Senior Loan Processor III
Listed on 2026-07-04
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Finance & Banking
Banking Operations, Financial Compliance, Loan Servicing
CIBC World Markets Corp Senior Loan Processor III
Hybrid - Worth, IL
Apr 1, 2026
$62K - $72K
As a Senior Processor (Processor Level III) in the Consumer Processing Department, your primary responsibilities encompass monitoring processing activities to ensure accuracy, compliance, and completeness. This role will assess and verify loan applications, collect, review and validate supporting documentation. Consumer Processing liaises with various stakeholders throughout the lending processing to resolve issues, obtain additional information, and meet defined service level turn-time requirements.
Quality control is key to minimize errors and ensure high standards are maintained. The Senior Processor is a point person for outstanding issues/concerns/escalations with pipeline activities. As an experienced lending professional, you will be recognized as a subject matter expert on processing activities and champion adherence to regulatory/investor requirements and internal standards.
At CIBC we enable the work environment most optimal for you to thrive in your role. Youwillhave the flexibility to manage your work activities within a hybrid work arrangement whereyou’llspend 2-3 days per week on-site, while other days will be remote.
How You’ll SucceedComprehensive Analysis: Work closely with our Bankers, Disclosure Team, Underwriters, Closing, and Post Closers to ensure a timely and accurate experience for our customers.
High-Quality Decision-Making: Responsible for ensuring all file documentation is complete, accurate, verified, and dates are met.
Effective Risk Assessment: Ensure processes align with the bank’s guidelines, risk appetite, policies, standards, and consumer laws and regulation requirements while providing sound judgment.
Strong Written Communication: Craft detailed communication that clearly present rationale, assessment, and evaluation results.
Collaboration & Stakeholder Engagement: Work closely with Bankers, Disclosure Team, Underwriters, Closers, Post Closers, Group Portfolio Managers, and Senior Management to ensure seamless loan/line processing activities.
Market Awareness & Compliance: Stay updated on market conditions, industry regulations, investor guidelines, and consumer lending laws to maintain compliance and adapt to evolving enhancements.
Community Involvement: Complete at least five community outreach volunteer hours annually, contributing to the bank’s commitment to community development.
Who You AreExperienced in Lending: You have at least 10 years retail lending experience with focus on portfolio real estate secured and other consumer lending products including grant programs. Strong expertise in working with high-net-worth clients as well as third-party service providers across the US footprint.
Skilled in Financial Analysis: Review and analyze supporting documents to ensure accuracy and compliance with regulatory requirements. Examine documents for completeness, accuracy, and adherence to lending guidelines. Assess and verify consumer loan applications for accuracy, completeness, and eligibility. Collect, review, and validate supporting documentation (income, credit reports, identification, etc.). Assist in training junior processors and provide guidance on complex cases. Accurately enter loan data into processing systems and maintain up-to-date records.
Conduct quality control checks to minimize errors and ensure high standards are maintained.
Detail-Oriented & Organized: You thrive in fast-paced, deadline-driven environments, effectively managing multiple tasks while maintaining accuracy.
Effective Communicator: You excel at verbal and written communication, clearly presenting information to stakeholders, including assisting with procedural/job aid updates, and presentation materials for training. This includes supporting department special projects and/or testing initiatives.
Technology-Proficient: You have working knowledge of industry tools and systems like Encompass, Meridian Link Consumer, Super Nova, MS Office (Excel, Word, PowerPoint, Teams, Outlook) products, and FIS/IBS.
Regulatory Knowledge: You have a strong understanding of federal and state lending regulations,…
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