Talent.com
Consumer Loan Processor
Consumer Loan ProcessorMass Bay Credit Union • Roxbury Crossing, MA, US
Consumer Loan Processor

Consumer Loan Processor

Mass Bay Credit Union • Roxbury Crossing, MA, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

Job Description

  • This is not a remote position

Primary Function :

Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members and potential members in the lending process. Prepares, analyzes, processes, and documents all required forms and documentation for consumer loan products. Provides member and departmental support for all aspects of consumer loan and consumer loan servicing within the Credit Union. Handles all member transactions with complete discretion and confidentiality. This is a Mid-Level position.

Essential Duties and Responsibilities :

  • Coordinates with consumer loan applicants in person, by phone and / or electronically and assists member in providing information, answering questions, and completing loan application.
  • Ensures that all members and potential members feel welcomed to the Credit Union and are supported professionally in the process.
  • Requests and reviews all required information and documentation to secure a consumer loan and researches discrepancies.
  • Interviews and originates potential consumer loan applicants for approval and / or denial.
  • Answers questions for members throughout the process. Explains the loan process to include loan options, insurance required on Credit Union loan products, loan policies, interest rates, payoffs, etc.
  • Prepares credit investigation and verification for related applications.
  • Verifies contents and completion of approved loan folders and inputs on the computer system.
  • Maintains a filling system and procedures to monitor that the required documentation is received in a timely manner and maintained appropriately and according to policies and procedures.
  • Closes approved loans; completes all necessary loan documents to close the file; and prepares payroll designation and all other related documents to bring to completion.
  • Processes daily mail payments for consumer loans, when assigned.
  • Informs members of Credit Union products and services, explaining features and benefits; cross-sells products and services when appropriate and within scope of responsibility.
  • Functions as needed to positions within the Loan Origination / Servicing Department as required.
  • Cross-trains and performs all positions within the Loan Department.
  • Responsible to maintain and control lending file folders.
  • Coordinates documentation and maintains up-to-date files.
  • Provides backup support for Lending Reception desk and related department mailings.
  • Attends training sessions upon request.
  • Adheres to the anti-money laundering policy and the Bank Secrecy laws.
  • Assumes other duties as new products, services, or technology are introduced.
  • Note : The above is a description of the ordinary and essential duties of the position. Other duties both related and unrelated to the above may be assigned and therefore required.

    Knowledge, Skills, and Experience Required :

  • Professional and pleasant interpersonal and communication skills are essential for servicing Credit Union members and projecting a positive image as representative for the Credit Union.
  • General knowledge of all Credit Union products and services as well as credit procedures (required).
  • Requires education equivalent to a four-year high school education. Proficiency with computer software applications including Word and system applications is required.
  • Two years of experience in a bank, Credit Union, or mortgage company (required).
  • Position requires the ability to read and understand oral and written instructions. Requires the ability to effectively communicate with members or employees and to solve day-to-day problems involving several variables in standard situations.
  • Intermediate mathematical skill required (adding, subtracting, multiplying, dividing, percentages, interest).
  • Disclaimer :

    The above information on this position has been designed to indicate the general nature and level of work performed by employees within its classification. It is not designated to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

    Job Posted by ApplicantPro

    Create a job alert for this search

    Consumer Loan Processor • Roxbury Crossing, MA, US

    Similar jobs
    Electronic Fire Systems Sales Representative

    Electronic Fire Systems Sales Representative

    Johnson Controls • Canton, MA, United States
    Full-time
    Build your best future with the Johnson Controls team.As a global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, place...Show more
    Last updated: 10 hours ago • Promoted • New!
    Postal Mail Processor

    Postal Mail Processor

    Postal Jobs Source • Boston, MA, US
    Full-time +1
    NO EXPERIENCE REQUIRED – PAID TRAINING PROVIDED – JOB SECURITY.The Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs nea...Show more
    Last updated: 30+ days ago • Promoted
    Postal Mail Processor

    Postal Mail Processor

    The Postal Service • Boston, MA, US
    Full-time +1
    NO EXPERIENCE REQUIRED – PAID TRAINING PROVIDED – JOB SECURITY.The Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs nea...Show more
    Last updated: 30+ days ago • Promoted
    Sales Arborist

    Sales Arborist

    Savatree • Hanover, MA, United States
    Full-time
    At SavATree, your success is our priority.Compensation : Minimum guarantee plus unlimited commission potential, with most Sales Arborists earning more than $130,000 annually.Total compensation typic...Show more
    Last updated: 17 days ago • Promoted
    Co-Founder & CEO - AI for Credit and Finance

