Loan Processing Specialist
About The Position
This is an exciting opportunity to join a growing financial institution where you'll gain hands-on experience with automotive loan processing while developing expertise in consumer lending, compliance, and loan operations. As a Loan Processing Specialist, you'll play a critical role in the loan funding process by reviewing documentation, ensuring accuracy, and helping borrowers secure financing for their vehicle purchases. This position offers valuable exposure to automotive lending, credit union operations, dealer relationships, and lending compliance, making it an excellent foundation for future advancement in the financial industry. Whether your goal is to continue developing within loan operations, move into underwriting, lending, or broader banking roles, this position provides the experience and industry knowledge to support your career growth.
Requirements
- Experience in data entry, administrative support, processing, or operational roles requiring strong attention to detail.
- Proficiency with Microsoft Office Suite, including Outlook, Excel, and Word.
- Banking, lending, financial services, credit union, or related industry experience.
- Exceptional accuracy and ability to identify inconsistencies within documentation.
- Strong written communication and customer service skills.
- Ability to prioritize multiple tasks and meet deadlines in a high-volume environment.
Nice To Haves
- Previous automotive loan processing experience.
- Consumer loan processing or funding experience.
- Banking, lending operations, or credit union experience.
- Customer service experience within financial services environments.
- Knowledge of loan documentation, funding requirements, compliance standards, and lending procedures.
Responsibilities
- Manage and review a pipeline of 10-20 consumer loan files while maintaining exceptional accuracy and efficiency.
- Analyze loan documentation and validate information across multiple systems to ensure completeness and consistency.
- Verify borrower, dealer, vehicle, and funding information prior to loan disbursement.
- Identify missing documentation or discrepancies and coordinate with dealerships, credit unions, and internal partners to obtain required information.
- Resolve documentation, compliance, and funding issues to support timely loan approvals and funding.
- Build professional relationships with dealers and financial institution partners to facilitate a seamless lending experience.
- Communicate by email and occasional phone calls to clarify loan details and resolve outstanding conditions.
- Maintain detailed records while ensuring adherence to regulatory requirements, company policies, and lending guidelines.
Benefits
- Medical, dental & vision
- Critical Illness, Accident, and Hospital
- 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
- Life Insurance (Voluntary Life & AD&D for the employee and dependents)
- Short and long-term disability
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time Off/Leave (PTO, Vacation or Sick Leave)
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
