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.