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Teachers Federal Credit Union · 2 days ago

Consumer Lending Processor

Hauppauge, NY

Full-time

Onsite

Entry, Mid Level

$25/hr - $30.50/hr

2+ years exp

Teachers Federal Credit Union is a leading credit union recognized for its commitment to guiding members toward building a strong financial foundation. The Consumer Lending Processor is responsible for processing loan applications, reviewing documents, and ensuring a smooth loan approval process for applicants.

BankingFinance

Responsibilities

Process loan applications received through various channels, reviewing applications to verify accuracy of information and completion and communicating loan decision to applicant

Research supporting loan application documents, verify dealer and collateral information, income verification, and any other pertinent related information

Utilize DocuSign to process remote closings on consumer loan products

Responsible for quality control of received documents to ensure proper signatures and accuracy and disburses loan funds

Process Lease Assumption applications and ensure transfer of interest documents are signed and funds disbursed accordingly, updating Loan Servicing with transferee information

Maintains credit card accounts to ensure accuracy of records and compliance with institutional guidelines and operating procedures

Review and verify various updated member information and update core lending systems accordingly

Participate in lending systems UAT programs. Test new LOS functionality and report defects uncovered

Identify cross selling opportunities and build strong member relations

Perform other duties as needed upon request from immediate supervisor