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Heritage Federal Credit Union

Consumer Loan Processor I

Heritage Federal Credit Union, Newburgh, Indiana, us, 47629

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2 days ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Start your career with Heritage Federal Credit Union!

Heritage Federal Credit Union, a Readers' Choice Best Credit Union gold award recipient, is growing thanks to the focus on helping our members and community. At Heritage, we foster a dynamic and collaborative environment where your contributions truly make a difference. As we continue to expand, we are seeking a

Consumer Loan Processor

I to join our exceptional team! The Consumer Loan Processor is responsible for ensuring the accurate and timely preparation, review, and processing of indirect consumer loan documentation. This role plays a key part in organizing loan packets for pre-closing and quality assurance, maintaining compliance with lending regulations, and supporting the overall loan workflow.

Responsibilities

Pre-Closing Responsibilities for Indirect Loan Paperwork:

Review all indirect loan documents.

Confirm all required signatures are present.

Verify stipulations are complete and accurate.

Calculate dealer reserve.

Complete the pre-closing checklist.

Follow department policies and procedures.

Request missing info from branches or dealers.

Answer routine questions from dealer partners, members, and staff.

Review the exception lists and resolve outstanding issues.

Review "Unable to Fund" loans.

Funding Indirect Loans:

Verifies all documentation is in order.

Verifies stipulations have been satisfied.

Books loan proceeds from data processing site to core accurately.

Completes a post-closing review of the consumer loan packet before sending to QA and imaging.

Additional responsibilities include:

Verify weekly dealer reserve reports

Review daily booked loans

Process ACH dealer revisions

Audit file maintenance reports

Qualifications

Education/Certification: High School graduate or equivalent

Understanding of loan products and services.

Knowledge of loan processing functions and related requirements and procedures.

One to three years of financial/banking experience preferred.

About Heritage Federal Credit Union Heritage Federal Credit Union offers financial products and services to anyone who lives, works, worships, attends school, participates in programs to alleviate poverty or distress, or participates in associations headquartered in; and businesses and other legal entities, incorporated and unincorporated organizations located in; or maintaining a facility located in Gibson, Posey, Warrick, Vanderburgh, Daviess, Knox, Spencer, Pike, Perry, Crawford, Clark, Floyd, and Harrison Counties in Indiana; and Henderson, Daviess, Hopkins, Hancock, Ohio, McLean, Webster, Union, and Crittenden Counties in Kentucky; and Lawrence, Wabash, White, Gallatin, and Hardin Counties in Illinois.

More information regarding Heritage Federal Credit Union can be located at heritagefederal.org.

EOE

Seniority level

Entry level

Employment type

Full-time

Job function

Finance and Sales

Industries

Banking

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