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Senior Student Loan Processor Jobs in Raleigh, NC

Dunmor

Loan Originator

Raleigh, NC · On-site +1

About Dunmor Dunmor is a premier direct lender specializing in senior debt financing for ... Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and ...

M&F Bank

Sr. Commercial Lender

Durham, NC

The Sr. Commercial Lender will be responsible for exploring and pursuing new markets for loan ... Excellent knowledge and understanding of commercial loan processing, procedures, and due diligence ...

Banc of California

Loan Servicer

Durham, NC

The bank also provides full-service payment processing solutions to its clients and serves the ... Review loan agreement to board Libor and/or Fixed Rate loan into ACBS. * Assist Senior Commercial ...

Banc of California

Loan Servicer

Durham, NC · On-site

The bank also provides full-service payment processing solutions to its clients and serves the ... Review loan agreement to board Libor and/or Fixed Rate loan into ACBS. * Assist Senior Commercial ...

Towne Bank

Senior Loan Closer

Raleigh, NC

Prepares all loan documents for signature, verifies the accuracy of the loan files, and ensures the ... Knowledge of Jack Henry Silverlake Core Processing and LaserPro preferred. * Experience managing ...

Bank & Investment Group

Senior Loan Closer

Raleigh, NC · On-site

Prepares all loan documents for signature, verifies the accuracy of the loan files, and ensures the ... Knowledge of Jack Henry Silverlake Core Processing and LaserPro preferred. * Experience managing ...

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All JobsStudent Loan Processor JobsSenior Student Loan Processor JobsSenior Student Loan Processor Jobs in Raleigh, NC

Senior Student Loan Processor information

See Raleigh, NC salary details

$29.6K

$63.1K

$85.1K

How much do senior student loan processor jobs pay per year?

As of Jul 26, 2026, the average yearly pay for senior student loan processor in Raleigh, NC is $63,096.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,500.00 and $69,500.00 per year, depending on experience, location, and employer.

What does a senior loan processor do?

A senior student loan processor reviews and verifies loan applications, ensuring all required documentation is complete and accurate. They evaluate borrower information, coordinate with lenders and borrowers, and facilitate the approval process, often using loan processing software. This role requires attention to detail, knowledge of loan regulations, and experience in financial documentation.

How much does a loan officer make on a $500,000 loan?

A senior student loan processor typically does not originate loans or earn commissions; however, if referring to a loan officer, their earnings on a $500,000 loan depend on commission structures, which often range from 0.5% to 1% of the loan amount. This could result in earnings of approximately $2,500 to $5,000 for that loan. Compensation varies based on the lender, location, and individual performance.

Is it hard to become a loan processor?

Becoming a senior student loan processor typically requires relevant experience in loan processing, strong attention to detail, and knowledge of loan programs and regulations. Many positions prefer candidates with a high school diploma or higher and proficiency in processing software; some roles may also require certification or training. The difficulty depends on the individual's background and the specific employer's requirements.

What is the difference between Senior Student Loan Processor vs Student Loan Processor?

AspectSenior Student Loan ProcessorStudent Loan Processor
CredentialsTypically requires more experience, possibly advanced certificationsEntry to mid-level certifications, less experience needed
Work EnvironmentMore complex loan processing, oversight responsibilitiesProcessing standard student loans, routine tasks
Employer & Industry UsageUsed in financial institutions, loan servicing companiesCommon in banks, credit unions, loan agencies
Comparison Search IntentOften searched for career progression or senior rolesBasic role understanding or entry-level position

The main difference between a Senior Student Loan Processor and a Student Loan Processor lies in experience, responsibilities, and complexity of tasks. Senior processors handle more complex cases and may oversee junior staff, while student loan processors focus on routine processing. Both roles are essential in the student loan industry, with the senior position requiring more expertise and offering greater responsibilities.

How much is the monthly payment on a $70,000 student loan?

A senior student loan processor would understand that the monthly payment on a $70,000 student loan depends on the interest rate and repayment term. For example, with a 10-year repayment plan at 5% interest, the monthly payment would be approximately $744. Loan servicers and repayment calculators can provide precise estimates based on specific loan details.
What are the most commonly searched types of Student Loan Processor jobs in Raleigh, NC? The most popular types of Student Loan Processor jobs in Raleigh, NC are:
Senior Student Loan Processor jobs near you
Mortgage Processor II (Senior Mortgage Processor)

Mortgage Processor II (Senior Mortgage Processor)

First Citizens Bank

Raleigh, NC • Hybrid

Full-time

Posted 10 days ago

First Citizens Bank rating

7.6

Company rating: 7.6 out of 10

Based on 105 frontline employees who took The Breakroom Quiz

97th of 170 rated banks

Job description

Overview

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office.

This position processes mortgage loans, loan applications, and all associated documentation at a higher level of complexity. Validates application information for underwriting purposes and updates department systems accordingly. Prepares approved loans for closing submission, and notifies appropriate parties for action on declined loans. Contributes to protecting the Bank from fraud, misrepresentation, and mortgage loan default through compliance with federal regulations, department policy, and standard procedures. May provide guidance for less experienced associates in the work group.


Responsibilities
  • Mortgage Processing - Verifies the accuracy and completion of all documentation or information necessary for loan closings. Assists in scheduling loan closings and answers questions regarding the mortgage loan process. Places closing conditions on the file and prepares approved loans for the Closing Department. Submits loans recommended for decline to second level review and issues adverse action notices.
  • Loan Operations - Provides ongoing communication to associates and management regarding loan status, conversations with applicants, and outstanding issues. Conveys deficiencies in loan documentation with the necessary parties. Ensures compliance in all operations with applicable guidelines and regulations. May assist management with more complex matters and projects.
  • Collateral Appraisal - Secures a property appraisal and completes the initial review against established checklists.
  • Business Support - Performs a variety of administrative support tasks during the course of mortgage processing.
  • Pipeline Management - Manages a pipeline of active loans by updating and prioritizing activities based on projected loan closing date. Ensures that loans close prior to approval expiration and rate lock expiration.

Qualifications

Bachelor's Degree

-OR-

High School Diploma or GED and 3 years of experience in Mortgage processing

Preferred Qualifications: Mortgage processing experience and experience working with Encompass

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Qualifications:

Bachelor's Degree

-OR-

High School Diploma or GED and 3 years of experience in Mortgage processing

Preferred Qualifications: Mortgage processing experience and experience working with Encompass

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Education:UNAVAILABLEEmployment Type: FULL_TIME

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