Loan Processor

We are looking for a reliable professional to underwrite parameters and determine the best funding solutions for Small Business Owners. The goal is to help qualified applicants obtain funding in a timely manner and protect our organization’s credibility. Loan Processor duties and responsibilities will include analysis, appraisal and evaluation of funding applicants, as well as writing and finalizing contracts. This individual will need to be motivated to follow up with applicants to assist in finalizing the approval and funding process.

Responsibilities

• Perform initial appraisal of potential borrowers by thoroughly examining their applications
• Assess the credit standings of applicants through background research
• Interview applicants to evaluate their eligibility for funding
• Conclude on all applicable financial and non-financial criteria and develop loan repayment plans
• Follow up with clients to clarify important points
• Finalize loan contracts and keep clients informed in rules and obligations
• Remain up to speed regarding lending and other financial services
• Create and renew records
• Answer phone calls, emails and texts from applicants

Skills

• Proven working experience in a lending role
• Experience in B2B communication and relationships
• Good knowledge of banking computer software and MS Office
• Comprehension of direct/indirect lending procedures
• In-depth understanding of relevant rules and regulations
• Excellent communication and sales skills
• Balance between customer satisfaction orientation and a results driven approach
• BS degree in finance, economics, or a related field

Job Type: Full-time

Pay: $20.00 - $25.00 per hour

Expected hours: 25 – 40 per week

Benefits:

• Flexible schedule
• Health insurance
• Paid time off
• Parental leave
• Referral program

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Application Question(s):

• Are you willing to undergo a back round check for employment?
• Are you fluent in Spanish?

Education:

• High school or equivalent (Preferred)

Experience:

• Customer service: 1 year (Preferred)
• Loan processing: 1 year (Required)

Shift availability:

• Day Shift (Preferred)
• Night Shift (Preferred)

Work Location: In person