What are the responsibilities and job description for the Loan Processor position at Climb Credit Union?
Description
We are seeking a Loan Processor to join our team! The Loan Processor is essential in supporting our lending team and is critical to our success and outstanding reputation for service. This position assists our Loan Officers with the processing of the approved loans, providing clerical and administrative support needed to process and close member loans. They will obtain, prepare, and organize documents for loan files to meet product guidelines and underwriter stipulations.
Why Climb Credit Union
- As not-for-profits and member-owned financial cooperatives, credit unions are incredibly unique institutions. Earnings are returned to members in the form of better rates, lower fees and great services. Be a part of a movement that pays it forward!
- Climb Credit Union was founded in 1951. We’re a stable, successful and growing financial institution, which is why we need you.
- A suite of outstanding benefits is available to employees who work 20 or more hours a week. In addition to healthcare, dental and life insurance, 401(k), personal time off, we offer employee discounts on loans and other perks as well.
- Learn a ton with our on-the-job training programs and set yourself up for career and personal financial success.
- Climb Credit Union has been recognized as a top place to work by The Denver Post in 2024. This award recognizes our positive work environment and goal of fostering employee satisfaction, and it's truly a testament to our efforts.
Requirements
- Works closely with Loan Officers and members in support of documenting loans for underwriting and closing.
- Processes approved loans and sets up dates and times to close the loan and make disbursements.
- Opens member accounts and has member sign appropriate documents.
- Files loan documents with the appropriate agencies.
- Identifies and takes action to improve the group's operating methods and procedures.
- Provide professional, courteous, and prompt service to all members and team members through phone and email communications
- Work with prospective borrowers to establish membership with Climb Credit Union when required
- Produce and send initial loan disclosures within required time frames
- Work with members and vendors to order, gather, index, and review required loan documentation
- Prepare loan files for underwriting by interpreting product guidelines and ensuring all requirements are met
- Work with branches and outside title companies to prepare and provide loan closing documentation
- Develop, maintain, and demonstrate a working knowledge of credit union loan standards, policies, procedures, and applicable state and federal government rules and regulations.
Qualifications
- One to three years of similar experience. A demonstrated knowledge of the functions in the department.
- A high school diploma or GED.
- Strong communication skills, both oral and written.
This is a full-time, non-exempt position with a starting hourly pay of $23.00, depending on experience, education and qualifications. If you think you are the superhero to bring unforgettable experiences to our members and help grow a thriving organization, please apply. We appreciate your interest in employment and look forward to meeting you!
Salary : $23 - $25
