Remote Consumer Loan Specialist

Mayo Employees Federal Credit Union; United States; Remote; USD 30,000 - 32,000; Full time

Benefits offered by this job

Remote work allowed

Job summary

Mayo Employees Federal Credit Union in Rochester, MN is seeking a Consumer Loan Processor to assemble and verify loan documentation, input data, and prepare papers for signatures. This full-time role offers a Monday–Friday schedule with occasional Saturday hours and a starting hourly rate of $22–$23 based on experience.

The position supports loan processing from application through disbursement, with duties including document review, data entry, file maintenance, and ensuring accuracy of

Qualifications

• High school diploma or equivalent and at least 1 year of experience in a financial institution.
• Bondable by MEFCU’s insurance policy.

Responsibilities

• Processes consumer loans and ensures accuracy and completeness: verifies documentation for approved and unapproved loans.
• Ensures loans are properly documented, closed, disbursed, and filed.
• Maintains loan files and supporting documents; purges outdated files.
• Reviews disbursed loan files for necessary paperwork, signatures, and loan details.
• Disburses checks, drafts, and vouchers on approved loans.
• Verifies insurance on collateral and analyzes title issues.

Skills

Attention to detail

Interpersonal communication

Time management

Organizational skills

Education

High school diploma or equivalent

Job description

Mayo Employees Federal Credit Union in Rochester, MN is seeking a Consumer Loan Processor to assemble and verify loan documentation, input data, and prepare papers for signatures. This full-time role offers a Monday–Friday schedule with occasional Saturday hours and a starting hourly rate of $22–$23 based on experience.

The position supports loan processing from application through disbursement, with duties including document review, data entry, file maintenance, and ensuring accuracy of