Truth in Lending, Fair Lending).
Minimum of 1-2 years of experience in loan processing, preferably in indirect lending or auto finance.
Experience in the financial services industry, most specifically in consumer lending.
Detail Orientation: Strong attention to detail and organizational skills.
Communication Skills: Excellent verbal and written communication abilities.
Adaptability: Ability to work in a fast-paced, deadline-driven environment.
LOS Skills: Proficiency in loan origination systems and Microsoft Office Suite.
Problem-solving: Proactively resolves issues with loan documentation or processing workflows, implements effective solutions.
Service Orientation: Customer service orientation and professionalism.

Responsibilities

Adhere to all lending compliance guidelines.
Suggest cross-sell of applicable Meritrust services to new members, where possible.
Maintain confidentiality in all Credit Union matters.
Present a positive, successful image of the credit union through a professional appearance and courteous attitude.
Supports the Sales Team by pre-closing, scheduling, and processing loans and deposit products.
Displays excellent member service and strong interpersonal skills by building and maintaining a positive relationship with internal and external members.
Communicate and follow up with members, gathering items necessary to close loans, perfect the lien, and/or open accounts.
Schedule closing appointments with members and branch, if applicable.
Process and maintenance ACH or funding for members.
Send funding notices to loan officers.
Verify supporting documents and process direct loans within the allotted timeframe.
Deliver quality loan documents, error free, to branch staff for in-person closings or directly to members via DocuSign.
Disburse loan proceeds according to the approval.
Assist Credit Union staff with loan processing questions.
Efficiently research, correct, and perform all necessary transactions on member accounts.
Perform other duties as assigned by supervisor.