Loan Processor

Main BranchMemphis, TN
8dOnsite

About The Position

Looking for a career in the financial industry? We are hiring immediately! Full-time with benefits! FedEx Employees Credit Association (est. 1974) is a not-for-profit federal credit union which seeks to be the first-choice provider of financial solutions to FedEx employees, retirees, and their families, enabling our members to secure their financial future and realize their dreams. FECA has a caring team of employees, deeply invested in the communities it serves. FECA offers competitive compensation and benefits (medical, dental, vision, life, AD&D, short-term disability, EAP, 401k with company match, profit-sharing, discounts on financial products and services, paid vacation and personal days, and paid time for volunteering) as well as extensive professional development opportunities including on-site educational and leadership development programs. With over half a billion dollars in assets and more than 100,000 members, FECA has branches in Memphis, TN; Los Angeles, CA; Indianapolis, IN; Pittsburgh, PA; Harrison, AR; and Fort Worth, TX. FECA’s corporate offices are in Memphis, TN. For more information, visit fecca.com. Title: Loan Processor Department: Loan Services Reports To: Loan Services Manager Schedule: Varies Location: Main Branch, Nonconnah FLSA Status: Non-Exempt Internal Pay Grade: 8

Requirements

  • Bachelor’s degree, or an equivalent higher level management work experience required.
  • At least one year financial institution experience required, with credit union experience preferred,
  • At least one year of loan processing experience required.
  • Excellent written and verbal communication and basic math skills.
  • Must be accurate, organized, attentive to details, and manage time well.
  • Strong proficiency in Microsoft Office.

Responsibilities

  • Serve our members.
  • Maintain up to date knowledge on loan processing of consumer, real estate and business lending products including industry, and regulatory updates and trends.
  • Perform processing functions including document preparation, delivery through electronic signature, loan disbursement, and payroll deduction setup.
  • Prepare all federally regulated disclosures on home equity loans according to regulations.
  • Perform other aspects of loan processing including processing payoffs, scanning, and GL postings.
  • Review loan documents post-close for efficacy and maintain low loan errors.
  • Maintain a positive work atmosphere by acting and communicating in a manner that shows confidence, confidentiality and professionalism with members, vendors, coworkers and management.
  • Must maintain strictly confidential information pertaining to the Credit Association, member, and employee business.
  • Maintains regulatory compliance including the Bank Secrecy Act.
  • Ensures self and all direct reports follow the CARE and QA Service Standards and maintain excellent understanding of FECA products and services.
  • Participates in ongoing training for professional and personal development.
  • Maintains a positive, professional attitude and works well with a team.
  • All other duties and responsibilities as assigned.

Benefits

  • medical
  • dental
  • vision
  • life
  • AD&D
  • short-term disability
  • EAP
  • 401k with company match
  • profit-sharing
  • discounts on financial products and services
  • paid vacation and personal days
  • paid time for volunteering
  • extensive professional development opportunities including on-site educational and leadership development programs
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