Consumer Loan Officer develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Additionally, Consumer Loan Officer maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. The Consumer Loan Officer works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Officer typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Job Summary:
We are seeking a detail-oriented Loan Processor to join our team. The ideal candidate will have experience in consumer loan processing and a general understanding of banking regulations.
Duties:
- Review loan files for completeness and accuracy and follow up on missing documents
- Accept and process loan payments
- Communicate with loan staff and borrowers to ensure a smooth loan process
- Scan and file loan files
- Ensure compliance with all regulations and guidelines
Experience:
- Previous experience in a bank setting preferred
- Ability to work collaboratively with other team members
This position offers the opportunity to work in a dynamic environment where attention to detail is key. If you have a passion for the financial industry and possess the necessary skills, we encourage you to apply.
Job Type: Full-time
Pay: $18.00 - $20.00 per hour
Expected hours: 40 per week
Benefits:
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Work Location: In person