Consumer Non-Real Estate Loan Processor

About the position

The position involves processing non-real estate loans such as unsecured loans, titled collateral loans, and CD/Savings secured loans for customers and branch lenders. The role requires accurate and timely correspondence with branch lenders regarding loans in process and providing guidance on loan processes and procedures.

Responsibilities

• Provide administrative assistance to lenders for loan application processing.
• Verify correct documentation is provided to process loans.
• Prepare loan files and all loan documentation as needed for branch lenders.
• Ensure loan documentation is complete and accurate according to policy.
• Mail daily credit score disclosures and insurance disclosures for all new loan applications.
• Mail all declination letters that are produced daily.
• Upload loans from application system to loan documentation system to core system.
• Verify accuracy of loan documentation and ensure that loan files contain documents with proper signatures, dates and other relevant data to comply with bank policy.
• Keep track and follow up on loans with lenders for missing or incomplete information.
• Process employee loans while keeping all information confidential.
• Send completed boarding data to loan tellers after loan is uploaded and disbursed on core system.
• Provide assistance and insight for changing processes within department.
• Be proficient in using all loan systems.
• Turn file over to loan checkers once completed.
• Spend 12 hours minimum a year with lenders on the front side to learn and keep updated on the origination side of consumer non-real estate lending.
• Understand all regulatory guidelines associated with non-real estate lending.
• Support all BSA/AML responsibilities as applicable to the position.

Requirements

• Must have good multi-tasking and organizational skills.
• Associate's degree (AA) or equivalent from two-year college or technical school; or six months to one year lending experience and/or training; or equivalent combination of education and experience.
• A good understanding of financial institution products and services.