1 Loan processor Job in Buffalo, NY
Collabera is Hiring a Loan processor Near Buffalo, NY
Job Description
- Review account opening documentation for accuracy and completeness for automobile, boat and recreational vehicle (RV) loans
- Book these loans to Bank systems
- Fund the loans to external dealerships
- Identify errors in account opening paperwork; escalate as appropriate to ensure prompt resolution
- Ensure personal booking batches balance at the end of each day and reconcile any discrepancies to ensure accurate internal accounting
- Electronically attach incoming loan closing documentation to applicable loan application in the system of record
- Enter financial data from loan contract into system of record
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite
- Identify risk-related issues needing escalation to management
- Promote an environment that supports diversity and reflects the Bank's brand
- Maintain Bank's internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
- Complete other related duties as assigned
Company Description
Job Summary
Full Time
$43k-53k (estimate)
06/23/2024
07/09/2024
collabera.com
REDMOND, WA
3,000 - 7,500
2005
ADITI OGALE
$500M - $1B
IT Outsourcing & Consulting
Related Companies
About Collabera
We are engineering technology & talent. At Collabera, we built our business and our reputation by servicing the engineering solutions and talent development needs of our clients. That experience helped make us who we are todaypartners with the worlds most forward-thinking organizations, designing, building, operating and automating the technology that powers their businesses. Every solution we provide is delivered with speed, scale, quality, and flexibility, and powered by our AI-driven, Cloud-based technology and talent platforms. And, while weve expanded our offerings to meet the evolving ne...eds of our software engineering clients, we havent forgotten where we came fromwere still committed to building the tech workforce of the present and the future through our best-in-class training and enablement services. In other words, were driven by tech and backed by talent. Its that human-centric approach that makes us unique. And it reminds us that relationships are always the most important things we build. So, whether you need innovative technology talent solutions, or youre looking for opportunities to work with todays most tech-forward organizations, partner with usand let us help your business or your career get to the next level.
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The following is the career advancement route for Loan processor positions, which can be used as a reference in future career path planning. As a Loan processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan processor. You can explore the career advancement for a Loan processor below and select your interested title to get hiring information.
If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Processor job description and responsibilities
A loan processor reviews loan applications before sending them to the underwriter for approval.
01/11/2022: Springfield, IL
A loan processor will constantly work with computers and other electronic devices.
02/23/2022: Harlingen, TX
Loan officers evaluate, authorize, or recommend approval of loan applications.
01/09/2022: Orange, CA
Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.
01/08/2022: Memphis, TN
Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.
03/12/2022: Grand Forks, ND
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Processor jobs
Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.
03/14/2022: Burlington, VT
Analyze potential loan markets to develop prospects for future loans.
01/23/2022: Cincinnati, OH
Approve the loan within specified time limits.
03/06/2022: Helena, MT
Communicate With Current and Potential Customers.
03/07/2022: Pensacola, FL
The most common types of unsecured loan are credit cards, student loans, and personal loans.
02/27/2022: Reading, PA
Step 3: View the best colleges and universities for Loan Processor.
