Member Business Loan Processor

SESLOC Credit Union; San Luis Obispo (CA); On-site; USD 38,000 - 45,000; Full time

Job summary

SESLOC Credit Union is seeking a Member Business Loan Processor in California to provide member service and support business lending. You will respond to inquiries, assist with applications, and prepare loan documentation while supporting closing and funding activities.

Responsibilities include maintaining loan files, ensuring accurate data entry, and upholding compliance with credit union policies and relevant regulations. Prior experience in lending and documentation is required.

Qualifications

• High school diploma or GED with 2–5 years of lending experience.
• Experience in loan processing, documentation, servicing, or business lending support.
• Experience with business, commercial, or real estate lending transactions preferred.

Responsibilities

• Respond to member inquiries and support business lending.
• Assist with applications, prepare and process loan documentation.
• Support closing and funding activities and maintain accurate loan files.

Skills

Loan processing experience

Education

High school diploma or GED

Job description

At SESLOC, it is the people that make the place. Rooted in academics, and locally headquartered for over 80 years, we are the credit union with the funny name. But to us, financial dreams and goals are serious business.

Job Summary

The Member Business Loan Processor provides member service and supports business lending by responding to member inquiries, assisting with applications, preparing and processing loan documentation, and supporting closing and funding activities. Maintains accurate loan files and records, ensures timely and accurate data entry across applicable systems, and upholds compliance with credit union policies, procedures, and applicable federal and state regulations.

Processes loan applications; gathers and reviews required documentation; prepares business loan documentation; coordinates loan closings, funding, and post-closing activities; maintains loan files and records; tracks insurance, collateral, financial documentation, and other loan requirements; and provides administrative and operational support to the Member Business Lending department.

For a detailed description of job responsibilities, please view the attached job description.

Education/Experience

High school diploma or GED and two to five years of similar or related lending experience required, including experience in loan processing, documentation, servicing, or business lending support. Experience supporting business, commercial, or real estate lending transactions preferred, including loan closings, collateral documentation, and review of entity documentation, ownership structure, signer authority, borrowing authority, and related organizational records. Credit union or financial institution experience preferred. An equivalent combination of education and experience, including time spent in preparatory positions, will be considered.

SESLOC has a collegial, team focused work environment. We offer competitive compensation and excellent benefits including fully paid employee medical, dental, and vision; vacation, sick, holiday time off; and a 401k with generous employer match.

EOE

All job offers extended to final candidates at SESLOC Credit union are conditional pending the successful completion and acceptable results of background checks and signing an Arbitration Agreement as a condition of employment. Background checks include a bond check, a credit check, a criminal history check, reference checks. Signing an Arbitration Agreement is a condition of employment.

Salary: $27.79 - $32.69 per hour