7 17 Credit Union · 1 day ago
CENTRAL LOAN PROCESSOR
Warren, OH 44483
Full-time
Onsite
New Grad, Entry Level
0+ years exp7 17 Credit Union is seeking a detail-oriented Central Loan Processor to support our lending operations and deliver an excellent member experience. In this position, you will communicate loan decisions, gather required documentation, prepare loan closing packages, and ensure proper and timely disbursal of loan funds.
BankingCreditFinancial ServicesLending
Responsibilities
Contact members to communicate loan decisions and explain next steps
Collect additional information required by Underwriters or needed for loan closing
Assist employees with questions related to lending, closing requirements, and title processing
Input, verify, and update credit application information accurately
Prepare and send loan closing documents via remote signature platforms
Disburse loan funds and complete all required post-closing checklists
Communicate with third parties (sellers, dealerships, financial institutions) to obtain documents for loan closings
Review online loan applications for completeness prior to issuing final loan decisions
Create, review, and audit loan documents to ensure accuracy and compliance with stipulations and underwriting conditions
Respond promptly and professionally to member inquiries
Contact members regarding balloon loan refinancing and Visa accounts over their credit limits
Audit debt protection forms and system programming for accuracy; submit needed corrections
Research out-of-state title requirements to ensure proper lien placement and complete closing documentation
Assist with post-closing corrections, including tax adjustments, payoff discrepancies, and title updates
Use required software applications and post financial transactions accurately
Meet departmental, individual, and sales-related goals
Follow Federal and State regulations, Board policies, and credit union procedures
Support loan account setup and maintenance processes, including helpdesk tasks, lending reports, indirect loan funding, GL balancing, draft account balancing, and loan modifications
Provide backup support to other loan production staff as needed
Maintain strict confidentiality of all member and credit union information
Qualification
Required
High school diploma or equivalent required
Minimum 6 months of consumer lending experience within the past 3 years in: Loan application intake, Loan processing, Loan closing, Underwriting, Loan servicing
Experience must be part of regular daily job responsibilities
Acceptable score on an Excel assessment
Strong accuracy and thoroughness in transaction processing
Must obtain State Notary Commission within 90 days of hire
Strong customer service mindset and team-player attitude
Professional judgment, appearance, and communication skills
Excellent attention to detail, resourcefulness, and problem-solving ability
Strong time management, decision-making, and organizational skills
Company
7 17 Credit Union
7 17 Credit Union is a progressive financial institution offering credit union membership, provides banking services to 86,000 Members.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
John Demmler
President / CEO
Shelly Pawcio, CPA
Chief Financial Officer
Recent News
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