Loan Processor
Hightstown , New Jersey
November 18, 2017
Job Description Branch ID:2278


Reporting to the Manager of Consumer Loans; this position is responsible for acquiring and validating the accuracy of all indirect auto and student loan applications. Processes indirect and from time-to-time direct loan applications, as well as performs a variety of support duties related to the lending area.

Essential Job Duties:

  • Processing and examining all loan file documentation, including applicant information, credit reports, contracts, verification of income, insurance, stipulated items, and preparing application for submittal to underwriting.

  • Communicating and following up with members, vendors, internal/external staff via email, phone, and/or in person.

  • Disbursing funds to the appropriate types of GLs as required.

  • Restructuring loan applications if criteria meet CU policy and program guidelines

  • Preparing wiring instructions and funding sheets

  • Entry of loan information on Meridian link and core system

  • Assisting with onboarding of new members to credit union (including mail, email, telephone, and/or in person)

  • Assisting with processing consolidated student loans and collecting required documentation in accordance with contracted guidelines and State and Federal Regulatory requirements.

  • Collaborating with other departments to set up memberships

  • Issuing GAP insurance as needed on auto loan applications

  • Resolving any member inquiries and/or issues on loans

  • Assisting with research and audit preparation for indirect loan applications

  • Program Administrator as additional insurance programs become available

  • Archiving, scanning, and filing

  • Reporting and loan maintenance responsibilities

  • Other duties assigned by management

  • Job Requirements �Bachelor�s Degree preferred
    �Three to five years of equivalent working experience in a financial institution
    �Proficiency in Microsoft Office (Word, Excel, Outlook, PowerPoint)
    �LendKey and Meridian Link experience strongly preferred
    �Must be detailed-oriented with excellent interpersonal, communication, and customer service skills

    To apply, please send your resume to

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