Consumer Loan Processor - Lenexa

Company Expectations

In the performance of their respective responsibilities, all employees are expected to perform the following:

·         Predictable and reliable attendance as required to successfully perform the duties of the position.

·         Interact professionally with all employees, members and general public.

·         Ability to perform job expectations in an accurate and efficient manner.

·         Complete required new hire, on-the-job and additional training as indicated by management and company policy.

·         Comply with all Mainstreet Credit Union policies and procedures as communicated in the Employee Handbook or elsewhere.

Position Overview

The Consumer Loan Processor is responsible for assisting the credit union loan officers or dealers in the processing of loans. Specifically, this position will be the primary processor and funder of consumer loans including Indirect, Direct and Home Equity.

Major Responsibilities

1.       Gather and audit indirect loan packages. Ensure compliance with underwriting stipulations. Communicate with dealers to resolve issues. Book loans to the operating system and disburse loan proceeds to the dealer. Quote payoffs and participate in business development opportunities with dealers.

2.       Create closing documents for home equity loans. Collaborate with loan officers in the communication with members regarding the process and the follow-up to obtain required paperwork.  Fund and disburse loans. Track and review recorded mortgages.  Perform file review of new loans.  Ensure that proper insurance coverage is secured prior to closing.  Manage the expiring credit line process.

3.       Ensure regulatory loan documents and home equity disclosures are provided to the borrower within time frame guidelines.  

1.       Order third party reports for home equity loans including Flood Certifications and Owner & Encumbrance reports. Review reports to ensure the credit union’s risk exposure is limited.

2.       Assist in compiling monthly reports and act as a resource to lending staff.

3.       Completion of appropriate Credit Union “in house” resource curriculum that covers such areas as cross selling, other lending functions, credit union philosophy and other pertinent subjects relating to this position.

4.       Other duties as assigned.

Required Qualifications

·         High school diploma required.

·         Minimum of two years’ experience with loan and real estate documentation.

·         Open minded attitude.

·         Ability to show initiative.

·         Good judgment skills.

·         Ability to manage multiple time sensitive tasks.

·         Display effective communication skills, both oral and written.

·         Excellent relationship building skills.

·         Display pride in work.

·         Basic computer skills.

·         Experience with loan origination software.

·         General office equipment.

Preferred Qualifications

·         College degree preferred.

Physical Requirements

Regularly required to talk and hear. Frequently required to stand, sit, walk, use hands