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Senior Loan Processor Jobs in Romeoville, IL (NOW HIRING)

NVR Inc

Mortgage Loan Officer

Naperville, IL · On-site

$33.65 - $43.27/hr

You will assume full responsibility to guide new home purchasers through the loan process from loan application to approval and settlement. You will prequalify prospective buyers, review financing ...

Crowe LLP

Loan Review Senior Consultant

Chicago, IL · On-site

Crowe is seeking a Loan Review Senior Consultant to perform credit risk consulting projects for a ... Understanding of credit processes, such as loan origination and underwriting; credit policies ...

Wintrust

Loan Originator - (South Region)

Wheaton, IL · On-site

The primary responsibility is to bring in new loan requests into the bank for processing. The Loan Originator is the primary contact for the loan applicant. Essential Duties and Responsibilities

Crowe LLP

Loan Review Consultant

Oakbrook Terrace, IL · On-site

... senior team members as appropriate. * Assist in systematic reviews of commercial loan portfolios to ... Knowledge of credit processes, including loan origination, underwriting, credit administration, and ...

Crowe LLP

Loan Review Consultant

Chicago, IL · On-site

... senior team members as appropriate. * Assist in systematic reviews of commercial loan portfolios to ... Knowledge of credit processes, including loan origination, underwriting, credit administration, and ...

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All JobsLoan Processor JobsSenior Loan Processor JobsSenior Loan Processor Jobs in Romeoville, IL

Senior Loan Processor information

See Romeoville, IL salary details

$31.1K

$66.2K

$89.2K

How much do senior loan processor jobs pay per year?

As of Aug 22, 2026, the average yearly pay for senior loan processor in Romeoville, IL is $66,181.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,000.00 and $72,900.00 per year, depending on experience, location, and employer.

What does a senior loan processor do?

A Senior Loan Processor is responsible for reviewing and processing loan applications, verifying applicant information, collecting and organizing financial documents, and ensuring that loans comply with all regulatory and lender guidelines. They work closely with loan officers, underwriters, and clients to resolve any issues and ensure a smooth and timely loan approval process. As senior professionals, they may also mentor junior processors and help implement process improvements to increase efficiency and accuracy.

What are the key skills and qualifications needed to thrive as a senior loan processor?

To thrive as a Senior Loan Processor, you need in-depth knowledge of mortgage loan products, underwriting guidelines, and regulatory compliance, typically supported by experience in mortgage processing or related certifications. Proficiency with loan origination systems (LOS), document management platforms, and automated underwriting systems is essential for efficiency. Strong attention to detail, problem-solving skills, and effective communication help build trust with clients and facilitate smooth transactions. These abilities are crucial for ensuring accurate, timely loan processing and maintaining regulatory and customer service standards.

How does a senior loan processor typically collaborate with underwriters and loan officers during the mortgage approval process?

A Senior Loan Processor serves as a vital liaison between loan officers and underwriters, ensuring all necessary documentation is accurate and complete before underwriting review. They regularly communicate with loan officers to clarify borrower information, address outstanding conditions, and expedite the collection of required items. Processors also work closely with underwriters to resolve any discrepancies or questions that arise during the approval process, helping streamline the workflow and maintain compliance with lending guidelines. This collaboration is essential for timely and efficient loan closures.

How much do entry level senior loan processors make?

Entry-level senior loan processors typically earn between $40,000 and $55,000 annually, depending on location and company size. They often require familiarity with loan processing software and strong attention to detail, with some positions offering additional benefits or bonuses based on performance.

Is a senior loan processor a difficult job?

A senior loan processor's job involves reviewing and verifying loan documentation, ensuring compliance, and coordinating with lenders and borrowers. It requires attention to detail, strong organizational skills, and knowledge of loan processing software, making it moderately challenging depending on workload and complexity of loans. Experience and familiarity with regulations can help manage the job's demands effectively.

What are the most commonly searched types of Loan Processor jobs in Romeoville, IL?

The most popular types of Loan Processor jobs in Romeoville, IL are:

What job categories do people searching Senior Loan Processor jobs in Romeoville, IL look for?

The top searched job categories for Senior Loan Processor jobs in Romeoville, IL are:

What cities near Romeoville, IL are hiring for Senior Loan Processor jobs?

Cities near Romeoville, IL with the most Senior Loan Processor job openings:

Senior Loan Processor jobs near you
Infographic showing various Senior Loan Processor job openings in Romeoville, IL as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 14% Part Time, 1% Temporary, 4% Contract, and 1% Nights. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $66,181 per year, or $31.8 per hour.

Loan Services - Reconciliation Senior Associate

Rydex Investments

Chicago, IL • On-site

$105K - $115K/yr

Other

Posted 8 days ago

Job description

Investment Management Operations Reconciliation Senior Associate

Guggenheim Investments is seeking an exceptional candidate to join its Investment Management Operations function. The Reconciliation Senior Associate will be part of the Portfolio Operations team and will be responsible for ensuring that both cash and positions across assigned portfolios are accurate. The ideal candidate will be extremely organized while having the confidence and communication skills to effectively work in a team setting. A key aspect of the role is managing and liaising with counterparts at global custodians to minimize market risk, in addition to effectively communicating cross functionally with internal teams. The Senior Associate role requires the ability to analyze upstream business processes and understand where gaps may exist and propose recommendations for process improvements. This position is located in our Chicago or New York office.

Key Responsibilities
  • Reconcile cash and positions with external parties and across Wall Street Office and BlackRock Aladdin systems
  • Process activity in Wall Street Office and Aladdin databases
  • Research and resolve bank loan cash and position discrepancies in both WSO and Aladdin systems
  • Provide liquidity for the accounts that Bank Loan Reconciliation team is responsible for to the trading desk
  • Review PNI transactions and positions between WSO and BRS to ensure that transactions are consistent across both systems
  • Address cash reconciliation inquiries from various internal and external parties
  • Analyze differences and breaks on positions, accrued income and cash with fund administrators on Monthly and Weekly NAV analyses.
  • Serve as liaison between administrative agent banks and custodians
  • Review and maintain contract level information and make sure that data is consistent with our third-party vendors
  • Provides external/internal parties with notices and other loan-related documentation
  • Review, request approval and process borrowing requests that come from various administrative agents
  • Review of unscheduled commitment reductions processed by third-party vendors and administrative agents
  • Review Amort schedules between our WSO and Markit daily reports and address any exceptions
  • Address any ad hoc requests related to cash and positions data for Bank Loans
Qualifications

Basic Qualifications

  • Undergraduate degree with 5+ years of relevant work experience in investment management or financial services environment
  • Proficient in the use of Microsoft Office Suite, specifically Excel
  • Must be able to multi-task in a fast paced and challenging environment

Preferred Qualifications

  • Bachelor's degree with 5+ years of relevant work experience
  • 5+ years of bank loan related experience is preferred
  • Knowledge of Wall Street Office and/or Aladdin strongly preferred
  • Organized, detail oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative
  • Must be able to successfully engage in multiple initiatives simultaneously
  • Team oriented individual with ability to work well with diverse groups
  • Able to translate between technical and business leaders at the highest levels
  • Excellent written and verbal communication skills with an ability to collaborate with internal teams and external parties and service providers

We are not seeking agency assistance with this role.

Salary Range

Annual base salary between

$105,000.00-$115,000.00

The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

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