Loan Processor I
On-siteCharlotte, North Carolina, United States or Greenville, South Carolina, United States
Job Summary
Process consumer and possibly residential loans from application to approval by evaluating borrower profiles, analyzing income documentation, and verifying credit, employment, and property valuations. Review disclosures for compliance, identify fraud alerts, and coordinate closing dates with lenders and settlement agents while maintaining communication with borrowers throughout the process. Manage pipelines to ensure timely execution of duties and adhere to federal and state banking regulations including BSA, AML, and fair lending laws. Maintain confidentiality of sensitive information and complete mandatory annual compliance training.
Required Qualifications
- High school diploma or equivalent
- 2+ years of retail banking or related field with exposure to Consumer and/or residential lending
- Familiarity with all federal and state banking regulations, including the Bank Secrecy Act and the USA Patriot Act
- Familiarity with all federal and state banking regulations pertaining to lending and consumer compliance, including fair lending laws
- General knowledge of bank deposit and investment products and services
- Thorough knowledge of mortgage program, loan policies, and loan processing functions and related requirements and procedures
- Proficient in Excel, Word, Outlook, with the ability to learn other mortgage-related software programs
- Excellent attention to detail, and above average organizational and communications skills
- Focus/desire to serve customer needs, and provide excellent customer service
Desired Qualifications
- Previous consumer loan or mortgage processing experience
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