Sunward
Job Title: Consumer Loan Processor 1
Employer: Sunward
Overview
This role plays a pivotal part in assisting consumer loan officers with the processing of loan requests with a focus on direct loan applications. Essential Job Duties
Process vehicle loans initiated from the lending operating system Verify loan files for accuracy, completeness and to ensure compliance with all federal and state requirements including but not limited to interest rate, collateral value, payment calculation, payment schedule Input loan data into loan operating system Analyze supporting documentation, utilize credit reports to verify accuracy of loan application, and forward non-automated response loans to Underwriting for approval Verify and inspect collateral offered Calculate loan payments, determine loan to value (LTV) and make loan changes to secure a clear lien position Conduct callbacks to members Perform other duties as assigned by management Direct Vehicle Loan Responsibilities
Act as primary contact for member post-funding to verify loan status, work with vendors on completion of funding and MVD process Book and fund loans Process and review loan applications through the MVD process Collect necessary documents required for vehicle title transfer Run MVR to determine the status of the vehicle title Send completed MVD package to Loan Services Document and file loan applications to secure the Credit Union’s collateral Requirements
Required Skills/Abilities
Excellent interpersonal skills Excellent organizational skills and attention to detail Strong proficiency with Microsoft Office applications. Familiar and comfortable with information technology, particularly digital means of communication Strong analytical and problem-solving skills Knowledge
Basic knowledge of consumer loan products, regulations, and market trends Basic knowledge of compliance with federal and state lending regulations (e.g., Equal Credit Opportunity Act, Fair Lending, Truth in Lending Act) Education And Experience
Minimum one year’s experience in financial institutions or related experience Minimum high school diploma/GED or more than one year of related experience Physical Requirements
Prolonged periods of sitting at a desk and working on a computer. Must be able to lift 5 pounds at times. Salary
$20.28-$25.36 (Depending on Experience) Seniority level
Entry level Employment type
Full-time Job function
Finance and Sales Industries
Banking Referrals increase your chances of interviewing at Sunward by 2x
#J-18808-Ljbffr
This role plays a pivotal part in assisting consumer loan officers with the processing of loan requests with a focus on direct loan applications. Essential Job Duties
Process vehicle loans initiated from the lending operating system Verify loan files for accuracy, completeness and to ensure compliance with all federal and state requirements including but not limited to interest rate, collateral value, payment calculation, payment schedule Input loan data into loan operating system Analyze supporting documentation, utilize credit reports to verify accuracy of loan application, and forward non-automated response loans to Underwriting for approval Verify and inspect collateral offered Calculate loan payments, determine loan to value (LTV) and make loan changes to secure a clear lien position Conduct callbacks to members Perform other duties as assigned by management Direct Vehicle Loan Responsibilities
Act as primary contact for member post-funding to verify loan status, work with vendors on completion of funding and MVD process Book and fund loans Process and review loan applications through the MVD process Collect necessary documents required for vehicle title transfer Run MVR to determine the status of the vehicle title Send completed MVD package to Loan Services Document and file loan applications to secure the Credit Union’s collateral Requirements
Required Skills/Abilities
Excellent interpersonal skills Excellent organizational skills and attention to detail Strong proficiency with Microsoft Office applications. Familiar and comfortable with information technology, particularly digital means of communication Strong analytical and problem-solving skills Knowledge
Basic knowledge of consumer loan products, regulations, and market trends Basic knowledge of compliance with federal and state lending regulations (e.g., Equal Credit Opportunity Act, Fair Lending, Truth in Lending Act) Education And Experience
Minimum one year’s experience in financial institutions or related experience Minimum high school diploma/GED or more than one year of related experience Physical Requirements
Prolonged periods of sitting at a desk and working on a computer. Must be able to lift 5 pounds at times. Salary
$20.28-$25.36 (Depending on Experience) Seniority level
Entry level Employment type
Full-time Job function
Finance and Sales Industries
Banking Referrals increase your chances of interviewing at Sunward by 2x
#J-18808-Ljbffr