LOAN PROCESSOR
Job Description
Job Description
Description:
The primary function of the Loan Processor is to ensure the timely and accurate funding of all loans originated by our loan officers while also performing a variety of support duties related to the lending function within the Credit Union.
Requirements:Duties and Responsibilities :
§ Gather and prepare necessary documents to fund approved loans within set time standards.
§ Examines documents to ensure accuracy and compliance with existing underwriting guidelines and stipulations
§ Prepare and submit documents for new and existing Visa credit cards
§ Prepare and process loan payoffs and Letters of Guarantee
§ Assist members and employees with basic questions regarding lending services.
§ Prepare adverse action and subsequent action forms as needed
§ Cross-sell auxiliary loan products including, but not limited to, GAP, Extended Warranty, Credit Life, and Credit Disability insurance
§ Cross-sell credit union services
§ Assist with Member Services when needed
§ Assist in all other areas as needed
QUALIFICATIONS:
EDUCATION: High School graduate; some secondary education preferable.
OTHER: Good interpersonal skills.
Some Computer skills, (MS Word or Word Perfect, Excel, Outlook).
Organization and problem-solving skills
Time Management skills and the ability to meet deadlines
Positive attitude
CERTIFICATIONS, LICENSES, REGISTRATIONS:
Must be able to obtain Credit Insurance and NMLS licenses.
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