Consumer Loan Processor/Funder

Lafayette Federal Credit Union
Rockville, MD
Jan 18, 2022
Jan 21, 2022
Accountant, IT
Full Time
Job Type Full-timeDescription*Teleworking capabilities due to the COVID-19 Pandemic* *ONLY HIRING IN DC, MARYLAND AND VIRGINIA*Lafayette Federal Credit Union has been dedicated to providing the highest level of service to our members since 1935. We understand that in order to give the best to our members we must give the best to our team. As an institution, we are committed to the success of each employee and the betterment of our community. We are proud of our competitive pay and attractive benefits package that provides those with Lafayette Federal careers the resources needed to manage their heath, promote their well-being, and help plan an exciting future. About the PositionIn the role of Consumer Loan Processor/Funder, under general supervision, you will be expected to follow established policies and procedures while providing administrative support to the processing, closing, post-closing and servicing activities of the Consumer Lending Department. In this role, you will also get the chance to work with talented and knowledgeable individuals in the Credit Union community and is an excellent opportunity for proactive and motivated individual looking to hone his/her business savvy.In this position, you will: Prepare, collect and review documentation as well as close loan packages/loan filesManage loans that will be assigned to you to ensure that exceptional service standards as well as financial goals are metReview the applications received from loan underwriters and verify the information for accuracy Review closing documents for accuracyPrepare loan closing documents and executes closing of loans. Prepare and upload/merge all closing document packages Identify and review problems in order to take corrective action; communicating with managers and requesting assistance as neededBe responsible for the thorough knowledge of consumer loan products, policies and proceduresBe responsible for understanding and complying in an accurate and timely basis with all Bank Secrecy Act/Anti-Money Laundering/OFAC requirements that pertain to your position at LFCU and as directed by management and/or the Vice President of Compliance.Perform other support and/or miscellaneous administrative duties as assigned. RequirementsQualified candidates will have the following:A positive credit standing Experience Two years to five years of similar or related experience.A high school education or GED. Interpersonal Skills: Work normally involves contacts with persons beyond immediate associates generally regarding routine matters for purposes of giving or obtaining information which may require some discussion. Outside contacts take the form of service to the public (members or vendors) requiring ordinary courtesy in providing assistance and information. Physical Requirements and Work Environment: This position requires manual dexterity, the ability to lift files and open cabinets.This position requires bending, stooping or standing as necessary.This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.Lafayette Federal Credit Union is committed to the health and safety of our employees, volunteers, and members. As such, we will require that all newly hired members of our team be COVID vaccinated two weeks prior to their first day of work. In accordance with applicable laws, we will consider exemptions to this requirement.*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer*EOE/AA/DISABILITY/VETERAN