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Consumer Loan Processor

Job in Peoria, Peoria County, Illinois, 61639, USA
Listing for: REGIONAL federal credit union
Full Time position
Listed on 2026-06-14
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking Operations, Banking & Finance, Loan Officer
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

REGIONAL is a not-for-profit cooperative financial institution that has been proudly serving its members since 1961. Dedicated to supporting financial well‑being, REGIONAL offers a wide range of products and services tailored to the unique needs of its members. With a commitment to maintaining strong community ties, REGIONAL ensures reliable and customer‑focused financial solutions. Our team strives to provide outstanding service while fostering trust and satisfaction among our valued members.

Role Description

This is a full‑time, on‑site role for a Consumer Loan Processor located in the Greater Chicago Area. The Consumer Loan Processor is responsible for reviewing and evaluating loan applications, ensuring compliance with lending guidelines and regulations, and securing required documentation for loan approval. Daily tasks include verifying applicant information, preparing loan documents, maintaining accurate records, and collaborating with team members to ensure seamless loan processes.

Providing excellent customer service to members throughout the loan lifecycle is a key aspect of this role.

Qualifications
  • Strong knowledge of loan processing procedures, documentation requirements, and compliance standards
  • Experience in data verification, attention to detail, and maintaining accurate records
  • Excellent communication and interpersonal skills to ensure positive member interactions
  • Strong organizational and time management abilities to prioritize tasks efficiently
  • Proficiency in relevant financial and loan processing software
  • Ability to work collaboratively in a team‑oriented environment
  • Previous experience in banking, financial services, or related fields is preferred
  • High school diploma or equivalent required; additional qualifications in finance or business administration are a plus
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