LOAN PROCESSOR

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.

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