Centralized Loan Processor jobs in United States
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First Commerce Credit Union · 2 days ago

Centralized Loan Processor

First Commerce Credit Union is a member-owned credit union focused on integrity, innovation, and service excellence. The Centralized Loan Processor is responsible for processing applications for indirect loans and consumer loans, ensuring accuracy and compliance in documentation while meeting tight deadlines.

BankingFinancial ServicesNon Profit

Responsibilities

Review application packages received from indirect auto loan dealers for proper documentation, calculations, regulatory requirements (CIP) and approval conditions
Inform dealers of held offerings for missing documents or information needed to proceed with the loan submissions. Adhere to all deadlines related to processing timelines for approval of the loan submission or return non-approved submissions to the dealers
Review consumer loan applications submission packages, checking for errors and/or missing documents, and related compliance requirements
Meet stringent requirements for acceptable timeframes for loan closings
Perform final review of loan documents to check for errors and any compliance issues prior to funding the loan and forwarding it to vendors or lenders
Assist the Title Processors with the tracking and follow-up of automobile title issues with Indirect Dealers
Act as a resource for credit union Team Members regarding indirect, consumer and Commerce Connect Loans by answering questions related to auto lending policies and procedures

Qualification

Consumer loan processingRegulatory complianceAttention to detailMicrosoft WordMicrosoft ExcelAnalytical skillsGeneral math calculationsOrganizational skillsInterpersonal skillsCommunication skills

Required

Must exhibit strong attention to detail to enable them to process complex financial paperwork with efficiency and accuracy
Must be able to spot mistakes and missing information on documents immediately and communicate this to the loan officers
Must be able to perform under pressure, meeting on demand requests from our vendors and loan officers for loan submissions
Must have the ability to work in a high paced work environment
Excellent analytical, organizational, adaptable, and interpersonal skills required
Exceptional communication and member service skills
Must be able to express ideas clearly in written and oral communications
Organize workload and prioritize tasks to meet changing priorities and deadlines
Work effectively in collaboration with peers and team members
Skillful in general math calculations
Proficient in Microsoft Word and Excel software programs
Demonstrated ability to type, run fax, and use calculator properly
Identify issues and create resolutions quickly
Must be composed and professional under pressure
A minimum of a high school diploma is required
A minimum of 2+ years of experience in a financial institution or finance company

Preferred

Experience with consumer loan lending, audit and/or quality control is preferred; relevant, prior experience accepted
2-year degree preferred

Benefits

Health, dental, and vision insurance to keep you and your family covered
401(k) with company match to help you build your future
Generous PTO and paid holidays so you can recharge and enjoy life
Employee assistance programs for life's unexpected moments
Ongoing training and professional development to keep you sharp
Clear career advancement opportunities within a growing organization
A supportive team environment where your voice matters
$500 referral bonus

Company

First Commerce Credit Union

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First Commerce Credit Union is a non-profit organization that offers online and mobile banking services.

Funding

Current Stage
Growth Stage
Total Funding
$0.5M
Key Investors
Community Development Financial Institutions Fund
2023-04-10Grant· $0.5M

Leadership Team

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Cecilia Homison
CEO
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Company data provided by crunchbase