Loan Processor

Company: University of Hawaii FCU
Location: Honolulu
Posted on: June 25, 2022

Job Description:

DO YOU WANT TO MAKE A DIFFERENCE?Join a spirited, dynamic team with Hawai`i's leading credit union as we make a difference in our community - providing financial value, exceptional service, and state-of-the-art convenience to our members. Position Title: Loan Processor Department: Central Lending FLSA Classification: Non-Exempt Reports to: Central Lending Manager Pay Commensurate to ExperienceEmployee BenefitsIn addition to competitive pay, we are proud to offer a comprehensive benefits package.Paid Employee Medical And Dental Insurance; UHFCU pays 100% Of The Base Employee CoverageMedical and Dental Plan Premium Waiver OptionEleven (11) Company Paid Federal Holidays Plus Four (4) Company Paid Personal HolidaysEligible to Earn Ten (10) Days Paid Vacation; Increases With Years Of ServicePaid Sick Leave401(k) Retirement With Employer Match And Profit Sharing Employee Loan DiscountUHFCU Subsidizes 50% For Monthly Bus Pass Flexible Spending Accounts: Healthcare and Dependent Care (Pre-Tax Benefit)Credit Union-Paid Benefits Such As Group Term Life With AD&D Insurance, Long Term Disability Insurance And Long Term Care InsuranceEmployee Assistance Program (EAP) Internal and External Professional Development OpportunitiesAnd Many More! Position Purpose:Primarily responsible for loan data entry, the initial framework and retention of loan files, accurately processing Home Equity Line of Credit (HELOC) loan applications, and assisting with processing 1st mortgage loan files as needed. Essential Functions:Receives and reviews new loan applications and related documents for accuracy and validity.Performs verbal and written communication with applicants to reduce errors and discrepancies, answer member questions, and request forms and/or other loan documentation.Establishes accurate loan files by collecting necessary components for HELOCs and/or 1st mortgages (i.e. employment and income data, financial statements, property information, credit reports, current debts, monthly expense records, etc.).Verifies accuracy and completeness of all accumulated data and documentation. Error-free processing for Home Equity Lines of Credit and/or mortgage loans.Maintains compliance with all applicable regulatory policies and procedures.Assists Home Equity Loan Officer as needed.Performs other functions as requested. Performance Standards:Accuracy of the HELOC loan files.Organization and completeness of loan files.Execution of responsibilities by scheduled deadlinesCompliance with all regulatory policies and procedures. Qualifications:Education/Certification: High school diploma or GED is required. Required Knowledge: Basic understanding of MS Office Applications is desired.Knowledge of lending/processing procedures.Experience Required: 1+ years of lending/processing experience.Skills/Abilities: Excellent member service skills.Excellent verbal and written communication skills.Excellent analytical, creative, and problem-solving skills.Able to work with a team. Able to handle stressful situations. Activities and Requirements of this Position:Repetitive Motion: Movements frequently and regularly required using wrists, hands, and/or fingers.Communication Skills: Must frequently convey detailed or important instructions of ideas accurately and quickly.Visual Abilities: Average visual acuity necessary to read, prepare and inspect documents or products.Hearing: Able to hear average or normal conversations and receive information.Physical Strength: Sedentary work (sitting most of the time). Able to lift and carry up to 25 lbs.Reasoning Ability: Able to apply common sense understanding to carry-out detailed instructions and to deal with problems involving variables.Mathematics Ability: Able to perform basic math skills including adding, subtracting, multiplying and dividing using a calculator.Language Ability: Able to write complex sentences using normal word order with present and past tenses, as well as a command of the English vocabulary. Working Conditions:Air-conditioned, smoke-free office setting. Business Hours & Attendance Requirements:Monday through Saturday. Business hours are subject to change. Please note that scheduled attendance requirements may change due to business needs. Must be able to work additional hours, weekends, and holidays as needed. PI183214385

Keywords: University of Hawaii FCU, Honolulu , Loan Processor, Other , Honolulu, Hawaii