Loan Processing Specialist

Toyota Financial Services Philippines Corporation; Tangob; On-site; PHP 268,000 - 469,000; Full time

Job summary

Toyota Financial Services Philippines Corporation is seeking a diligent Loan Processing Specialist to review and verify loan applications, gather income verification, credit reports, and tax returns, and coordinate with underwriters for timely closings.

You will maintain detailed records, ensure compliance with lending policies, and communicate clearly with applicants to obtain missing information while meeting fast-paced deadlines.

Qualifications

• Knowledge of loan types (mortgages, personal loans, business loans, etc.).
• Familiarity with financial regulations and lending procedures.
• Ability to work in a fast-paced environment and meet deadlines.
• Effective communication and customer service skills.
• Proficiency in loan processing software and financial databases.

Responsibilities

• Review and verify loan applications for completeness and accuracy.
• Collect and organize necessary documentation (e.g., income verification, credit reports, tax returns).
• Communicate with applicants to request missing information.
• Ensure compliance with financial regulations and lending policies.
• Work with underwriters to assess creditworthiness and risk factors.
• Coordinate with loan officers, title companies, and other parties to facilitate loan closings.
• Maintain detailed records of loan applications and statuses.
• Address any discrepancies or issues in the loan approval process.

Skills

Loan processing

Regulatory compliance

Communication skills

Customer service

Attention to detail

Tools

Loan software

Financial databases

Job description

JOB DESCRIPTIONS:

• Review and verify loan applications for completeness and accuracy.

• Collect and organize necessary documentation (e.g., income verification, credit reports, tax returns).

• Communicate with applicants to request missing information.

• Ensure compliance with financial regulations and lending policies.

• Work with underwriters to assess creditworthiness and risk factors.

• Coordinate with loan officers, title companies, and other parties to facilitate loan closings.

• Maintain detailed records of loan applications and statuses.

• Address any discrepancies or issues in the loan approval process.
  

QUALIFICATIONS:

• Knowledge of loan types (mortgages, personal loans, business loans, etc.).

• Familiarity with financial regulations and lending procedures.

• Ability to work in a fast-paced environment and meet deadlines.

• Effective communication and customer service skills.

• Proficiency in loan processing software and financial databases.