Consumer Loan Processor IV

$48,360 - $68,120/Yr

TD Bank - Lexington, SC

Full-time - Entry Level

Remote - Lexington, SC

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Consumer Loan Processor IV at TD Bank is responsible for supporting the lending areas by ensuring the accuracy of complex consumer loans from conditional approval to closing. This role involves various functions related to loan origination, including application processing, customer communication, and documentation verification, all while maintaining compliance with regulatory standards.

Responsibilities

• Verifies required loan documentation for approved loan applications
• Verifies all required support materials, such as titles and floods, to ensure the files are ready for closing
• Contacts customers to collect and review additional information as necessary
• Provides support to customers, branches, and lending staff as needed
• May train new branch personnel
• Tests new systems and documentation software
• Answers phones in queue as well as personal line to assist customers
• Collects and reviews all conditions placed on loan by lender and mortgage underwriter
• May assist in training of Loan Processor I, II, and III
• May assist Loan Processing Center Manager with special projects
• Processes all specialty products
• Advises customers regarding changes in rate and term.

Requirements

• HS Diploma or GED required
• 3+ years loan documentation experience
• Demonstrated knowledge of Bank loan products and policies
• Demonstrated knowledge of lending software
• Detail-oriented with the ability to multitask
• Ability to handle heavy workload and meet stringent deadlines
• Outstanding oral and written communication skills, with ability to interact effectively with all customers, both internal and external
• Solid knowledge and understanding of states' regulations
• Proficient PC skills
• Ability to work a flexible schedule (rotation of nights and/or weekends)

Nice-to-haves

• Experience consistently carrying a loan pipeline of 50 plus

Benefits

• Base salary and variable compensation/incentive awards
• Health and well-being benefits
• Savings and retirement programs
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
• Banking benefits and discounts
• Career development opportunities
• Reward and recognition programs