What are the responsibilities and job description for the Loan Processor position at Red Crown Credit Union?
A. Duties and Responsibilities
Inputs and updates loan data into credit union computer system; assemble and verify loan documents for accuracy.
1. Provide administrative assistance to the loan officer and staff, including updating loan data in the credit union’s computers and assembling documentation for member loans.
2. Ensure that loan files contain documents with proper signatures, dates and other relevant data.
3. Assemble and verify accuracy of loan documentation.
4. Check documents for proper vesting, legal descriptions, closing dates, and signatures.
5. Maintain new and paid consumer and member business loan files. Perform variety of clerical duties requiring knowledge of departmental procedures. Use office computers for data input and other activities, including filing GAP and debt protection claims.
6. Answer telephone inquiries and written inquiries concerning loan processing and information.
7. Cross-sell credit union products and services as appropriate.
8. Any other duties assigned by management,
B. Qualifications
High school graduate. Must be familiar with all applicable regulatory lending requirements as well as Credit Union policy and procedures dealing with loan products, approval, denial and disbursements. Excellent written and oral communication skills.