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Loan Processor I

Company: Transportation Federal Credit Union
Location: Alexandria
Posted on: November 23, 2021

Job Description:

Job DescriptionSTART YOUR CAREER WITH AN ESTABLISHED AND GROWING FINANCIAL INSTITUTION - CAREER DEVELOPMENT & PROMOTIONAL OPPORTUNITIES AVAILABLE! COMPLETE APPLICATION AT or directly at Title: Loan Processor 1Non-Exempt (Overtime eligible)The Loan Processor I assists members with their loan applications, processes and makes loan disbursements.Essential Duties and ResponsibilitiesReviews loan application files to verify that application data is complete and meets credit union standards, including borrower assets, liabilities, and length of employment; recommends that loans not meeting standards be denied.Contacts specified companies to obtain supporting documentation; informs supervisor of discrepancies in loan applicant's information and documentation.Contacts credit bureau and employer to verify accuracy of information.Accurately produces loan documents, reports, and new accounts in a timely fashion, with zero errors.Provide prompt, accurate, courteous, friendly, timely and professional service to all members and Credit Union associatesPrepares file for underwriting; close, organize and complete member loan files; returns call within goals set for response timesCross sell credit union products and services; maintain working knowledge of all loan products and rates, both within the credit union and from the industry overall.Types loan application forms; submits loan application files for approval.Prepares and mails approval and denial letters to applicants.Records data on status of loans, including number of new applications and loans approved, canceled, or denied.Adhere to credit union policies and procedures; stays knowledgeable of and complies with applicable laws and regulations, including BSA/AML and OFAC.Perform other related job duties as assignedBenefits: Health, Dental, LTD, Life, 401(k), vacation, sick and paid holidaysRequired experience: similar or related experience: six months to two years similarHigh School Diploma or equivalentEOE M/F/D/VJob Type: Full-timePay: $20.50 - $21.50 per hour (based on qualifications)Job Type: Full-timePay: $20.50 - $21.60 per hourBenefits:401(k)Dental insuranceEmployee assistance programHealth insurancePaid time offRetirement planTuition reimbursementVision insurancePhysical Setting:OfficeSchedule:Day shiftMonday to FridaySupplemental Pay:Bonus payCOVID-19 considerations:Hand sanitizer at each station and throughout facility. Each employee provided face mask.Education:High school or equivalent (Preferred)Experience:Fair Housing Regulations: 1 year (Preferred)Loan Processing: 1 year (Preferred)Work Location: One location

Keywords: Transportation Federal Credit Union, Alexandria , Loan Processor I, Other , Alexandria, Virginia

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