BayCoast Bank · 1 day ago
CONSUMER LOAN PROCESSOR I
BayCoast Place, Swansea, MA, US
Full-time
Onsite
Entry Level
$40K/yr - $49K/yr
2+ years expBayCoast Bank is a financial institution located in Swansea, Massachusetts, seeking a Consumer Loan Processor I to assist in the acquisition, processing, and closing of Consumer Lending products. The role involves interacting with customers, maintaining knowledge of loan programs, and ensuring compliance with lending regulations.
BankingFinanceFinancial ServicesVenture Capital
Responsibilities
Processes, and closes Consumer loan applications (including Home Equity products). Inputs data to LOS, generates required documentation
Acquires and maintains a thorough knowledge of BayCoast Bank’s Consumer Loan programs, features and requirements
Acquires and maintains a thorough knowledge of BayCoast Bank’s Consumer Loan application, processing, underwriting, and closing process and procedures
Acquires and maintains a thorough knowledge of BayCoast Bank’s Consumer Loan Processing software systems and their impact on the business model
Acquires and maintains a thorough knowledge of BayCoast Bank’s Consumer Loan Servicing process and loan documentation requirements
Acquires and maintains a thorough knowledge of Consumer Loan compliance issues and regulations and assists in maintaining high compliance standards within the Consumer Lending area. Assists with bank audits and compliance exams from both internal and external sources. Assists with audit responses and corrective measures
Maintains adherence to industry underwriting criteria and regulatory and real estate lending regulations. Works diligently to assure proper safeguards and security for the bank’s assets
Assists in the sales efforts of the bank’s Consumer Loan products both from the Retail Branch network, online applications and other channels
Interact with customers, attorneys, appraisers and other vendors to insure a timely loan process and closing
Maintains a current registration with the Nationwide Multistate Licensing System (NMLS) if applicable
Assumes additional responsibilities as requested
Qualification
Required
2 years of Consumer Lending or relevant experience
General business knowledge and pc skills required
Ability and knowledge to work independently to achieve results with a minimum of supervision
Maintains a current registration with the Nationwide Multistate Licensing System (NMLS) if applicable
Preferred
Bilingual: Spanish/Portuguese a plus
Company
BayCoast Bank
BayCoast Bank is a bank that provides banking services, insurance, and investment services in Massachusetts and Rhode Island.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Marie Pellegrino
Senior Vice President and CFO
Jim Wallace
Executive Vice President & Chief Operating Officer
Recent News
Providence Business News
2025-11-14
Providence Business News
2025-07-16
2025-06-16
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