Loan Processor

This is a remote position. We are currently unable to consider candidates located in the following states: California, Oregon, Pennsylvania, New York, Illinois, and Washington or Outside the United States.
The hours are Monday through Friday 9am-6pm MST and includes one Saturday a month from 8-1 MST.
ABOUT US:
The Savings Group is an innovative FinTech company that is powering finance in the age of mobility. We function as a virtual Finance & Insurance office, finding our customers the perfect lender for their car loan or refinance. This means we're able to solidify our customers' auto loans prior to going to the dealership, and our marketplace of lenders ensures they get the lowest rate available.

SUMMARY:
The Loan Processor is responsible for the overall processing of loans, including general support for business development staff members, loan booking preparations, and loan document preparations. In addition, this position gathers the necessary information to process and complete loan files and examines documents to ensure accuracy and compliance with company underwriting guidelines. The role of a Loan Processor does come with progression. Loan Processors are evaluated on daily/monthly metrics to determine if they are eligible to move tiers thus increasing their daily production. Tier movement leads to further potential for advancement in the Fulfillment Department.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES:

• Understand and demonstrate the principles of AUTOPAY's Mission, Vision, and Values
• Performs clerical and administrative support activities related to obtaining auto loans for borrowers
• Prepares papers and assembles supporting loan documents to obtain loans for borrowers
• Forwards applications for loans via the online portal, and other related documents to management for approval when required
• Receives approval of company and orders preliminary title reports showing financial transactions, conditions, and restrictions upon which vehicle sale are based
• Other duties as assigned.

QUALIFICATIONS:
The ideal candidate must be able to perform the essential functions of the job and have a high school diploma or equivalent required. A minimum of one (1) year of related experience in a consumer loan environment preferred, 2 years of loan processing and 1 year of LOS experience. Knowledge of auto loan concepts, practices and procedures is a plus Must be able to perform a variety of time-sensitive tasks requiring attention to detail.

KNOWLEDGE, SKILLS AND ABILITIES:

• Education: High school diploma or equivalent required. Bachelor's Degree is a plus
• Experience: The ideal candidate must be able to perform the essential functions of the job and have a high school diploma or equivalent required. A minimum of one (1) year of related experience in a consumer loan environment preferred, 2 years of loan processing and 1 year of LOS experience. Knowledge of auto loan concepts, practices, and procedures a plus Must be able to perform a variety of time-sensitive tasks requiring attention to detail
• Language/Communication/Interpersonal: Ability to speak read and write fluent English. Strong verbal and written communication skills, with an emphasis on communication of channel operations. Ability to effectively communicate with all levels of the company. Ability to establish and maintain effective working relationships and objectively coach associates and management through complex issues. Strong organizational and time management skills, including the ability to prioritize and adapt to changing priorities and responsibilities. Strong attention to detail with ability to cross check material for completeness and accuracy
• Analytical: Detail-oriented with the ability to organize, prioritize, and work independently. Strong reasoning and critical thinking skills
• Reasoning Ability: Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving concrete variables in standardized situations
• Technical: Comfort with Microsoft Office, with intermediate Excel ability
• Other: High level of personal motivation, professionalism, and integrity required. Ability to exercise discretion and judgment

COMPENSATION: $24 Per Hour
Benefits

• Paid time off and paid holidays
• 401K Savings Plan
• Four health insurance plan options
• Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA)
• Dental and Vision insurance
• Long- and Short-Term Disability and Life insurance

NON-PHYSICAL DEMANDS
Change of tasks, performing multiple tasks simultaneously, working with others as part of a team, and irregular schedule/overtime may be required at times.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit. The employee is occasionally required to stand; walk; use hands to finger, handle or feel; reach with hands and arms; stoop, kneel, crouch or crawl; and talk or hear. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and the ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

MACHINES, TOOLS, AND EQUIPMENT
A person working in this position can be expected to work with a computer workstation and/or laptop, phone, copier, and fax.

Job description statements are intended to describe the general nature and level of work being performed by employees assigned to this job title. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required.
The Savings Group (including all its subsidiaries: AUTOPAY, RateGenius Loan Services, Inc., and Innovative Funding Services dba Tresl) is an equal opportunity employer. With regard to hiring and promotions, qualified persons will not be denied employment opportunity based on race, color, national origin, religion, sex, sexual orientation, gender identity, marital status, age 40 and over, disability, military status, or genetic information. Any questions or concerns about our EEO policy should be directed to Human Resources
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