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The Consumer Loan Processor is responsible for reviewing, processing, and funding direct and indirect consumer loan applications while maintaining high service standards. This role ensures accuracy, compliance, and efficiency throughout the loan lifecycle and contributes to process improvements that enhance the overall member and customer experience.
Job Responsibility:
Review loan applications and documentation for completeness and accuracy
prepare final loan packages for funding
Enter and verify loan funding data in the loan origination system to ensure compliance with lending policies and procedures
Disburse loan proceeds and perform required system updates and maintenance
Issue required disclosures in accordance with Truth in Lending, RESPA, and other applicable regulations
Use multiple systems to respond to inquiries from dealers, staff, and members regarding pending or existing loan applications
Follow up on outstanding documentation for both direct and indirect loan applications to ensure timely processing and customer satisfaction
Recommend process improvements to enhance efficiency and reduce operational waste
Adhere to all organizational policies, procedures, and regulatory requirements
Participate in required training, including compliance-related programs
Support organizational initiatives by demonstrating professionalism, teamwork, and a commitment to service excellence
Maintain regular and reliable attendance
Requirements:
High school diploma, GED, or state‑recognized equivalent required
Minimum 1 year of customer service experience in a financial institution preferred
Experience in consumer lending or loan processing preferred
Strong interpersonal skills and ability to interact positively with customers and internal partners
Ability to read, interpret, and apply policies, procedures, and loan documentation requirements
Comfortable working in a fast‑paced environment with varied customer and vendor interactions
Problem‑solving mindset with the ability to identify improvements using structured methodologies
Effective verbal and written communication skills
Ability to apply basic mathematical concepts accurately
Strong attention to detail and commitment to accuracy