Loan Processor

Medallion Bank • Salt Lake City, UT

46d • Hybrid

About The Position

We are seeking a highly motivated and results-driven Loan Processor to join the team and be responsible for processing loan stipulations in the recreational lending program. You will assist loan officers in gathering and verifying approval stipulations such as calculating and verifying income and figuring loan advance based on program guidelines. Also includes the timely and accurate data entry of the applications and training of other loan processors as assigned. You will assist all areas in answering calls from dealers and assisting them with their needs. Performs other duties as necessary to support the goals and objectives of the department.

Requirements

• Strong written and verbal communication and interpersonal skills.
• Exceptional experience in effective application processing.
• Self-motivated and hard working. Must be able to handle multiple functions simultaneously and function in a high-pressure environment.
• Team player.
• Basic computer skills.
• Intermediate math skills for income calculation.
• Ability to successfully work in a team environment.
• Ability to make sound decisions and communicate decisions effectively.
• Keyboard and accurate typing skills with a recommended minimum of 35 wpm.
• Education: High school diploma or equivalent required

Responsibilities

• Provide timely, accurate and efficient application data entry.
• Process approved applications and complete required verifications. Including income calculation, collateral valuation, and third-party verifications.
• Work with dealers to provide professional customer service to develop and strengthen dealer relations.
• Assist in the training of loan processors to complete required verifications of stipulations by loan officers.
• Work to maintain and increase productivity within the department.
• Performs other duties as assigned.

Benefits

• Comprehensive benefits including medical, dental, vision, disability, and life insurance
• 401K with a company match
• PTO including 11 federal paid holidays off, vacation time and sick time
• Financial Wellness Program
• Volunteer Opportunities
• Awesome company culture and co-workers who love to work here!.
• Work Life Balance - We don't use that term lightly!
• Company Wide Open Door Policy

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED
• Number of Employees: 51-100 employees