Loan Processor

Centric Federal Credit Union • West Monroe, LA

4h • Onsite

About The Position

To prepare loan documents, collect compliant documentation, perfect collateral liens, and disburse loan funds in a manner that reflects Centric’s commitment to Stewardship, Engagement, strong Relationships, Vision, and Energy. This position plays a critical role in safeguarding the credit union’s assets while delivering an accurate, timely, and positive lending experience for members.

Requirements

• One to three years of similar or related experience, preferably in a financial services environment.
• A high school education or GED required.
• Work involves interaction with individuals beyond immediate associates regarding routine matters, requiring clear communication, collaboration, and courtesy.
• Outside contacts include members and vendors, necessitating positive engagement, professionalism, and relationship-building consistent with Centric’s Core Values.
• Must have good communication skills.
• Ten key calculator, typewriter and keyboard skills.
• Maintains a dependable record of attendance and timeliness, demonstrating Energy and accountability.
• Provides friendly, professional, and personalized SERVICE, greeting members by name and fostering meaningful Relationships.
• Handles all aspects of GAP and Extended Warranty processing after loan closing, ensuring a seamless and positive member experience.
• Maintains audit exceptions from internal and CPA reviews at a minimum, reflecting strong Stewardship and compliance discipline.
• Ensures no approved loans exceed 20 days from closing date in queue, supporting efficiency and member satisfaction.
• Reviews and audits loan folders and paperwork from Loan Officers to ensure all data is accurate and complete, protecting both the member and the credit union.
• Ensures all loan data entry is completed with zero errors, upholding Centric’s high standard of quality and integrity.
• Tracks outstanding title paperwork to ensure timely perfection of collateral liens, supporting long-term asset protection and risk mitigation.
• Processes disbursements including, but not limited to, mailing payoffs, posting payoffs, and posting deposits, with precision and professionalism.

Responsibilities

• Processes and prepares loan documents for approved loans, coordinating closing dates and disbursements with a focus on Stewardship by ensuring accuracy, compliance, and protection of members’ financial futures.
• Perfects collateral liens in a timely and compliant manner, demonstrating responsible oversight and attention to detail that supports Centric’s long-term Vision and risk management objectives.
• Files loan documents with appropriate agencies, ensuring regulatory compliance and reinforcing Centric’s commitment to operational excellence.
• Performs other related duties as assigned, approaching all responsibilities with Energy, adaptability, and a member-first mindset.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED