Also referred to as: Entry Consumer Loan Processor
Requirements and Responsibilities

Loan Processor I performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Loan Processor I verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Loan Processor I ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma. Typically reports to a supervisor. The Loan Processor I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.

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