Loan Processor

Loan Processor



Required Education:

• High School diploma or equivalent



Required Qualifications:

• Consumer Loan Processing experience – Prefer Auto Loan

• Excellent verbal and written communication

• Multi-tasking in fast paced environment

• Previous experience processing credit applications and decision of credit and assessing risk of applicants



Responsibilities:

• Process and decision credit applications and assess risk of applicants consistent with Loan Processing policy

• Underwrite consistent with our fraud processes, applying override rules and adjudicating the correct promotions

• Make sure all personal and dealer information is logged into the system correctly and accurately with a high attention to detail

• Adjudicate credit decision within service level agreement (SLA) time range of receipt of application

• Field and service dealer/customer client questions relating to underwriting, operational or procedural details

• Provide various direct mailings of current programs to dealers as needed in an effort to develop relationships

• Carry out dealer penetration and relationship building campaign initiatives tele-consulting, dealer meetings and open houses

• Maintain working knowledge of the products that finances and knowledge of manufacturer’s suggested retail prices (MSRP).

• Assist management and other departments as needed with periodic operational, clerical, regulatory and customer service initiatives which do not violate separation of duties principles

• Assist in managing fraud and mitigating Bank Secrecy Act / Anti-Money Laundering (BSA/AML) risk by following approved policies

• Follow underwriting and scorecard processes to include properly documenting accounts using the correct mitigating factors.

• **Only those lawfully authorized to work in the designated country associated with the position will be considered.**

• **Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements.**