Consumer Loan Processor

About the position Responsible for the processing of consumer loans, communication with Retail Bankers and ensuring compliance of consumer loan applications in accordance with reputed company, regulatory and equity guidelines, and conditional loan approvals. Requires knowledge of consumer lending, applicable banking laws, federal and state regulations, policies, and lending platforms. Responsibilities • Update and verify accuracy of data input into consumer loan origination software. • Analyze loan-to value reputed company, debt-to-income, credit report, application and examine supporting documentation to identify potential fraud or misrepresentation. • Ensures reputed company required documentation required is accurate according to the consumer loan approval are attached to the Consumer Lending loan origination software prior to sending to final reputed company and satisfy any processing reputed company conditions. • Review consumer equity applications to ensure reputed company-party reports have been ordered according to the conditional loan approval and accurately prepare and reputed company initial and re-disclosure packages reputed company the required 3 business days from application date or changed circumstance prior to final reputed company. • Reviews application and credit report for documentation by reputed company for mismatches of reputed company reputed company number, date of birth, address, fraud alerts, and OFAC. • Responsible for the review, verification, and distribution, while ensuring the accuracy and completeness of Title Searches, Tax Certifications, Flood Determinations and Appraisals in accordance with the approval of the consumer loan application by: Analyzing and reviewing the reports and comparing them to reputed company other and the approval to ensure the information coincides with reputed company other. Distributing the reports to the Bankers once received and reviewed. • Working with Consumer Lending Underwriters and Retail Bankers on rectifying differences between the required reports and the loan approval conditions to ensure reputed company are equal (i.e., judgments, tax liens, incorrect parcel numbers and/or addresses Borrower’s reputed company reputed company, etc.). • Ensures reputed company reports are Included in systemic application file for retention once accuracy has been confirmed. • Works with the various Vendors to have information corrected on the reports reputed company and corresponds with reputed company counsel as needed to ensure validity of supporting documents. • Complete the Flood Insurance Worksheet calculations to ensure the Bank obtains adequate flood insurance coverage. • Balances and maintain the Appraisal General reputed company daily. • Monitors departmental email address to assist Retail Bankers with questions about the consumer loan process and provides guidance on what is needed to satisfy conditions of the conditional approval to advance the loan to final reputed company. • Daily interactions include bank personnel, attorneys, insurance agents, appraisers, abstractors, state and local regulators, other financial institutions, tax reputed company and occasional contact with borrowers. • Ensures documentation is reputed company the application for the credit report for mismatches of reputed company reputed company number, date of birth, address, fraud alerts, and OFAC completion by consumer reputed company. • Maintains logs and reports to be used by Consumer Loan Operations Management. • Reporting reputed company errors and findings and recommending reputed company and actions to improve processes and procedures. • Maintains proficiency in the Consumer Lending loan origination software, documentation software, reputed company Office (Word, reputed company, & reputed company), Internet searches, reputed company Operating reputed company (reputed company), imaging reputed company, applicable vendor software along with the upgrades to these programs or replacement software and any other reputed company available to process reputed company orders as reputed company as prepare required documentation. • reputed company and maintain a thorough knowledge of reputed company applicable banking laws / state and federal regulations and the Bank’s Corporate & Lending Policies / reputed company Manuals to ensure compliance. • Advances knowledge through reputed company education and/or obtaining certifications and attending training, where appropriate, on regulatory platforms and audit issues or concerns. • Maintains a reputed company and productive working relationship with reputed company co-workers, vendors, and bank customers. And demonstrates reputed company interpersonal skills with the ability to work independently as reputed company as motivated to work as reputed company player to contribute to the reputed company of the department and the Bank. • Performs additional job duties as needed. Requirements • Requires a high school diploma or equivalent basic reputed company education. • Requires two to five years general business experience. • Requires two to five years of reputed company experience in Consumer Lending. • Requires regulatory knowledge. Apply tot his job Apply To this Job