Consumer Lending Processor - Smooth Closings & Impact

Teachers Federal Credit Union; Hauppauge (NY); On-site; USD 34,000 - 41,000; Full time

Benefits offered by this job

Annual bonus

Paid time off

401(k)

Dental & Vision premiums paid

Tuition reimbursement

Loan rate discounts

Job summary

Teachers Federal Credit Union is seeking a Lending Specialist in Hauppauge, NY to process loan applications from multiple channels, review documents, update lending records, and expedite approvals. You will guide applicants through the consumer loan journey and disburse funds with proper signatures and compliance.

The role requires an Associate’s degree or four years of related experience, at least two years in consumer lending, and proficiency with Microsoft Office applications.

Qualifications

• Associate’s degree or four years directly related experience required.
• Minimum two years of consumer lending experience or equivalent required.
• Proficient with Microsoft Office applications (Excel, Word, PowerPoint).

Responsibilities

• Process loan applications received through various channels, reviewing applications to verify accuracy of information and completion and communicating loan decision to applicant.
• Research supporting loan application documents, verify dealer and collateral information, income verification, and any other pertinent related information.
• Utilize DocuSign to process remote closings on consumer loan products.
• Responsible for quality control of received documents to ensure proper signatures and accuracy and disburses loan funds.
• Process Lease Assumption applications and ensure transfer of interest documents are signed and funds disbursed accordingly, updating Loan Servicing with transferee information.
• Maintains credit card accounts to ensure accuracy of records and compliance with institutional guidelines and operating procedures.
• Review and verify various updated member information and update core lending systems accordingly.
• Participate in lending systems UAT programs. Test new LOS functionality and report defects uncovered.
• Identify cross selling opportunities and build strong member relations.
• Perform other duties as needed upon request from immediate supervisor

Education

Associate’s degree or four years directly related experience

Minimum two years of consumer lending experience

Tools

Microsoft Applications (Excel, Word, PowerPoint)

Job description

Teachers Federal Credit Union is seeking a Lending Specialist in Hauppauge, NY to process loan applications from multiple channels, review documents, update lending records, and expedite approvals. You will guide applicants through the consumer loan journey and disburse funds with proper signatures and compliance.

The role requires an Associate’s degree or four years of related experience, at least two years in consumer lending, and proficiency with Microsoft Office applications.