Loan Processor / Consumer Lending

SUMMARY:   

Ideal candidate should demonstrate a positive attitude, willingness to work with others, ability to analyze moderately difficult problems and offer practical solutions.  Candidate must also assist in the processing of loan department activity by performing the following duties and clerical functions:

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Must be able to perform the following duties of a Consumer Loan Processor l at better than competent level.

• Must possess effective communication skills in order to work with other departments and branches effectively.

• Occasionally interviews applicant to obtain personal and financial data and fills out application for loans and credit cards.

• Prepare loan documents after verifying accuracy of all required loan figures.

• Contacts; by telephone, direct computer access, or letter; credit bureaus, employers, dealers, and personal references to check credit and personal references.

• Assists in the preparation of credit information necessary to establish credit limit, including such factors as applicant's assets, credit experience, and personal references, based on predetermined standards.

• Notifies applicants by mail, telephone, or in person of acceptance or rejection of application.

• Provides assistance in filing, inputting computer data, recording information as required, answering telephones, photocopy, faxing, typing letters, and general office routine.

• Assists departmental staff in efficiently and effectively processing the various activities involved in credit granting, and performs such additional duties as might be assigned from time to time.

• Assists in training employees in loan processing function.

• Cross sells additional loan or loan products, as necessary, during the loan closing process.

• Performs quality control functions during the closing process for both direct and indirect loans.

• Prepares reports using Microsoft Excel and Word documents for department reports.

• Processes CUNA insurance claims, IWS and GAP reporting in a timely and accurate manner.

• Be knowledgeable of loan documents.

• Perform other duties or assignments as assigned.

EDUCATION and/or EXPERIENCE:

High school diploma or general education degree (GED); or four months or more related experience and/or training; or equivalent combination of education and experience. *CFE is an Equal Opportunity Employer*