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Open Bank · 1 day ago

Loan Processor

LA Metro Area

Full-time

Onsite

Mid Level

$26/hr - $28/hr

3+ years exp

Open Bank is a company that values innovation, diversity, and teamwork. They are seeking a Loan Processor to manage home mortgage loans, ensuring accuracy and compliance throughout the loan process while maintaining communication with various stakeholders.

BankingFinancial Services

Responsibilities

Review loan applications for completeness and accuracy

Collect, verify, and analyze borrow documentation

Order and review preliminary title report

Input all data in loan origination system

Track loan status and maintain accurate records in the loan origination system

Prepare and send out Loan Estimate and the initial disclosures ensuring compliance with regulations

Open/Request escrow documents

Communicate with borrowers, brokers, builders, appraisers, title officers, escrow officers, etc

Qualification

Loan processingBanking systemsCustomer serviceData entryCommunication skills

Required

Bachelor's degree in Business Administration or related field or equivalent experience required

Must be able to work independently without constant supervision

Working knowledge of computers, related business programs and banking systems

Use of word processing, spreadsheet software applications, core banking process systems, e-mail and on-line banking programs

Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone

Ability to respond effectively to the most sensitive inquiries or client complaints

Present a professional image in dealing with customers, interdepartmental, and external representatives

Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, core banking process systems, e-mail and on-line banking programs

[Work Location Requirement] This position requires working onsite at our Open Bank's Western Office location five (5) days a week. Candidates must be able to commute to and work from this location

Preferred

Minimum 3 years of experience in banking and/or lending preferred

Experience in retail/lending sales and customer service functions is a plus

Benefits

Medical, Dental, & Vision : Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.

Life, Accidental Death & Dismemberment, & Long-Term Disability : Open Bank pays 100% of the cost.

Flexible Spending Account (FSA) : Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.

401(k) Retirement Savings Plan : Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.

Paid Time Off (PTO) : Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.

Employee Assistance Program (EAP) : The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.

Company Paid Lunch: Open Bank provides company paid lunch twice a week.