What are the responsibilities and job description for the Loan Processor position at Luminate Bank?
At Luminate Bank, we believe our customer experience is what defines our business. Our mission is to unlock people’s full potential through finances and provide them with clarity through every step of the loan process. We make lending approachable. By bringing transparency and consistency to every part of the financial world, we strive to guide people to decisions that are in their best interest. We have a culture second to none, promote teamwork and growth from within and are continuously striving to take care of both our valued borrowers & our exemplary employees. Come see what we are about!
Position Overview:
As a member of the Luminate Bank team, this position is responsible for the orderly processing and maintenance of consumer loans according to established procedures.
Responsibilities and Duties:
- Prepare and process loan documents, Commercial and/or Consumer.
- Prepares loan files and follows up with any missing documentation items, filings, etc.
- Book and process and consumer loans, including processing payments, draw requests, collateral perfection, and provide ongoing servicing and maintenance of the consumer loan portfolio.
- Ensure all loan files and any supporting documents are imaged in a timely manner.
- Work with lender(s) to track and resolve any issues with financial reporting and other loan requirements (ticklers).
- Assist customers with resolution of loan account problems and issues.
- Comply with all regulatory requirements.
- Complete Training as assigned.
- Additional duties as assigned.
Qualifications and Skills:
- Knowledge of LaserPro strongly preferred.
- Knowledge of Jack Henry core systems strongly preferred.
- Outstanding organizational and leadership skills.
- Effective oral and written communication skills.
- Knowledge of Microsoft office programs.
Education:
Bachelor's degree (B. A.) from four-year College or university; or one to two years related experience and/or training; or equivalent combination of education and experience.
Benefits:
- Competitive compensation reliant on ability and experience
- Excellent benefits package including health, dental & vision
- Life and AD&D Insurance, as well as additional voluntary benefit possibilities
- 401K with company match
- Flexible PTO program second to none
- The opportunity to work for the Midwest’s fastest growing lender
We are an equal opportunity employer and value diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Location:
We are looking to fill one position out of our Minnetonka location. The position is eligible for a hybrid work schedule.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Parental leave
- Retirement plan
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
- No weekends
Experience:
- LaserPro: 1 year (Preferred)
- loan processing: 1 year (Preferred)
- Jack Henry: 1 year (Preferred)
Work Location: In person