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Senior Processor Jobs in New York (NOW HIRING)

Magyar Bank

Sr. Loan Processor

New Brunswick, NJ · On-site

Magyar Bank, a leader in the community banking sector, is searching for qualified candidates to join our Residential Lending team in the Central New Jersey area as Sr. Loan Processor The Sr. Loan ...

Virtusa

Senior Process Architect

New York, NY · On-site

Role Overview This is a senior hands-on process architecture role sitting at the heart of a large-scale unified case management transformation for a major credit card issuer. The Senior Process ...

Virtusa

Senior Process Architect

New York, NY · On-site

Role Overview This is a senior hands-on process architecture role sitting at the heart of a large-scale unified case management transformation for a major credit card issuer. The Senior Process ...

Promachbuilt

Sr. Process Engineer

New York, NY · On-site +1

$120K - $150K/yr

As a Sr. Process Engineer on our team, you will oversee the sale and execution phases of large projects with customers. This will include a variety of products, even potentially in new markets and ...

Ridgewood Photo

Sr. Mortgage Loan Processor

Uniondale, NY · On-site

$70K - $80K/yr

Duties and Responsibilities/Results • Implements the processing of Retail and Wholesale mortgage applications by reviewing new applications submitted into the loan origination system. • Implement ...

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Senior Processor information

What does a senior processor do?

A Senior Processor is responsible for overseeing and managing complex documentation and workflow processes, often within industries like finance, mortgage, or insurance. They review, verify, and process documents, ensuring all compliance and regulatory standards are met. Senior Processors also coordinate with clients and other team members to resolve discrepancies and keep transactions on track. Their experience enables them to handle escalated issues, mentor junior staff, and contribute to process improvements.

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

To thrive as a Senior Processor, you need in-depth knowledge of processing procedures, attention to detail, and often a background in finance or mortgage with relevant experience. Familiarity with loan origination systems, document management software, and industry regulations is typically required, and certifications such as Certified Mortgage Processor (NAMP) are advantageous. Exceptional organizational skills, problem-solving abilities, and clear communication make someone stand out in this position. These skills are crucial for ensuring accurate, compliant, and timely processing of complex transactions, which supports organizational goals and client satisfaction.

What are some common challenges senior processors face when managing high-volume workloads, and how can they overcome them?

Senior Processors often handle large volumes of files and must balance speed with accuracy to meet tight deadlines. Common challenges include prioritizing urgent cases, ensuring compliance with evolving regulations, and maintaining clear communication with loan officers and underwriters. To overcome these challenges, it is important to implement efficient time-management strategies, stay updated on industry guidelines, and leverage workflow tools or checklists. Strong organizational skills and proactive collaboration with team members also play a key role in managing workload effectively.

What is the difference between Senior Processor vs Processor?

AspectSenior ProcessorProcessor
Required CredentialsTypically requires 3+ years experience, industry certifications (e.g., CPA, CPA-eligible)Entry to mid-level, may require basic certifications or relevant experience
Work EnvironmentOffice setting, financial institutions, or processing centersSimilar office environments, often in banking, finance, or insurance sectors
Employer & Industry UsageUsed in banking, finance, insurance, and corporate sectors for processing transactionsCommonly used in similar industries for handling routine processing tasks

The main difference between a Senior Processor and a Processor lies in experience, responsibilities, and sometimes certifications. Senior Processors typically handle more complex tasks, oversee junior staff, and have more industry experience. Processors perform routine processing duties and may be at an earlier career stage. Both roles are essential in financial and administrative operations, with Senior Processors often serving as team leads or specialists.

What are the most commonly searched types of Processor jobs in New York?

The most popular types of Processor jobs in New York are:

What cities in New York are hiring for Senior Processor jobs?

Cities in New York with the most Senior Processor job openings:

Infographic showing various Senior Processor job openings in New York as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 13% Part Time, 1% Temporary, 5% Contract, and 1% Nights. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution.

Sr. Loan Processor

New Brunswick, NJ • On-site

Magyar Bank
51 - 200 employees
Learn more about Magyar Bankexternal

Full-time

Medical, Dental, Life, Retirement

Re-posted 14 days ago

Job description


Magyar Bank, a leader in the community banking sector, is searching for qualified candidates to join our Residential Lending team in the Central New Jersey area as
Sr. Loan Processor
The Sr. Loan Processor will be responsible for processing first mortgage applications and consumer loans in accordance with all applicable federal and state guidelines. 
Essential Functions:
Process residential first and second mortgage, personal & auto loan applications in accordance with all investor requirements, and federal & state regulations
  • Verify and calculate financial information to determine applicant eligibility with respect to the Bank’s risk and salability to Secondary Market.  Investigate credit depository and all other financial data
  • Request information and follow up with all necessary paperwork within established timeframes
  • Review eligibility of applications received from mortgage lenders.  Keep lenders informed of status of loan applications in process.  Reviews documents and interacts with customers to process applications.  Ensure applications are processed within established timeframes.  Maintain contact with customers whose applications are in process.  Interact with attorneys and realtors as needed.
  • Update loan origination computer system and file documentation as needed.  Ensure integrity of the data entered into the loan origination system
  • Maintain a current knowledge of all Federal and State regulations pertaining to lending, including but not limited to compliance with FNMA, FHLMC, and PMI
  • Review and monitor expiration of file documentation.  Update documentation and files as needed.  Update documents to comply with investors’ aging requirements.
  • Function as backup for Sr. Loan Closing Rep and Loan Officer as required
  • Maintain compliance while performing all job functions
  • Other job duties as assigned

Requirements:
  • Minimum of high school diploma or equivalent required.  Some college preferred
  • Minimum of 5-7 years mortgage loan processing experience required
  • National Mortgage Licensing System and Registry (NMLS) required
  • Current working knowledge of FHLMC and Fannie/Freddie guidelines essential
  • Computer literate, including Microsoft Office and programs including loan tracking systems
  • Working knowledge of lending regulations, financial institution products and services required
  • Strong customer service skills
  • Must be detailed oriented
  • Excellent communication skills, both verbal and written
  • Ability to multitask in fast paced environment

Salary Range: $29.50 - $37.00 (hourly)
Magyar Bank offers a competitive salary and comprehensive benefit package, which includes medical, dental, life insurance and 401k.
Magyar Bank is an Equal Employment Opportunity/Affirmative Action Employer - M/F/D/V
 

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