Consumer Loan Specialist

2 weeks ago


Orange, Texas, United States Sabine Federal Credit U Full time
Job Description

As a Consumer Loan Processor at Sabine Federal Credit U, you will play a vital role in assisting with loan requests and providing clerical and administrative support to process and close member loans.

Key Responsibilities:

  1. Input data from loan applications into computers to print loan documents, set loans up in the computer system, and disburse proceeds of the loan.
  2. Verify that all paperwork has been completed properly prior to releasing the funds.
  3. File all title work and lien contracts with proper authorities.
  4. File all title work and lien documentation with the loans.
  5. Assist in obtaining paid-in-full loan paperwork and releasing titles and liens.
  6. Disburse funds to members and businesses as directed by the loan officer.
  7. Maintain records for all loan related transactions.
  8. Be able to calculate N.A.D.A. values and boat values.
  9. Check loans processed by other processors, for errors, on a weekly basis.
  10. Assist with MasterCard program and be able to answer member questions, process payments, and maintain MasterCard accounts.
  11. Separate and distribute documents from paid-off loans.
  12. Process paid loan report on weekly basis.
  13. Process wires for loans and members as needed.
  14. Maintain and update Collateral Protection Insurance site for all loans requiring proof of insurance. Assist members on the phone and in person with insurance related questions.
  15. Perform loan corrections as needed.
  16. Perform loan research as needed.
  17. Take ACH requests from members over the phone or in person.
  18. Take payment requests from members over the phone or in person and process the payment.
  19. Assist with GAP claims to CUNA and dealership GAP, when needed.
  20. Produce reports required by Vice President of Consumer Lending from data processing system.
  21. Perform other duties as assigned.

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