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Vp Loan Processor Jobs (NOW HIRING)

Finance Factors Ltd

VP, Loan Officer

Honolulu, HI · On-site

$24K - $500K/yr

... loan process · Participate in regular team sales meetings · Attend trade shows and community events to promote Finance Factors · Complete required management reports For the full and to apply ...

Lake Trust Credit Union

VP, Lending

Brighton, MI · On-site

The VP of Lending will lead teams across consumer loan processing, funding, and loan operations ensuring compliance, portfolio quality, cross department collaboration, and continuous improvement in ...

Lake Trust Credit Union

VP, Lending

Brighton, MI · On-site

$120 - $150/hr

The VP of Lending will lead teams across consumer loan processing, funding, and loan operations ensuring compliance, portfolio quality, cross department collaboration, and continuous improvement in ...

Lake Trust Credit Union

VP, Lending

Brighton, MI · On-site

$132K - $170K/yr

The VP of Lending will lead teams across consumer loan processing, funding, and loan operations ensuring compliance, portfolio quality, cross department collaboration, and continuous improvement in ...

Lake Trust Credit Union

VP, Lending

Brighton, MI · On-site

$132K - $170K/yr

The VP of Lending will lead teams across consumer loan processing, funding, and loan operations ensuring compliance, portfolio quality, cross department collaboration, and continuous improvement in ...

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All JobsVp Loan Processor Jobs

Vp Loan Processor information

See salary details

$13

$21

$30

How much do vp loan processor jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for vp loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is the difference between Vp Loan Processor vs Loan Officer?

AspectVp Loan ProcessorLoan Officer
CredentialsTypically requires mortgage processing experience, sometimes certifications like NMLSRequires mortgage licensing, NMLS registration, and sales skills
Work EnvironmentWorks behind the scenes in processing and verifying loan documentsInteracts directly with clients, sales, and marketing
Employer & Industry UsageUsed in banks, mortgage companies, and financial institutionsUsed in banks, mortgage brokers, and lending firms

The Vp Loan Processor primarily handles the processing and verification of loan documents, working closely with underwriters and clients behind the scenes. In contrast, a Loan Officer actively solicits clients, evaluates their financial situations, and guides them through the loan application process. Both roles are essential in the mortgage industry but differ in responsibilities and daily tasks.

Is a VP loan processor a difficult job?

A VP loan processor role involves managing complex loan documentation, verifying borrower information, and ensuring compliance with lending regulations. It requires strong attention to detail, organizational skills, and familiarity with loan processing software, making it a demanding position that often involves high responsibility and accuracy. The difficulty level depends on experience, workload, and the complexity of the loans handled.

What are the key skills and qualifications needed to thrive as a VP Loan Processor?

To thrive as a VP Loan Processor, you need deep expertise in loan processing, compliance regulations, and financial analysis, typically supported by a bachelor's degree in finance or a related field and several years of industry experience. Familiarity with loan origination systems, underwriting software, and regulatory compliance platforms is crucial. Strong leadership, attention to detail, and effective communication skills set top performers apart in this role. These skills ensure efficient loan operations, regulatory compliance, and successful team management in a high-stakes financial environment.

What is a VP Loan Processor?

VP Loan Processors are senior-level professionals in the banking or mortgage industry who oversee the processing of loan applications and ensure that all documentation is accurate, complete, and compliant with regulations. Typically holding the title of Vice President, they manage teams of loan processors, coordinate with underwriters, and streamline workflow to meet organizational goals. Their responsibilities often include training staff, implementing process improvements, and serving as a point of escalation for complex loan issues. VP Loan Processors play a critical role in ensuring loans are processed efficiently and accurately from application through closing.

What are some common challenges faced by a VP Loan Processor, and how can they be addressed?

A VP Loan Processor often faces challenges such as managing high loan volumes, ensuring regulatory compliance, and coordinating efficiently with underwriting, sales, and closing teams. Staying organized and implementing robust workflow systems can help manage workload and minimize errors. Regular training and clear communication channels with team members are crucial for keeping up with changing regulations and maintaining smooth operations across departments.
More about Vp Loan Processor jobs
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
What job categories do people searching Vp Loan Processor jobs look for? The top searched job categories for Vp Loan Processor jobs are:
Vp Loan Processor jobs near you
Infographic showing various Vp Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Senior Loan Review Associate

Merchants Bancorp

Carmel, IN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 25 days ago

Job description

Job Type
Full-time
Description
The Senior Loan Review Associate resides in the Loan Review team, within Enterprise Risk Management. This position will help conduct loan reviews across the Bank's non-consumer loan portfolios. This role involves analyzing financial information, collateral, and underwriting decisions to ensure compliance with Bank policies and regulatory guidelines. The analyst will evaluate the quality and condition of individual credit and determine appropriateness of risk ratings. The Senior Loan Review Associate consults and timely provides the VP, Loan Review an objective assessment of the credits reviewed.
Internal loan review provides management and the board with an objective, independent, and timely assessment of the overall quality of the non-consumer loan portfolios. The Senior Loan Review Associate is expected to validate the loan risk ratings based on the timely identification of problem loans by the business units so that necessary action can be taken to strengthen credit quality and minimize the Bank's credit loss. An effective credit risk review system identifies relevant trends that affect the quality of the loan portfolio and highlights portfolio segments that are potential problem areas.
After one year as our Senior Loan Review Associate you should be able to do the following confidently and independently...
  • Conduct loan review analysis of non-consumer loans in the Bank's various portfolios. These reviews include:

1- Analyses of financial information, cash flow, collateral, loan documentation and underwriting decisions.
2- Analyzing Debt Service Coverage Ratio and/or covenant trends, and classified asset update/action plans.
3- Ensuring individual loan transactions are adequately underwritten and properly graded, conforming to Policy.
  • Make recommendations for adjustments to the loan risk grade. Collaborate, confer and discuss results and recommendations with the VP, Loan Review and applicable credit personnel.
  • If applicable, participate in targeted reviews as directed by the VP, Loan Review. For example, complete retrospective reviews (postmortem reviews) and lessons learned to identify issues/trends that may need improved in underwriting and/or asset management (control break downs), to prevent similar credit issues from occurring in the future.
  • Identify relevant portfolio trends that may indicate changes in the credit risk.
  • Work to develop and maintain functional partnerships with colleagues in the line of business to ensure effective communication and understanding of credit related processes.
  • Promotes and maintains a positive work atmosphere by behaving and communicating in a positive, professional manner to work effectively with co-workers, management, partners, and vendors.
  • Ensure compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties.

Requirements
What we are looking for...
  • Bachelor's degree in a business-related or accounting field required with minimum of 5 years' experience as a credit analyst, loan review associate or risk analyst of a steadily growing commercial portfolio.
  • Knowledge in SBA, commercial & industrial, multi-family and healthcare lending and experience in banking or a financial services industry background preferred.
  • Strong analytical and organization skills.
  • Ability to influence at all levels of the organization through strong verbal and written communication skills as well as confidentiality required.

Our Benefits: Health, Vision, Dental, 401K, ESOP, 100% Tuition Assistance, 4 weeks paid time off, plus a few more.
About Merchants
Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.
Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016-2022). For more information read the entire article here .

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