Loan Processor & Servicer

Suffolk Credit Union•Town of Brookhaven, NY

1d•$25 - $27•Onsite

About The Position

Join our Consumer Lending team as a Loan Processor & Servicer and start empowering your possible! As a leader in the Credit Union industry, Suffolk Credit Union offers superior value, unique products and personal service so our members have access to the best banking solutions around. And, just as we value our members, we value our employees! The Loan Processor & Servicer reviews all consumer loan applications, which includes direct auto, personal, personal line of credit, and credit card loans for accuracy and completeness. They ensure direct and indirect loan supporting documents are correctly submitted to adjust and/or service the loan with accuracy and completeness, while adhering to policy and procedure.

Requirements

Qualified candidates will have a high school diploma or equivalency certification.
One (1) to two (2) years of consumer loan processing or general lending experience preferred.
Certifications required; registry with Nationwide Mortgage Licensing System (NMLS) or must be obtained within 6 months of employment.
Knowledge of loan application, approval, and processing procedures
Knowledge of credit union loan policies as well the following regulations: Truth in Lending, HMDA, Equal Credit Opportunity Act, Fair Credit Reporting Act, Uniform Commercial Code, HUD, RESPA, Fair Housing Act, Fair Debt Collection Practices Act as well as lending related laws and other NCUA regulations
Knowledge of credit union products, services, policies, regulations, and procedures
Demonstrated computer and software skills
Skill with independent problem-solving
Intermediate mathematical skills
Ability to communicate successfully with members and outside parties
Ability to express oneself clearly and articulately both orally and in writing
Ability to handle multiple and complex deadlines
Ability to exercise tact and responsibility with handling confidential information
Ability to work with general supervision of daily activities

Nice To Haves

Associates degree preferred.

Responsibilities

Prepares, researches, inquires, and gathers supporting information as well as documentation on approved loan applications to expedite loan processing and disbursement.
Contact Member as appropriate to obtain additional information or documents as needed.
Scan any loan documents, contracts or other appropriate documents required
Tracking, uploading, and processing required flood policies on equities to ensure proper coverage.
Process and/or create payoffs for consumer loans
Monitors, reviews, and follows up on information as it pertains to vehicles or vessels through appropriate agencies to confirm liens are properly filed.
Manage requests for Subordinations and requests for Discharge of Mortgage
Collaborates with branch staff and departments to provide proper member service.
Achieves a minimum of "Satisfactory" rating on internal audits and examinations
Accomplishes the credit union's mission by completing relevant duties as needed when requested by management or other staff members