Consumer Lending Branch Auditor reviews the consumer loan materials and data to ensure accuracy and compliance with company guidelines and policies as well as state and/or federal statutes within one branch. Makes recommendation to improve procedures and other improper documentations accordingly. Being a Consumer Lending Branch Auditor may require a bachelor's degree in area of specialty or in a related area. Typically reports to a manager or head of a unit/department. To be a Consumer Lending Branch Auditor typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)
Responsibilities:
- Review loan applications and determine eligibility based on established criteria
- Collect and verify financial information and documentation from applicants
- Analyze applicant's creditworthiness and financial situation to assess risk
- Prepare loan documents, including contracts and disclosures, in compliance with applicable regulations (e.g., TILA)
- Coordinate with loan officers, underwriters, and other team members to ensure timely processing of loans
- Provide exceptional customer service by addressing inquiries and resolving issues related to loan applications
- Maintain accurate and up-to-date records of loan transactions
Qualifications:
- Previous experience in loan origination or related financial services field preferred
- Strong mathematical skills, including proficiency in basic math calculations and 10-key typing
- Knowledge of loan processing procedures and regulations
- Familiarity with contract preparation and review
- Excellent attention to detail and accuracy in data entry and document preparation
- Strong communication skills, both written and verbal
- Ability to work independently and as part of a team in a fast-paced environment
- Proficiency in using computer software applications, including loan management systems and Microsoft Office Suite
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required for this position. Duties, responsibilities, and activities may change or be assigned at any time with or without notice.
Job Type: Full-time
Pay: $13.50 - $15.00 per hour
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person