What are the responsibilities and job description for the Online Loan Processor position at Brazos Valley Schools Credit Union?
Role
Responsible for responding to loan inquires and processing member loan applications. Provides support as needed to accurately process and close member loans.
Essential Functions & Responsibilities include but are not limited to:
Responsible for responding to loan inquires and processing member loan applications. Provides support as needed to accurately process and close member loans.
Essential Functions & Responsibilities include but are not limited to:
- Processes member loan applications and prepares them for review by a loan officer. Maintains communication with the loan officer and member regarding loan status or requests for additional information.
- Identifies member needs, offers other credit union products/services and educates members on ancillary loan products.
- Prepares and reviews all loan documents for completeness and accuracy; schedules the loan closing and funding.
- Ensures loan documents are filed and scanned in electronic data storage system. Forwards to appropriate department for filing with applicable agencies.
- Maintains working knowledge of regulatory compliance related to member services and financial services area to include (but not limited to): BSA reporting requirements, OFAC, USA Patriot ACT, Red Flags, Regulation CC, Regulation D, Regulation E, Truth in Savings, Truth in Lending, Privacy, etc.
- Other duties as assigned.