    Co-Founder & CEO - AI for Credit and Finance

    FutureSight Inc. • Boston, MA, United States
    Full-time
    FutureSight is seeking an experienced and visionary Founding CEO to lead the launch of a new AI-native loan covenant monitoring and compliance platform for mid-market borrowers.CFOs and controllers...Show more
    Last updated: 6 days ago • Promoted
    Oracle Services - Order-to-Revenue and ERP TMT -Senior Manager

    Oracle Services - Order-to-Revenue and ERP TMT -Senior Manager

    Ernst & Young Oman • Boston, MA, United States
    Full-time
    At EY, we’re all in to shape your future with confidence.We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.Join EY and help ...Show more
    Last updated: 17 days ago • Promoted
    Postal Mail Processor

    Postal Mail Processor

    Postal Source • Boston, MA, US
    Full-time +1
    NO EXPERIENCE REQUIRED – PAID TRAINING PROVIDED – JOB SECURITY.The Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs nea...Show more
    Last updated: 30+ days ago • Promoted
    Building Enclosure Inspector

    Building Enclosure Inspector

    THOMPSON & LICHTNER CO INC THE • Canton, MA, United States
    Full-time
    Successful candidate performs specialized building enclosure services on large-scale buildings : weatherproofing tests and inspection services, along with forensic services, window, curtain wall, st...Show more
    Last updated: 17 days ago • Promoted
    Diesel Technician

    Diesel Technician

    Cox Fleet • Brockton, MA, US
    Full-time
    Hiring Mobile Diesel and Trailer Technicians.Earn up to $45 / hr, depending on experience and location.Technicians average $1,660 per week. Up to $5,000 sign-on bonus (participating markets).Up to $1,...Show more
    Last updated: 3 days ago • Promoted
    Loan Servicing Supervisor (Residential / Commercial)

    Loan Servicing Supervisor (Residential / Commercial)

    Sharon & Crescent United Credit Union • Brockton, MA, United States
    Full-time
    Residential Loan Servicing Supervisor.This is a working supervisor role-you will both supervise the team and personally perform servicing tasks to ensure accurate, compliant loan servicing from set...Show more
    Last updated: 16 days ago • Promoted
    Mortgage Loan Officer

    Mortgage Loan Officer

    TradeJobsWorkForce • 02474 Arlington, MA, US
    Full-time
    Mortgage Loan Officer Job Duties : Accomplishes mortgage loan human resource objectives by selecting, orienting,...Show more
    Last updated: 30+ days ago • Promoted
    Loaner Associate

    Loaner Associate

    Corin Group • Raynham, MA, United States
    Permanent +1
    Corin are recruiting a Loaner Associate to join the team in Raynham on a temporary to permanent basis.This role will work directly with customer service, the distribution center, and loaner program...Show more
    Last updated: 9 days ago • Promoted
    Purchasing / Customer Service Manager-ONSITE Hanover, MA

    Purchasing / Customer Service Manager-ONSITE Hanover, MA

    Michael Page • Hanover, MA, United States
    Permanent
    Lead the daily activities of both the purchasing and customer operations teams.Join a tight knit collaborative environment on the South Shore, Boston. Our client is a specialty manufacturing company...Show more
    Last updated: 3 days ago • Promoted
    Consumer Loan Processor

    Consumer Loan Processor

    Mass Bay Credit Union • Boston, MA, US
    Full-time
    This is not a remote position •.Primary Function : Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of ...Show more
    Last updated: 5 days ago • Promoted
    Loan Processor Team Lead

    Loan Processor Team Lead

    Salem Five Bank • Salem, MA, US
    Full-time
    Salem Five is a growing regional financial services organization with a rich history of over 160 years.As an independent bank, we are deeply rooted in the communities we serve and offer our employe...Show more
    Last updated: 5 days ago • Promoted
    Earn Cash From Taking Surveys Online

    Earn Cash From Taking Surveys Online

    Earn Haus • Taunton, MA, US
    Full-time +1
    Looking for people to participate in taking online surveys for Fortune 500 brands.All you need to do is complete online surveys by sharing your opinion. You will help influence brand decisions on se...Show more
    Last updated: 17 days ago • Promoted
    Senior O2C & Credit Control Leader — Cash Flow Champion

    Senior O2C & Credit Control Leader — Cash Flow Champion

    Vertex Pharmaceuticals • Boston, MA, United States
    Full-time
    A global biotechnology company is seeking a Senior Manager for their Order to Cash function to drive cash flow optimization and manage credit control. This role requires excellent stakeholder manage...Show more
    Last updated: 13 days ago • Promoted
    Actuarial Analyst, Pricing

    Actuarial Analyst, Pricing

    Humana • Boston, MA, United States
    Full-time
    Become a part of our caring community and help us put health first.The Actuarial Analyst 2, Pricing is responsible for supporting the implementation of rates, new plans and benefit changes.Provides...Show more
    Last updated: 17 days ago • Promoted