Precision-Driven Consumer Loan Processor

S&T Bank; Indiana (PA); On-site; USD 21,000 - 41,000; Full time

Job summary

S&T Bank seeks a ratings-focused Consumer Lending Operations specialist to process and verify consumer loan applications, ensuring compliance with banking regulations and internal policies. You will verify data, assess risk, and prepare required disclosures across the loan lifecycle.

Responsibilities include data integrity, document review, and collaboration with underwriting and Retail Bankers to resolve issues, while maintaining records and contributing to process improvements.

Qualifications

• Requires a high school diploma or equivalent basic education.
• Experience with consumer lending and regulatory knowledge is preferred.
• Must be capable of identifying potential fraud or misrepresentation during loan processing.

Responsibilities

• Update and verify accuracy of data input into consumer loan origination software.
• Analyze loan-to-value ratio, debt-to-income, credit report, and supporting documentation for fraud risk.
• Ensure all required documentation is attached to the loan origination software before underwriting.
• Review equity applications to ensure third-party reports are ordered and disclose packages within 3 business days.
• Review application and credit report for mismatches and fraud indicators.
• Verify and distribute reports (Title Searches, Tax Certifications, Flood Determinations, Appraisals) per loan approval.
• Maintain the Appraisal General Ledger daily.
• Assist Retail Bankers with questions about the loan process and conditions for underwriting.
• Maintain proficiency with loan origination software, MS Office, and core banking systems.
• Stay updated on banking laws and company underwriting policies; pursue relevant certifications when appropriate.
• Maintain positive relationships with coworkers, vendors, and customers; work independently and in teams.
• Perform additional duties as needed.

Skills

Consumer lending knowledge

Regulatory knowledge

Fraud detection

Data entry accuracy

Attention to detail

Education

High school diploma or equivalent

Tools

Loan origination software

Documentation software

Microsoft Word

Microsoft Excel

Microsoft Outlook

FIS core system

Imaging system

Vendor software

Internet research

Job description

S&T Bank seeks a ratings-focused Consumer Lending Operations specialist to process and verify consumer loan applications, ensuring compliance with banking regulations and internal policies. You will verify data, assess risk, and prepare required disclosures across the loan lifecycle.

Responsibilities include data integrity, document review, and collaboration with underwriting and Retail Bankers to resolve issues, while maintaining records and contributing to process improvements.