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Consumer Loan Processor
Consumer Loan ProcessorDow Credit Union • Midland, MI, US
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Consumer Loan Processor

Consumer Loan Processor

Dow Credit Union • Midland, MI, US
23 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

We're seeking a detail-oriented and proactive Consumer Loan Processor to join our lending team. This role is essential in ensuring the accuracy, completeness, and timely disbursement of consumer loans, including indirect contracts and Visa accounts. You'll play a key part in maintaining quality control, streamlining document workflows, and supporting our members with exceptional service.

Would you like to join a supportive organization that invests in its employees? Do you want to build a long-term career in the people helping people industry with an established and award-winning company? If so, please read on!

This position earns a competitive minimum starting hourly pay of $20 . We provide terrific benefits , including quarterly and annual incentives, medical, dental, vision, a 401(k) plan, paid holidays, and paid time off (PTO) . If this sounds like the right opportunity for you, apply today!

DOW CREDIT UNION : OUR MISSION

In 1937, the country was still in the throes of a severe economic depression that underscored the need for a workable financial plan to enable Dow employees to save for emergencies and obtain convenient, low-cost credit. Two Dow employees heard about the credit union movement, and the rest is history. Today, we serve more than 81,000 members and have over $2.3 billion in assets. Our goal has always been to serve our members to the best of our abilities and provide them with the best value for their money. Every day, we continually strive to improve our level of service by keeping our focus on our members.

In order to do this, we have to hire and retain loyal, team-oriented employees who have genuine care and concern for our members and conduct themselves with integrity and professionalism. That's why we offer competitive pay , excellent benefits , and a positive work culture . We truly respect each other and actively encourage diversity, equity, and inclusion (DEI). We are an equal-opportunity employer.

Consumer Loan Processor

What You'll Do :

  • Disburse approved consumer loans through core systems and lending LOS after verifying loan details.
  • Perform pre-funding quality control for all indirect contracts and follow up with dealers for corrections.
  • Open new share accounts for indirect members and finalize disbursement of indirect loan proceeds.
  • Complete final quality control of funded consumer loans, ensuring documentation accuracy and completeness.
  • Validate loan data in core systems and lending LOS.
  • Manage electronic document workflows, including importing / exporting via LoansPQ and DocuSign.
  • Investigate documentation errors, maintain error logs, and ensure timely resolution.
  • Finalize verification of supporting documents (e.g., income proof, vehicle values, dealer worksheets).
  • Scan and index paper loan documents, upload to Synergy, and confirm successful storage.
  • Assist with Visa account booking and resolve member issues related to Visa.
  • Cross-sell credit union products and services.
  • Collaborate with departments such as Loan Servicing and Member Solutions.
  • Stay informed on lending-related legislation and regulations.
  • Support the credit union's mission by performing additional duties as requested.

What You Bring :

 Education : High school diploma or equivalent required.

 Experience : 1–2 years in an office environment; minimum 6 months in loan processing preferred.

 Skills :

  • Strong understanding of loan application and approval processes.
  • Excellent verbal and written communication.
  • Ability to handle confidential information with discretion.
  • Strong organizational and prioritization skills.
  • Familiarity with credit union products, services, and regulations.
  • Ability to work independently and under general supervision.
  • Why Work With Us :

  • Be part of a values-driven team focused on financial well-being and service excellence
  • Access growth opportunities and support to advance your career
  • Enjoy competitive pay, benefits, and a collaborative environment
  • Why Join Us?

    At Dow Credit Union we're committed to supporting our members and employees. We offer a collaborative work environment, opportunities for professional growth, and a mission-driven culture where your contributions make a difference.

    Ready to take the next step in your career? Apply today!

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    Loan Processor • Midland, MI, US

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