Member Business Loan Processor

Job Description

Job Description

Description:

Loan Processing Specialist – Member Business Loans

Full Time

We are seeking a detail-oriented and customer-focused Member Business Loan Processor to join our dynamic team at Cross Valley Federal Credit Union. This role offers an excellent opportunity to contribute to our members' financial success by efficiently managing the processing of business loan applications. If you have a strong background in commercial loan processing and a passion for delivering exceptional service, we invite you to apply and become part of our collaborative work environment.

Key Responsibilities:

- Review and verify all documentation related to member business loan applications to ensure completeness and accuracy.

- Coordinate with members, loan officers, and external partners to gather necessary information and clarify application details.

- Prepare and process loan documentation, understanding how to read and analyze tax returns, and business cash flow statements.

- Ensure compliance with credit union policies, federal regulations, and lending standards throughout the loan processing cycle.

- Monitor loan application status and communicate updates to relevant stakeholders.

- Maintain organized records of all loan documentation and processing activities.

- Assist in resolving any issues or discrepancies that arise during the loan process.

- Support the loan team with administrative tasks as needed to facilitate smooth operations.

Skills and Qualifications:

- Proven experience in commercial loan processing, preferably within a credit union or financial institution.

- Strong understanding of commercial lending practices and regulatory requirements.

- Excellent attention to detail and organizational skills.

- Effective communication skills, both written and verbal.

- Ability to work independently and collaboratively in a fast-paced environment.

- Proficiency in loan processing software and Microsoft Office Suite.

- Knowledge of credit analysis and financial statement review is a plus.

- High school diploma or equivalent; additional education or certifications in finance or banking is preferred.

Join our team and enjoy a supportive work environment that values professional growth, community involvement, and a commitment to member service. We offer competitive benefits and opportunities for advancement as you develop your career in the financial services industry.

Must have experience in commercial lending either at a credit union or other financial institution.

Must be familiar with commercial lending software and programs

Communication Skills

Attention to Detail