Consumer Loan Processor performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Consumer Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Consumer Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Processor works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
South Ottumwa Savings Bank
Loan Specialist/Loan Processor at our Church Street location in Ottumwa, IA.
Are you an experienced loan processor looking to make a job change? South Ottumwa Savings Bank is seeking a Loan Support Specialist/Processor for Ag and commercial loans. . This position entails working with loan officers/originators and ordering items needed for processing and closing loans. Responsible for verifying applications and other data for completeness and accuracy, inputting loan information into bank approved software (Laser Pro), printing documents, and reviewing & verifying loan files to ensure completion and availability of necessary paperwork. Assumes responsibility for loan files and documentation from receipt through closing. Ensures application and documents meet established standards, applicable regulations and bank procedures.
Qualifications: Previous loan processing experience. Experience using LaserPro software preferred. High school diploma or equivalent. College degree or related coursework in a business related field or completion of a specialized and extensive in-house loan processing training program. Ability to analyze documents. Excellent verbal and written communication skills. Interpersonal skills including tact, diplomacy, courtesy and patience are essential. Proven track record of accuracy and prioritizing workload to meet established guidelines in a fast paced environment. Computer usage experience with aptitude for using applications to facilitate loan processing duties.
We offer a competitive benefit package including health, dental, vision, life insurance, short term disability and long term disability insurance options as well as a generous 401K plan with employer match, 11 paid holidays and paid time off.
Please send a resume and letter of application to:
South Ottumwa Savings Bank
Attn: Human Resources
PO Box 516
Ottumwa, IA 52501
SOSB is an Affirmative Action/Equal Opportunity Employer (AA/EOE). We provide equal employment opportunities without regard to any status protected by federal, state or local law.
EEO/Vet/Disabled
Job Type: Full-time
Pay: $16.35 - $26.44 per hour
Expected hours: 40 per week
Benefits:
Schedule:
Experience:
Work Location: In person
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