Loan Processor

Patterson isnt just a place to work its a partner that cares about your success.

One of the distinguishing marks of our company is the talented people who embrace the people-first always advancing and results-driven culture. Professional growth abounds in this motivating environment. We value the diverse talents and experiences our employees bring to Patterson and believe that they build a stronger and successful organization.

Job Description :

Directly responsible for the daily administration of all new contracts. Acts as the primary contact for all contracts including problem resolution with regards to loan processing.

Essential Functions

To perform this job successfully an employee must be able to perform each essential function satisfactorily with or without reasonable accommodation. To request a reasonable accommodation notify Human Resources or the manager who oversees the position.

Loan Management

Ensure compliance with Patterson policies and state / federal regulatory requirements by reviewing all new contracts for completeness and accuracy.

Ensure compliance with Patterson policies and state / federal regulatory requirements by coordinating the opening structuring and activating of all new contracts as well as validating down payments trade in credits and compliance with Patterson promotions. Responsible for activating special contracts and revised contracts.

Validate that all contracts have been initialed dated and bank account numbers redacted prior to submission to archival system. Ensure all completed contracts are uploaded into the archival system.

Email welcome letters to external customers and include ACH authorization form when needed. Ensure the welcome letter matches the signed contract and reorder if incorrect.

Communicate deficiencies in contracts to internal customers within prescribed timeframes.

Report system issues and provide supporting documentation for resolution.

Maintain and manage contracts using both system generated and manually prepared reports. Distribute reports to internal customers as needed. Utilize reports to identify issues trends adherence to department goals and training / development needs.

Provide suggestions on training opportunities and educate partners as needed.

Utilize department communications to keep up to date with Patterson procedural policies. Assist with updating department policy and procedure manuals.

Provide suggestions for improvement opportunities and assist with implementation.

Additional functions

In addition to the essential functions listed below the incumbent may perform the following additional functions.

Projects that arise from our day-to-day business such as analysis requested by marketing audit requests etc.

Performs other duties as assigned

Perform back-up duties for other Equipment Finance personnel when needed.

Required Qualifications

Associates degree in business or combination of high-school diploma and equivalent work experience in finance accounting or loan processing.

Strong Oral and written communication skills

Be able to construct and / or articulate the workings of an amortization schedule.

Must be proficient in Microsoft Office products (i.e. Word Excel Outlook)

Strong customer service skills

Attention to detail

Preferred Qualifications

Knowledge of loan origination structuring and service requirements

SAP experience

Whats In It For You

We provide competitive benefits unique incentive programs and rewards for our eligible employees :

Full Medical Dental and Vision benefits and an integrated Wellness Program.

401(k) Match Retirement Savings Plan.

Paid Time Off (PTO).

Holiday Pay & Floating Holidays.

Volunteer Time Off (VTO).

Educational Assistance Program.

Full Paid Parental and Adoption Leave.

LifeWorks (Employee Assistance Program).

Patterson Perks Program.

The potential compensation range for this role is below. The final offer amount could exceed this range based on various factors such as candidate location (geographical labor market) experience and skills.

$20.38 - $24.95

EEO Statement

Patterson provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy childbirth or other related medical conditions; status as a protected veteran or spouse / family member of a protected veteran; or disability.

Key Skills

Loan Processing,Typing,Data Entry,Customer Service,Organizational skills,Basic Math,Computer Skills,Fraud,Microsoft Outlook,10 Key Calculator,Fair Housing Regulations,Food Processing

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 20 - 24