Consumer Loan Processing Specialist

Navy Federal Credit Union; Vienna (AL); On-site; USD 42,000 - 62,000; Full time

Job summary

Navy Federal Credit Union seeks a Loan Processor to verify and evaluate consumer loan applications, ensuring completeness and regulatory compliance. You will gather documentation, contact members and employers, and determine collateral, rates, and terms.

The role supports the Lending Committee and processes applications in a structured environment. The position requires privacy and accuracy in handling member data.

Qualifications

• Familiarity with consumer lending principles, policies and financial practices
• Familiarity with credit bureau reports and Fair Credit Reporting Act
• Basic skills in examining and interpreting information quickly and accurately
• Basic skills in following and applying data to guidelines and regulations
• Basic verbal and written communication skills

Responsibilities

• Verify and evaluate information on consumer loan applications
• Ensure applications are complete and compliant with laws and Navy Federal policies
• Contact members and employers for additional information while maintaining confidentiality
• Counsel members on loan options, terms, and policy procedures
• Enter request data into automated loan systems and forward for action
• Monitor loan processing queues and respond to inquiries from branches and staff
• Assist Lending Committee with documentation and processing tasks
• Perform related duties as assigned

Skills

Consumer lending knowledge

Credit bureau awareness

Communication skills

Data entry

Attention to detail

Job description

Navy Federal Credit Union seeks a Loan Processor to verify and evaluate consumer loan applications, ensuring completeness and regulatory compliance. You will gather documentation, contact members and employers, and determine collateral, rates, and terms.

The role supports the Lending Committee and processes applications in a structured environment. The position requires privacy and accuracy in handling member data.