What are the responsibilities and job description for the Loan Processor position at Auto Approve?
Essential Functions
- Generates auto refinance loan documents in a timely manner
- Ensure that all documents are completed and signed correctly
- Verify all stipulations for loan packages
- Verify information such as loan payoff amount, collateral valuation, and interest rate
- Create and stack funding packets to be sent to lending partners
- Ensure Power of Attorney forms are received
- Document the system of record per applicable policy/procedure
- Monitor accounts for ‘red flags’ or potential fraud
- Protect information in accordance with Auto Approve Information Security Requirements
- Competencies
- Basic computer skills
- Meticulous attention to detail
- Efficient time management skills
- Ability to learn and adapt in a very fast paced environment
- Professional demeanor when communicating with others, both verbally and in writing
Education and Experience
- High school diploma or equivalent required
- Bachelors degree preferred but not required
- One (1) year experience in loan processing preferred
- One (1) year experience in the finance industry preferred
Benefits
- Competitive compensation package
- Full suite of medical benefits, including dental, vision, pet insurance and more!
- PTO and holidays
Position Type/Expected Hours of Work
This is a full-time position. Days and hours of work are variable and based on business need. Evening and weekend work may be required as job duties demand.
Physical Requirements
This position is indoors. Must be able to sit at a computer terminal for an extended period. May be asked to lift approximately 25 lbs. Exposure to moderate noise and light, i.e business office with computers, phone, printers, light foot traffic.
EEO Statement
Auto Approve provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Auto Approve complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Applicants must be legally authorized to work in the United States