Consumer Loan Processor

Job Summary:

The primary responsibility of the Loan Processor is to ensure the timely and accurate processing of all loans originated by the loan officers. Responsibilities include: Ensuring that all loan documents are complete, accurate, verified, and compliant with applicable regulations/laws, and company policies. Knowledge and assistance in other areas of the Consumer Processing Department will be expected. Will provide partner support to all internal departments and customer facing employees as a critical link in the loan experience.

Primary Duties and Responsibilities:

The duties listed below are some of the duties that may be assigned and may not include all responsibilities that the person in this role may be asked to perform. Loan Processor may be required to perform other related duties as assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job duties.

• Perform review of loan applications to ensure accuracy and setup of loan files in the loan processing software and to ensure the correct loan product has been selected.
• Produce loan documents, review for accuracy, and send draft documents to the respective Loan Officers for review. Once documents are approved, send closing documents to the loan officer for signatures or send for E-signatures (If applicable).
• Check the loan file for completeness and for compliance with applicable regulations/laws (Reg B, Joint Credit, MLA, Flood, TRID, HMDA, etc.)
• Complete loan checklists to ensure accuracy of the loan file and all closing documents.
• Responsible for understanding the Banks policies, procedures, products and services.
• Must provide excellent customer service skills to both internal and external partners.
• Responsible for completing departmental projects as needed.
• Will act as back up to other duties in the department as needed.

Type and Scope of Supervisory Responsibilities:

• This position has no supervisory responsibility.

Skills and Qualifications:

• Ability to perform tasks accurately and efficiently.
• Excellent computer skills.
• Strong analytical skills.
• Ability to multi-task.
• Strong oral and written communication skills.
• Detail oriented
• Understanding and knowledge of Consumer Regulations
• Must work well with others.

Work Experience Required for this job:

• At least two years of loan processing experience

Education Required for this job:

• High School Diploma or equivalent required.

Attendance Requirements:

• Daily attendance is required during normal business working hours
• In-person and/or hybrid attendance occasionally required for company, client and/or team meetings

Position Type/Expected Hours of Work:

• This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m.
• Occasional evening work may be required as job duties demand.

Travel:

• Travel is primarily local during the business day, although some out of area and overnight travel may be expected

Physical Abilities Required for this Job:

The physical demands described here are representative of those that must be met to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential functions.

• While performing the duties of this job this individual is frequently required to stand, walk, sit, talk, hear, use their hands and fingers (manual dexterity), use a telephone, and occasionally lift and /or move up to twenty-five pounds.
• Specific vision abilities required by this position include, close vision, and the ability to adjust focus.

Mental Abilities Required for this Job:

• The ability to solve problems, make decisions, interpret data, organize information, written and oral communication and read/write.

NOTE: This job description in no way states or implies that these are the only duties to be performed by the employee(s) of this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the employee(s) will possess the skills aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an at will relationship.

The company is an equal opportunity employer, drug-free workplace, and complies with ADA regulations as applicable.