Consumer Loan Processor 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 Consumer Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Consumer Loan Processor 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 or equivalent. Typically reports to a supervisor. The Consumer Loan Processor works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Join our Consumer Lending Team as a Loan Processor & Servicer and start empowering your possible!
As a leader in the industry, Suffolk Credit Union offers superior value, unique products and personal service so our members have access to the best banking solutions around. And, just as we value our members, we value our employees!
The Loan Processor & Servicer reviews all consumer loan applications, which includes direct auto, personal, personal line of credit, and credit card loans for accuracy and completeness. Ensures direct and indirect loan supporting documents are correctly submitted to adjust and/or service the loan with accuracy and completeness while adhering to policy and procedure.
This role has an on-site requirement.
Responsibilities:
Essential Qualifications:
Qualified candidates will have a high school diploma or equivalency certification. An Associates Degree is preferred. One (1) to two (2) years of loan processing or general lending experience required. NMLS-ID required, can be obtained after employment.
Apply today and discover a rewarding career! We offer competitive salaries, great benefits, and most importantly the opportunity to make a difference.
Suffolk Credit Union provides equal employment opportunities to all applicants and prohibits discrimination of any type on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information or any other characteristic protected by applicable federal, state or local laws.
The compensation range provided is in compliance with state specific laws. Factors that may be used to determine your actual rate of pay include your specific skills, years of experience, and other qualifications.