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Patelco Credit Union

Consumer Loan Processor

Patelco Credit Union, California, Missouri, United States

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About Patelco Credit Union Patelco Credit Union is a not-for-profit credit union with a purpose to build financial health and wellbeing for our members. Since 1936, Patelco has grown from $500 in assets to over $9 billion in assets and is the 7th largest credit union in California with branches throughout Northern California.

We are here for our members throughout all their stages of life. Meeting them with the products and services to help them plan purposefully for their futures and to secure our life-long partnership as their trusted financial advocate. As one team, we are all committed to delivering service, empowering financial literacy, creating products, and providing new technology for our members.

We believe that work should be rewarding, challenging, and enjoyable. We’re dedicated to creating a positive and supportive culture where our team members can thrive. If you’re looking to use your skills and knowledge to make a difference in our members’ lives, Patelco could be the perfect fit for you.

Overview As part of the Consumer Lending team the Consumer Loan Processor plays a key role in delivering our members products aimed at improving their financial wellbeing. Responsibilities include working closely with our members through the fulfillment and funding process for all consumer loan products. This person will collaborate internally with the Consumer Underwriters, Branches and Member Contact Center representatives. The successful candidate must display a high level of integrity, communication, initiative, and problem resolution skills. This person must have strong time management, and organizational skills to manage a large pipeline of loans.

Responsibilities

Effectively manage a pipeline of various consumer lending loan products, which includes but is not limited to: auto loans, unsecured personal loans, secured personal loans and credit cards.

Serve as a member liaison during the fulfilment process, providing timely updates.

Calculate income (review bank statements, decipher tax returns, verify employment).

Accurately communicate all document and data requirements to fulfil the loan.

Communicate professionally with members, internal team and external third parties

Ability to read credit reports and interpret information for members

Calculate loan to value and debt ratios

Review required documentation to ensure information provided satisfies procedural requirements and is in alignment with current policies, procedures and regulatory guidelines

Obtain and verify the required Department of Motor Vehicles (DMV) forms to properly record the credit unions lien on the collateral and/or make any updates to title

Review approved loan terms with the member prior to funding

Identify and properly escalate irregularities and inconsistencies as one of the lines of defense in fraud prevention

Understand and comply with all applicable federal and state laws and banking regulations (including those related to OFAC and Bank Secrecy Act / Anti-Money Laundering compliance) and Patelco Credit Union’s policies and procedures

Achieve and maintain department/organizational goals related to quality, production and member satisfaction

Perform other duties as required

Assume responsibility for work assignments

Maintain positive engagement

Qualifications

Must have HS Diploma/GED

Previous consumer or mortgage lending experience preferred but not required

Prior customer service experience

Ability to mathematically compute rate, ratios and percentages

MS Office proficiency (Word, Excel and Outlook)

Excellent written and verbal communication skills.

Excellent organizational and time management skills.

Excellent customer service skills, both verbally as well as written

Must excel in a fast-paced environment

Well organized, team-player, self-motivated and flexible with working hours based on volume

Ability to multi-task and detail oriented

Target Base Pay $27.00/hr

Compensation at Patelco Please note that the salary information is a general guideline only. Patelco Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.

We Offer

Physical Health:

Exceptional Medical, Dental, Vision, and Life Insurance benefits

Onsite fitness center at HQ and rewards for completing wellness related activities

Financial Health:

Competitive compensation packages with bonus opportunity

401(k) with 3% Safe Harbor and 5% employer match

Discounts on loan products

Tuition reimbursement

Emotional Health:

Employee Assistance Program (EAP)

PTO for part-time and full-time positions

Paid holidays

Personal Development:

On-the-job training and skills development

Internal transfer opportunities for career growth

Volunteer work

Flexible work arrangements available for specific positions

Patelco Credit Union is an Equal Opportunity Employer including individuals with disabilities and protected veterans

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