96 applicants

Company

BECU · 6 hours ago

Consumer Loan Processor

Remote, WA

Full-time

Remote

Entry Level

$20.20/hr - $35.96/hr

1+ years exp

Maximize your interview chances

Banking

Insider Connection @BECU

Discover valuable connections within the company who might provide insights and potential referrals.
Get 3x more responses when you reach out via email instead of LinkedIn.

Responsibilities

Champion Loan Processing: Ensure all loan applications are complete, properly scored in the Loan Origination System, and accurate from start to finish, aligning with regulatory and policy requirements.

Collaborate to Clear Conditions: Work closely with members, branch staff, and underwriters to fulfill underwriting conditions and secure final loan approvals.

Navigate Complex Documentation: Analyze and process income verification documents, insurance binders, purchase orders, and other critical paperwork to determine credit and collateral acceptability.

Streamline Loan Closings: Prepare loan documents for member signatures, oversee funding and disbursement, and coordinate final terms with dealers or title companies.

Ensure Compliance: Maintain up-to-date knowledge of BECU loan policies, pricing structures, and consumer lending regulations, ensuring every loan meets required standards.

Deliver Member-Centric Service: Provide prompt, professional, and courteous support to members, resolving inquiries and concerns efficiently to enhance their experience.

Master Multiple Channels: Manage multiple loan queues, email inboxes, and tasks simultaneously, maintaining service levels and meeting deadlines.

Support Post-Closing Reviews: Conduct thorough reviews of closed loans to confirm all documents and conditions are accurate and complete.

Collaborate with External Partners: Engage with external vendors to ensure collateral conditions are met and transactions are finalized effectively.

Promote Product Knowledge: Guide members in exploring loan alternatives and solutions tailored to their needs.

Contribute Beyond the Role: Cultivate a general knowledge of all Credit Union departments, fostering collaboration to support organizational goals.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Consumer LendingRESPA regulationsHMDA regulationsFair Lending regulationsECOA regulationsPC skillsMath skillsAccounting skills

Required

Associate degree in Business, or equivalent work or educational experience required.

Minimum one year experience in Consumer Lending required.

Preferred

Bachelor’s degree preferred.

Excellent verbal and written skills to effectively communicate and provide customer service.

Excellent organizational skills, with the ability to handle multiple tasks by prioritizing job responsibilities.

Thorough knowledge of all RESPA, HMDA, Fair Lending, and ECOA rules and regulations.

Proficient PC skills, with the ability to learn new software.

Proficient math and basic accounting skills.

Full-time hours required, with additional hours as necessary.

Benefits

Medical, dental, vision and life insurance coverage

Disability and AD&D insurance

Health care and dependent care flexible spending accounts

Health savings accounts

401k plan

Employer-funded retirement plan

Paid time off (PTO)

Ten paid holidays

Company

BECU

Glassdoor

3.7

As a member-owned, not-for-profit financial cooperative, BECU is guided by the credit union philosophy of “people helping people.” In fact, putting people over profit guides our everyday business decisions.

Founded in 1935

Tukwila, Washington, USA

1,001-5,000 employees