Indirect Loan Processor: Efficient Closings & Compliance

Five Star Bank; City of Rochester (NY); Hybrid; USD 37,440 - 43,680; Full time

Benefits offered by this job

Health Insurance

Tuition Reimbursement

Flexible Hybrid Schedule

Paid Time Off

Job summary

Five Star Bank is seeking an Indirect Loan Processor to manage loan applications from branch staff and indirect dealers, ensuring accuracy and compliance for underwriter review. The role requires strong communication, organization, and detail orientation within a hybrid work setting.

Responsibilities include processing direct and indirect loan applications, preparing closing documents, and maintaining documentation accuracy across systems while delivering Five Star Bank's customer-focused

Qualifications

• Education: High School Diploma or equivalent.
• Prior Experience: 1+ Years Type: Loan Processing
• Strong verbal and written communication skills.
• Strong organizational skills with the ability to multitask and prioritize to meet deadlines.
• High level of attention to detail with the ability to follow detailed procedures and ensure accuracy.
• Responds to requests for information in a timely and professional manner.

Responsibilities

• Receives direct loan applications from branch staff and verifies system information to paper copy for completeness and accuracy in preparation for Underwriter review.
• Reviews documentation to ensure that loans follow established bank procedures and compliance regulations. Prepares additional forms as required.
• Prepares direct loan closing documents for branch locations, assuring accuracy and completeness of all necessary closing items.
• Receives indirect loan applications from dealers to enter into the system in preparation for Underwriter review.
• Verifies indirect closing documentation to system information and updates as necessary.
• Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders.

Skills

MS Office

Verbal communication

Written communication

Organizational skills

Attention to detail

Education

High School Diploma or equivalent

Tools

Microsoft Office

Job description

Five Star Bank is seeking an Indirect Loan Processor to manage loan applications from branch staff and indirect dealers, ensuring accuracy and compliance for underwriter review. The role requires strong communication, organization, and detail orientation within a hybrid work setting.

Responsibilities include processing direct and indirect loan applications, preparing closing documents, and maintaining documentation accuracy across systems while delivering Five Star Bank's customer-focused