LOAN PROCESSOR

Job Description

Job Description

Description :

The primary function of the Loan Processor is to ensure the timely and accurate funding of all loans originated by our loan officers while also performing a variety of support duties related to the lending function within the Credit Union.

Requirements :

Duties and Responsibilities :

§ Gather and prepare necessary documents to fund approved loans within set time standards.

§ Examines documents to ensure accuracy and compliance with existing underwriting guidelines and stipulations

§ Prepare and submit documents for new and existing Visa credit cards

§ Prepare and process loan payoffs and Letters of Guarantee

§ Assist members and employees with basic questions regarding lending services.

§ Prepare adverse action and subsequent action forms as needed

§ Cross-sell auxiliary loan products including, but not limited to, GAP, Extended Warranty, Credit Life, and Credit Disability insurance

§ Cross-sell credit union services

§ Assist with Member Services when needed

§ Assist in all other areas as needed

QUALIFICATIONS :

EDUCATION : High School graduate; some secondary education preferable.

OTHER : Good interpersonal skills.

Some Computer skills, (MS Word or Word Perfect, Excel, Outlook).

Organization and problem-solving skills

Time Management skills and the ability to meet deadlines

Positive attitude

CERTIFICATIONS, LICENSES, REGISTRATIONS :

Must be able to obtain Credit Insurance and NMLS licenses.