Senior Consumer Loan Processor

We are committed to creating a workplace that encourages equal opportunity and values the diversity each employee offers to our credit union. We foster development by offering interactive training and learning opportunities. We are committed to building a culture that is fun, flexible, and people-centered. Our goal is to provide a rich environment and nurture our employees' skills.

We are looking for individuals who want to help us maintain the status of a top-notch company. Come join our team!

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Position: Senior Consumer Loan Processor

Location: 7101

E. 56th Street, Indianapolis, IN

Job : 182

# of Openings: 1

Senior Consumer Loan Processor

Consumer Loan Processing Manager

9

Lending

Non-Exempt

Hybrid, 7101 East 56th Street, Indianapolis, IN, 46226

The primary purpose of this position is to fulfill Financial Center First CU’s vision of inspiring financial wellness. The position must deliver high quality service to both internal and external members by supporting and promoting our values to Care, Listen, Learn, Solve, and Act. Primary purpose of the Senior Consumer Lending Processor is to perform loan investigations, administrative activities, member evaluation and loan package preparation for the Credit Union.

Ensuring that documents regarding a loan meet all lending and regulatory requirements before signatures are completed.

• Ensures timely processing of applications to ensure continued business and quality of service. Process consumer loans including but not limited to Auto, Unsecured, Credit Card, HE, HELOC, RV, Boat, Motorcycle, Small Business. Achieve minimal posting, processing or account set up errors
• Interview members for validation of information supplied on applications when needed
• Determine all applicable ratios and metrics meet the approved criteria either by the loan system or loan underwriter
• Review active loan files each day to determine if any documents are missing and what can be done to help the process along
• Collect data and documents to process the loan, which includes but not limited to validating members assets, salaries, debts, employment status, sales contracts and legal documents
• Conducts research and stays up to date with industry trends and changes. Acquires knowledge of new lending processes, regulations, credit union products etc.
• Must perform all activities in accordance with federal and state laws and regulations as well as within the credit unions approved policies and procedures
• Prepare approved loan files to ensure that all documents are in order prior to closing
• Meet loan Final date to receive applicationss and assist members to meet such deadlines
• Review the final loan application, closing documents for completeness and accuracy prior to loan signing
• Book/Fund loans and distribute all necessary funds to proper locations
• Ensure transfer of loan details from loan system to core system and all criteria was recorded in the core system accordingly
• Be a high performing loan processor continually being in the top margin for production
• Coach, Assist, Train, Consumer Loan Processor’s on software, applications, processes, documentation and guidelines
• Subject matter expert on processing for all consumer lending loan type
• Assist in improving efficiencies within the department when opportunities are seen or arise
• Assist in completion of updated procedures and implementation of any updates or changes within the dept.
• Responsible for ensuring all applications have proper disclosures sent out by regulator time lines
• Each Month run the LPQ HMDA Report. Submit LAR to government
• Review each loan listed for proper “reason” and validation that the proper demographic details are obtained
• Submit file for proper HMDA LAR export through compliance program. Complete proper batch Geo Coding
• Performs other duties commensurate to this position

• A two-year degree such as business administration or finance etc. is preferred
• 5 Years of financial experience in the Banking or Credit Union industry…