Consumer Loan Processor - #Hybrid

In this role, you will manage the loan application process from start to finish, ensuring documents are complete, accurate, and compliant with regulatory standards. Collaborate with team members such as loan consultants, underwriters, wholesale partners and dealers, to ensure loan stipulations are received and reviewed for accuracy. Document any exceptions to standard processing procedures.

Responsibilities

• Collect and review required loan documentation for loan closing
• Review income verifications and calculate income in accordance with Alliant procedures, including loan contracts, as needed to confirm compliance with Alliant policies
• Follow title perfection procedures to secure Alliant’s legal interest in the collateral
• Act as the final processing step for direct channel loans before loan funding, ensuring required documents which are required documents are received, verified and compliant with approved loan terms
• Clear Fraud or OFAC alerts, resolve credit bureau issues and ensure membership identification validations. Identify potential red flags which may result in a loss to Alliant and escalate for appropriate action
• Obtain necessary documents to validate identity and clear warnings
• Ensure timely delivery and follow-up on member correspondence and loan documentation to provide a positive, professional, and expedited member borrowing experience
• Assist wholesale partners with funding delays and compliance issues and support home equity loan processing tasks such as flood certification, homeowners insurance and property condition reports

Education:

• High School Diploma or Equivalent - Minimum

  Years of Experience:

• 2 years - Direct or indirect consumer loan closing, processing, underwriting or Related - Minimum

 

 

 

 

Compensation & Benefits:

Typical hiring range:‏‏‎ ‎$22.69 - $31.20 Hourly. Actual compensation will be determined using factors such as experience, skills & knowledge. 

Additional Compensation: Annual performance bonus 

‎Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match.

Additional Benefits:

• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays 
• Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.

 

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

 

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.