Consumer Loan Processor

GreyMatter IT; Lowell (MA); Hybrid; USD 28,000 - 33,000; Full time

Job summary

Align Credit Union is seeking a detail-oriented loan processing specialist to support underwriting and funding of consumer loans. The role involves handling adverse action notices, uploading documents to imaging systems, and preparing loan documents for electronic closings.

The candidate will process applications by phone or internet, enter data into the loan origination system, and maintain timely communication with the underwriting team.

Qualifications

• Experience handling adverse action notices.
• Experience uploading documentation to imaging system.
• Ability to prepare loan documents for in-branch closings and electronic closings.
• Ability to handle loan applications by phone or internet and enter them into the origination system.

Responsibilities

• Mailing Adverse Action Notices to applicants and uploading related docs.
• Prepare and fund consumer loan closings, ensuring electronic delivery of documents.
• Verify signatures on loan documents and ensure all required documentation is complete.
• Receive and process credit card documents, complete order forms, and route to Operations.

Skills

Loan processing

Document management

Data entry

Customer service

Electronic closings

Tools

Nautilus

Job description

Primary function is the sound processing of new consumer loans. Sound processing includes the review of a member's loan request and gathering all supporting documentation used for the underwriting and funding of the loan. Works directly with Consumer Loan Underwriters and reports to the Consumer Loan Supervisor.

Essential Functions & Responsibilities:

Responsible for mailing of Adverse Action Notices to applicants. Responsible for the upload of all documentation to imaging system as it relates to the adverse action.

Prepares loan documents for in branch closings. Prepares loan documents for and funds all consumer loan electronic closings. During this process, will be responsible for the electronic delivery of documents. Review and confirm that all appropriate signatures have been received on all loan documents, as required.

Responsible for the receipt of credit card documents from the branches on new account promotional credit cards. Once all documents received, complete the credit card order form and upload to Nautilus. The credit card order form will be sent to the Operations Department with instructions to all misc. fields for promotion.

Required to take applications and enter into our loan origination system. Applications may be by phone or internet. This involves making yourself available to answer calls coming into the new consumer loan and underwriting queues.

This is a hybrid position and requires a minimum of 1-2 days per week in office.

At Align Credit Union, we believe in pay transparency and are committed to providing our employees and candidates with access to information about our compensation practices. The expected base pay rate offered for this role is $20.00 - $24.00 per hour. Compensation may vary based on relevant experience, skills, competencies, and certifications.

Monday-Friday 8:00AM-4:30PM
40 hours per week