- Coordinates with consumer loan applicants in person, by phone and/or electronically and assists member in providing information, answering questions, and completing loan application.
- Ensures that all members and potential members feel welcomed to the Credit Union and are supported professionally in the process.
- Requests and reviews all required information and documentation to secure a consumer loan and researches discrepancies.
- Interviews and originates potential consumer loan applicants for approval and/or denial.
- Answers questions for members throughout the process. Explains the loan process to include loan options, insurance required on Credit Union loan products, loan policies, interest rates, payoffs, etc.
- Prepares credit investigation and verification for related applications.
- Verifies contents and completion of approved loan folders and inputs on the computer system.
- Maintains a filling system and procedures to monitor that the required documentation is received in a timely manner and maintained appropriately and according to policies and procedures.
- Closes approved loans; completes all necessary loan documents to close the file; and prepares payroll designation and all other related documents to bring to completion.
- Processes daily mail payments for consumer loans, when assigned.
- Informs members of Credit Union products and services, explaining features and benefits; cross-sells products and services when appropriate and within scope of responsibility.
- Functions as needed to positions within the Loan Origination/Servicing Department as required.
- Cross-trains and performs all positions within the Loan Department.
- Responsible to maintain and control lending file folders.
- Coordinates documentation and maintains up-to-date files.
- Provides backup support for Lending Reception desk and related department mailings.
- Attends training sessions upon request.
- Adheres to the anti-money laundering policy and the Bank Secrecy laws.
- Assumes other duties as new products, services, or technology are introduced.
- Professional and pleasant interpersonal and communication skills are essential for servicing Credit Union members and projecting a positive image as representative for the Credit Union.
- Position requires general knowledge of all Credit Union products and services as well as credit procedures.
- Requires education equivalent to a four-year high school education. Proficiency with computer software applications including Word and system applications is required.
- Position requires two years of experience in a bank, Credit Union, or mortgage company.
- Position requires the ability to read and understand oral and written instructions. Requires the ability to effectively communicate with members or employees and to solve day-to-day problems involving several variables in standard situations.
- Intermediate mathematical skill required (adding, subtracting, multiplying, dividing, percentages, interest).
-
Consumer Loan Processor
2 weeks ago
Mass Bay Credit Union Boston, United States**Primary Function**: · Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members and potential members in the lending process. Prepares, analyzes, processes, and d ...
-
Loan Servicing Processor
4 weeks ago
Woodsville Guaranty Savings Bank Haverhill, United StatesThis is an on-site position located in Woodsville, NH Woodsville Guaranty Savings Bank is seeking a Loan Servicing Processor to join our Loan Servicing team. While job specific experience is preferred, we would be willing to train the right candidate with experience related to op ...
-
Consumer Loan Processor
3 weeks ago
TruStone Financial Credit Union Plymouth, United States Regular, Full time· WHO WE ARE: · TruStone Financial is a full-service, member-owned credit union that provides simple yet competitive financial tools to empower our members' financial well-being. Founded by teachers in 1939, TruStone Financial has since grown to the second-largest credit union i ...
-
Automotive Sales Manager
5 days ago
Herb Chambers toyota Boston, United States Full timeJob Description · Herb Chambers BMW of Boston is looking for an Automotive Sales Manager. If you have the horsepower to join a fast paced environment and hit our high standards - apply today · Applicant must be well versed in Secondary Financing and Desking · Job Purpose: · Assis ...
-
Teller- Part Time
2 days ago
Mass Bay Credit Union South Boston, United States Part timeChoosing Mass Bay Credit Union means choosing to be a part of a community that cares about each other and about you. · Primary Function: · Under the supervision of the Supervisor and the Department Manager, p erforms a variety of transactional and related duties to serve members ...
-
Mortgage Loan Closer
4 hours ago
MIT Federal Credit Union Cambridge, United StatesJob Description · Job DescriptionSalary: · POSITION SUMMARY · Coordinates mortgage closings with all parties, including attorneys and title companies to complete the transaction for purchases and refinances nationwide. Candidate would be responsible for examining title policies ...
-
Mortgage Loan Officer- Cambridge MA
2 weeks ago
TD Bank Cambridge, United StatesWork Location: · Cambridge, Massachusetts · Hours: · 40 · Pay Details: · $ $15.00 USD · TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in ...
-
Teller- Part Time
3 weeks ago
Mass Bay Credit Union Everett, United States Part timeChoosing Mass Bay Credit Union means choosing to be a part of a community that cares about each other and about you. · Primary Function: · Under the supervision of the Supervisor and the Department Manager, performs a variety of transactional and related duties to serve members b ...
