Consumer Lending Specialist jobs in the United States

Description

CIVIC CULTURE

Our organizations believe we can all do well by doing good. We value the contributions of diverse minds and prioritize the success and well-being of our employees. We also believe every person in our organization plays a role in supporting a healthy environment and helping to achieve our goal of prosperity for all. To this end, we recruit bright, energetic, and talented people to be members of our team. In return, we offer a dynamic workplace that presents opportunities for professional advancement and individual growth. We strive to always display integrity, self-awareness, courage, and respect for one another while continuing to seek opportunities to learn. We really believe that when our employees succeed, our community wins. 

 About the Position

The Loan Operations Specialist is responsible for the  daily servicing and production of the Consumer loan operations. A successful  individual in this role will be forward-thinking, assisting with department  projects as assigned by the operations manager and ensuring the financial  institution’s Consumer loan closing and servicing policies/procedures are  being adhered to on each request. In addition, one must contribute to the ongoing  development of processes and procedures as well as have knowledge of each functional  area including validating reporting, billing, tracking of insurances/taxes,  collateral management and paid-in-full loan record keeping. 

Normal Day-to-Day Work

1. Provide daily support of all aspects of servicing Consumer  Loan products.
2. Perform loan account maintenance, servicing, balancing,  and reporting processes including proficiency in GL reconciliation and  transactions.
3. Complete payment processing, data entry,  collateral & financial ticklers, and file maintenance.
4. Understand and code loans to report loans  accurately in Call Report as well as other Credit Union reporting formats.
5. Assist the Sr. Loan Operations Specialist [AP1] in monitoring, reviewing, and validating periodic loan  reports and system output and resolves/escalates issues as appropriate. Assist in providing reconciliation and identification  of pattern activities or anomalies in reports and notifies management.
6. Assist and support the Credit Union’s loan related  systems to ensure they are compliant with current loan policies and  guidelines.
7. Assist in identifying risks and opportunities for  improvement with recommendations to improve processes. 
8. Assist in perfecting Credit Union lien for all real  estate and non-real estate loans. Organize loan files and complete checklist  for any suspense items.
9. Handle issues and possess up-to-date knowledge of  specific financial products and regulations. Work with others as necessary to  research, analyze, and recommend resolutions. 
10. Assist in ensuring system upgrades are installed and tested thoroughly in a timely fashion.
11. Ensure compliance with all applicable laws and regulations concerning lending by working with Legal and Compliance, attending internal and external training classes and vendor workshops.

Job Qualifications

Here are a few skills you MUST have to be considered for this position.

1. Minimum  1 – 3 years of Consumer loan operations experience in all aspects of servicing  and loan documentation preparation for consumer non-real estate and real estate.
2. Strong  interpersonal skills with ability to work in a team environment and mentor  others. 
3. Ability to function in a business office environment and utilize standard office equipment, technology and software including but not limited to: PC/laptop, MS Windows, etc.
4. Ability to lift a minimum of 25 lbs. (file boxes, computer printer).

Here are a few qualifications we’d LIKE you to have to make you more suited for this position.

1. Experience with collateral perfection and  servicing, regulations, and compliance.
2. Experience with virtual/online banking  environments for business members services.
3. Technical  experience with input to loan documentation and core Credit Union systems.

Contact Us 

If you have questions about this position description, please feel welcome to ask.  You can reach our HR at:

LGFCU Human Resources 

3600 Wake Forest Road

Raleigh, NC 27609 

careers@lgfcu.org