Loan Processor

Job Summary:

The primary function of the Loan Processor is to ensure the timely and accurate review of all required member documents to assist with the scheduling of closings for all consumer loan products.

Our mission is "To provide quality financial solutions and world class service to our members, while delivering our social commitment in the communities we serve."

Our core values:

Member-Focused

We ensure our members are the first priority.

Employees

We value the contributions our employees make to our organizational family.

Collaborative

We foster teamwork as we explore new opportunities, solve problems and ensure that we exceed member expectation as we stay true to our mission.

Diverse and Inclusive

We support diversity and inclusion in a respectful manner across all activities.

Accountability

We take responsibility for our work; we take the extra step and take ownership of all member and nonmember concerns.

Results

We deliver a successful and compliant business model for our employees, members and our communities.

Community Action

We provide social responsibility to our communities.

Essential Duties and Responsibilities:

• Verifies accuracy of loan documents including income verification, insurance, payoffs, purchase orders, and other documentation as required by underwriter.
• Ensures member loan documents are complete, accurate, and in compliance with underwriting requirements for approval.
• Process home equity loans including providing required disclosures in a timely manner, ordering property searches, property valuations, and title reports as needed.
• Review vendor reports for accuracy and address any issues with underwriter for direction.
• Communicates with staff and/or members for any items needing correction or clarification.
• Updates loan origination system as needed with most accurate information based on documentation review.
• Works closely with Lending team to communicate any questions or concerns regarding documentation requested. Follow up as directed by underwriter.
• Provides staff with confirmation all required documentation is reviewed and approved and loan may proceed to schedule for closing.
• Performs any additional duties/activities assigned by leadership.
• Stays current on all Federal loan regulations and credit union policies, completes annual Safe Act training
• Participates in available credit union self-development education programs and any required compliance courses.
• Adheres to the FHCU Service Standards as established.
• Performs other duties or special projects as required or as assigned by a supervisor.

Qualification Requirements

Educational/Training Requirement:

• High School Diploma or GED

Experience:

• None

Knowledge, Skills, and Abilities:

• Basic knowledge of credit union lending policy
• Basic computer skills and data entry
• Excellent oral and written communication skills as well as interpersonal skills.
• Ability to interact with others in a team environment.

Physical Requirements:

The physical demands require a person to remain seated up to eight (8) hours per day and perform repetitive hand movements on a keyboard.

Americans with Disabilities Act (ADA):

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job duties of the position. If you need to request and accommodation please contact Talent Services at 856-232-9000 ext. 5104 or via email to TalentServices@firstharvestcu.com.

First Harvest Credit Union is an Equal Opportunity Employer/Veterans/Disabled