-
MLee Healthcare Harvard, United StatesJob Description · Job DescriptionASCP Hisotechnician · Tuition Reimbursement Student Loan Repayment Sign-on Bonus · Location: Greater Chicago, IL · Job Description: We are seeking a skilled and passionate Histologist to join our team. As a Histologist, you will play a critical ...
-
Mortgage Underwriters
3 weeks ago
MSA Mortgage Winthrop, United States**As a Mortgage Underwriter your responsibilities include but are not limited to**: · - Review and evaluate information on mortgage loan documentation to determine if borrower and/or property meet loan standards · - Complete a thorough analysis of loan files to determine complian ...
-
Teller- Part Time
2 days ago
Mass Bay Credit Union Quincy, United States Part timeJob Description · Job DescriptionChoosing Mass Bay Credit Union means choosing to be a part of a community that cares about each other and about you. · Primary Function: · Under the supervision of the Supervisor and the Department Manager, performs a variety of transactional and ...
-
Automotive Sales Manager
5 days ago
The Herb Chambers Companies Lynnfield, United States Full timeJob Description · Herb Chambers Flagship Motorcars is looking for an Automotive Sales Manager. If you have the horsepower to join a fast-paced environment and hit our high standards - apply today · The Herb Chambers Companies represent the greater metropolitan areas of Boston M ...
-
Digital Banking Specialist
3 weeks ago
Needham Bank Needham, United StatesJob Description · Job DescriptionJob Summary: Under the direction of the VP Digital Banking OAO Manager, originate, process, and service the digital banking portfolio including account origination, maintenance, servicing, and reconciliation in accordance with state and federal re ...
-
Automotive F
2 weeks ago
Herb Chambers Burlington, United StatesJob Description · The Herb Chambers Companies have been honored by The Boston Globeconsecutively as one of The Top Places to Work in Massachusetts · Herb Chambers Audi Burlington has an opening for an experienced Finance Manager at a high-volume dealership · Job Purpose: · Pr ...
-
Automotive Finance Manager
2 weeks ago
Herb Chambers Lynnfield, United StatesJob Description · Herb Chambers Flagship Motorcarsis looking for an Automotive Business Manager. If you have the horsepower to join a fast-paced environment and hit our high standards - apply today · The Herb Chambers Companies represent the greater metropolitan areas of Boston ...
-
Automotive Finance Manager
5 days ago
Flagship Motorcars Lynnfield, United StatesHerb Chambers Flagship Motorcars is looking for an Automotive Business Manager. If you have the horsepower to join a fast-paced environment and hit our high standards - apply today · The Herb Chambers Companies represent the greater metropolitan areas of Boston Massachusetts, Pr ...
-
Payroll Processor
3 days ago
Variety Staffing Watertown, United States**Title**: Payroll Processor · - Enter and process weekly U.S. payroll within ADP Workforce Now. · - Time off requests, 401k contribution/loan changes, garnishments/support orders, special pays, adjustments/manual checks, etc. · - Create and maintain payroll schedules (severances ...
-
Residential Lending Processor
3 weeks ago
Rockland Federal Credit Union Rockland, United StatesJob Description · Job DescriptionResidential Lending Processor · Rockland Federal Credit Union (RFCU) is searching for a Residential Lending Processor to join our Residential Lending team. This role will take your residential mortgage processing experience to the next level · Abo ...
-
Finance Manager
5 days ago
Open Road Auto Group Bridgewater, United StatesAutomotive Finance / Business Manager · Top finance position for qualified candidate with a proven track record in the automotive industry. Commission, salary and excellent benefits package. · Job Purpose: · Provides insurance and financing services to automotive customers by ...
-
Financial Aid Coordinator-PT
2 weeks ago
Curry College Milton, United States· Financial Aid Coordinator-PT · The Financial Aid Coordinator (FAC) is a member of the Financial Aid Department residing within the Office of Student Financial Services. The FAC provides superior service about all aspects of student financial matters including financial aid, f ...
Consumer Loan Processor - Boston, United States - Mass Bay Credit Union
Description
Job Description
Job DescriptionPrimary Function:
Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members and potential members in the lending process. Prepares, analyzes, processes, and documents all required forms and documentation for consumer loan products. Provides member and departmental support for all aspects of consumer loan and consumer loan servicing within the Credit Union. Handles all member transactions with complete discretion and confidentiality.
Essential Duties and Responsibilities:
Note: The above is a description of the ordinary and essential duties of the position. Other duties both related and unrelated to the above may be assigned and therefore required.
Knowledge, Skills, and Experience Required:
Disclaimer:
The above information on this position has been designed to indicate the general nature and level of work performed by employees within its classification. It is not designated to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Job Posted by ApplicantPro