Loan Processor

The primary function of this job is to provide outstanding service to members by assisting in direct & indirect loan document preparation and loan processing by fully using job-relevant technical skills, maintaining/updating technical skills and seeking to enhance service skills.Requires the ability to make decisions within established guidelines, the willingness to work within a sales environment, and the ability to be a team player in an organization that values the spirit of teamwork.

Essential Functions:

- Processes direct & indirect loan applications according to portfolio guidelines as appropriate

- Update applications in the computer database

- Review/interpret transmittal instructions from Underwriter for closing viable indirect loans

- Prepare/monitor closing documentation, disclosures, and disbursement of indirect loans

- Prepare packet for closing by calculating the necessary interest and fees

- Coordinate the closing date with applicant and insures loan is in compliance

- Provide information to members and employees regarding rates, terms, conditions and criteria

- Provide preliminary prequalifying information to members as needed

Other Functions:

- Solve closing related problems

- Perform final audit/verify that documentation complies with rules and regulations

- Assure that all disclosures are in compliance/sent within approved guidelines

- Assist with servicing of direct & indirect loans

- Cross-train to learn other Loan Dept. and front-office positions as needed

- Provide debt and financial counseling using established procedures

- Assist in maintaining direct & indirect loan records using established procedures

- Perform specific and delegated duties as assigned by management

- Notarize documents for members and staff

Job Qualifications:

Knowledge of:

- Products/services

- Policies/procedures and service philosophy

- In-house computer system

- State and Federal indirect lending regulations

- PC literate, including working knowledge of Word and Excel

Job Type: Full-time