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Consumer Loan Processor-Hybrid

Align Credit Union
Posted 18 hours ago, valid for 21 days
Location

Lowell, MA, US

Salary

$20 - $25 per year

Contract type

Full Time

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Sonic Summary

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  • The Consumer Loan Processor role involves processing new consumer loans by reviewing loan requests and gathering necessary documentation for underwriting and funding.
  • This position requires collaboration with Consumer Loan Underwriters and reports to the Consumer Loan Supervisor.
  • Key responsibilities include mailing Adverse Action Notices, uploading documentation to the imaging system, and preparing loan documents for in-branch and electronic closings.
  • Candidates must have 1-2 years of relevant experience and will be expected to work in a hybrid environment, with a minimum of 1-2 days per week in the office.
  • The expected base pay for this role ranges from $20.00 to $25.00 per hour, depending on experience and qualifications.

Consumer Loan Processor

Role: 

Primary function is the sound processing of new consumer loans. Sound processing includes the review of a member's loan request and gathering all supporting documentation used for the underwriting and funding of the loan.  Works directly with Consumer Loan Underwriters and reports to the Consumer Loan Supervisor.

Essential Functions & Responsibilities:

Responsible for mailing of Adverse Action Notices to applicants.   Responsible for the upload of all documentation to imaging system as it relates to the adverse action.

Prepares loan documents for in branch closings. Prepares loan documents for and funds all consumer loan electronic closings. During this process, will be responsible for the electronic delivery of documents. Review and confirm that all appropriate signatures have been received on all loan documents, as required.

Responsible for the receipt of credit card documents from the branches on new account promotional credit cards. Once all documents received, complete the credit card order form and upload to Nautilus. The credit card order form will be sent to the Operations Department with instructions to all misc. fields for promotion.

Required to take applications and enter into our loan origination system. Applications may be by phone or internet. This involves making yourself available to answer calls coming into the new consumer loan and underwriting queues.

This is a hybrid position and requires a minimum of 1-2 days per week in office.  

At Align Credit Union, we believe in pay transparency and are committed to providing our employees and candidates with access to information about our compensation practices. The expected base pay rate offered for this role is $20.00 - $25.00 per hour. Compensation may vary based on relevant experience, skills, competencies, and certifications.



Monday-Friday 8:00AM-5:00PM
40 hours per week



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