(FT) Consumer Loan Processor

7 days ago


Oklahoma City, United States Allegiance Credit Union Full time
**A completed job application is required for consideration of employment.**

Consumer Loan Processor

Full-Time

Role:

Responsiblefor assisting and supporting the consumer loans sales team in the originationof consumer and indirect loans. Support Consumer Lending Department byprocessing loans, from post-approval to post-funding, adhering to the creditunion's lending policies and procedures. Organization, attention to detail, andan ability to meet deadlines in a fast-paced environment are crucial forsuccess in this position. Attendance is an essential function of performing theduties of this job.

EssentialFunctions & Responsibilities:

25% - Identifiesmissing, incomplete, or invalid information on assigned loan applications inour LOS and works with Consumer Loan Officers, Dealers, and/or applicants tocorrect the issues. Prepares consumer loan documents for closing. Funds loansafter receiving a signed loan agreement. If applicable, prepares new accountdocuments and opens new account at the time of funding.

20% - Qualitycontrol directs consumer loan files for completeness, accuracy, and compliancestandards. Prepares completed loan files for audit and scans completed loanpackets into document storage system as requested.

15% - Processestitle work by placing liens, releasing liens, and obtaining third-party lienreleases if applicable.

15% - Makes andreceives calls for members, dealers, and internal staff for various lendingsupport items and performs maintenance on loans as requested and required.Processes daily, weekly, and monthly reports.

10% - Completesfollow-up items as needed post-approval. Communicates directly with theborrower or third parties to collect documents, such as: income verification,identification documents, loan payoff quotes, copies of titles, and vehiclePOAs. Provides borrowers with pre-approval letters.

5% - File claimsfor ancillary products such as GAP, warranty, payment protection, andcollateral protection insurance. Process letter of guarantees for third-partyinsurance companies on total losses.

5% - Pay sightdrafts and follow up with dealers on outstanding drafts.

5% - Performsother job related duties as assigned.

ALLEGIANCE CREDIT UNION is an EEO employer - M/F/Vets/Disabled

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