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Loan Processing Intern Jobs in Virginia (NOW HIRING)

Understand our personal loan product offerings in order to assist customers in making educated ... Regional's policy of non-discrimination applies to all phases of the employment process and ...

Understand our personal loan product offerings in order to assist customers in making educated ... Regional's policy of non-discrimination applies to all phases of the employment process and ...

Tuition and Student Loan Assistance: offering up to $5,250 per year in education assistance and up ... Assists the Pharmacist in reviewing, processing, preparing, filling, labeling and dispensing ...

Tuition and Student Loan Assistance: offering up to $5,250 per year in education assistance and up ... Assists the Pharmacist in reviewing, processing, preparing, filling, labeling and dispensing ...

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Loan Processing Intern information

What skills and qualifications are needed to be a loan processing intern?

To thrive as a Loan Processing Intern, you need a basic understanding of financial principles, attention to detail, and coursework or experience in finance, business, or a related field. Familiarity with loan origination software, Microsoft Office Suite, and document management systems is often expected. Strong organizational skills, effective communication, and the ability to work collaboratively help set candidates apart. These abilities are crucial for ensuring accurate loan documentation, supporting timely processing, and maintaining compliance in a fast-paced financial environment.

Is loan processing intern a hard job?

A loan processing intern typically performs administrative tasks such as reviewing documents, verifying information, and using loan processing software. The role can be demanding due to deadlines and attention to detail but is generally manageable with proper training and organization.

What does a loan processing intern do?

A Loan Processing Intern assists loan officers and processors with gathering, organizing, and verifying financial documents from loan applicants. Their tasks may include data entry, reviewing application forms for completeness, and communicating with clients to request missing information. They also learn about industry regulations and the steps required to process different types of loans. This role provides valuable exposure to the lending process and helps interns develop skills for a career in finance or banking.

What challenges might a loan processing intern encounter, and how can they be addressed?

Loan Processing Interns often face the challenge of managing multiple loan files simultaneously while ensuring accuracy and compliance with regulations. Staying organized and developing strong attention to detail is key to avoiding errors in documentation and meeting tight deadlines. Interns may also need to quickly learn industry-specific software and adapt to evolving processes. Seeking guidance from experienced team members and proactively communicating with loan officers can help interns overcome these challenges and build confidence in their role.
What are the most commonly searched types of Loan Processing jobs in Virginia? The most popular types of Loan Processing jobs in Virginia are:
What cities in Virginia are hiring for Loan Processing Intern jobs? Cities in Virginia with the most Loan Processing Intern job openings:

Branch Operations Intern

Republic Finance

Charlottesville, VA • On-site

$15/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 20 days ago


Republic Finance rating

7.8

Company rating: 7.8 out of 10

Based on 9 frontline employees who took The Breakroom Quiz


Job description

Overview
Are you a current Junior or Senior in college that is seeking an Internship with a Finance or Business focus? If so, then look no more! Republic Finance is seeking Interns for our Branch Operations program!
As a Branch Ops Intern you will have the opportunity to learn the daily functions and operations of a branch as well as learn about the broader organization and the various career opportunities we offer. You will interact with team members and leaders to gain real-world experience by working alongside our team to learn about many aspects of the day-to-day operations of a branch as well as the overall business including: the Republic Way sales and customer service approach, compliance training, loan closing, leadership training as well as one or more branch operations continuous improvement projects involving various other departments of the company. We will provide you with hands on experience and will expose you to the career paths we offer and familiarize you with our ongoing company initiatives. Our goal is not only to expand on the core concepts introduced throughout your college classes but to introduce you to a bright future and a long-term career path with Republic Finance! *Please note that this job is 100% onsite.
We pay our Branch Operations Interns $15.00 per hour with the goal of offering full-time employment upon successful completion of the program to start post graduation!
Republic Finance is a leading consumer lending company serving 250+ communities across the US. We are well known for our outstanding customer service, and we are looking for individuals that are career driven, customer focused, and are interested in making an impact in the communities we serve. Our core values are focused on the people element of the business, and we are hoping to find like-minded individuals to contribute to our shared success. Come be a part of a remarkable team with a growing company that values its employees and regularly promotes from within!
As a Branch Ops Intern you will have the opportunity to:
  • Become licensed and go through an accelerated version of the Assistant Branch Manager Program to learn the loan process and all necessary regulatory training.
  • Assist in daily production of loan origination, processing, closings and fundings including allocating files for doc prep; auditing closed files; prep files ready to fund.
  • Spend time with your Manager and Regional Vice President learning about responsibilities at their levels to understand the promotional path to see what your career potential is with Republic Finance.
  • Attend regional meetings and/or workshops (as available during the intern's employment) to gain exposure to the larger Branch Operations division of the company.
  • Learn about one or more Branch Operations process improvement related projects.
  • Learn about corporate roles where Branch backgrounds are often strongly desired (Audit, Compliance, Training, Recruiting, etc.). We will also provide you with an overview of our benefits during the program.

Requirements
  • Must be a Junior or Senior majoring in Business, Finance, or related field
  • Ideal candidates will be eager to learn, enthusiastic, and reliable with a strong work ethic.
  • Must have the ability to work a minimum of 18-20 hours per week.
  • Strong communication and organizational skills
  • Must meet our acceptable standards for criminal background history, credit history and pass a pre-employment drug screen.
  • Ability to meet the eligibility requirements for insurance licensing in order to sell voluntary insurance products. Eligibility is based on a criminal background check conducted by the state's department of insurance.

Benefits
All employees with Republic Finance can participate in:
  • Employee of the Month Program
  • Philanthropic support for multiple charities including an annual drive for St. Jude Children's Research Hospital
  • Professional offices with a friendly team environment
  • Employee Assistance Program - Confidential mental health support
  • Access to LinkedIn Learning's library of 10,000+ professional development courses

All Full-Time employees are eligible for:
  • Health/Dental/Vision Insurance
  • 15 days of Paid Time Off (PTO) to start + 1 additional personal day
  • 401k + employer match
  • Company provided Life Insurance & Long Term Disability

Republic Finance, LLC is an Equal Opportunity Employer and does not discriminate on the basis of race, sex, color, religion, national origin, age disability or veteran status in employment opportunities and benefits. Republic Finance, LLC maintains a Drug-Free Workplace.
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