What are the responsibilities and job description for the Loan Processing Assistant position at South Australian Young Entrepreneurs Scheme?
Job Overview
We’re looking for a Loan Processing Assistant to support the preparation, documentation, and verification of loan applications. This role ensures all applicant files are accurate, complete, and ready for underwriting review.
Responsibilities
Collect, review, and organize applicant documents (IDs, bank statements, forms, etc.).
Verify loan application details for accuracy and completeness.
Maintain processing logs and update application statuses.
Coordinate with loan officers, underwriters, and applicants for missing information.
Prepare files for underwriting and compliance checks.
Assist with follow-ups, document requests, and internal reports.
Requirements
Strong organizational and documentation skills.
Ability to handle confidential information with care.
Basic understanding of loan processes and financial documentation.
Proficient with Excel and CRM or loan processing systems.
Excellent communication skills.
Compensation
Entry-level salary with performance incentives.
Benefits depend on employer.
Growth path into Loan Processor or Underwriting roles.
Credit Score Requirement
Because the role interacts with sensitive borrower data, a credit check and background verification is required before interview scheduling.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
We’re looking for a Loan Processing Assistant to support the preparation, documentation, and verification of loan applications. This role ensures all applicant files are accurate, complete, and ready for underwriting review.
Responsibilities
Collect, review, and organize applicant documents (IDs, bank statements, forms, etc.).
Verify loan application details for accuracy and completeness.
Maintain processing logs and update application statuses.
Coordinate with loan officers, underwriters, and applicants for missing information.
Prepare files for underwriting and compliance checks.
Assist with follow-ups, document requests, and internal reports.
Requirements
Strong organizational and documentation skills.
Ability to handle confidential information with care.
Basic understanding of loan processes and financial documentation.
Proficient with Excel and CRM or loan processing systems.
Excellent communication skills.
Compensation
Entry-level salary with performance incentives.
Benefits depend on employer.
Growth path into Loan Processor or Underwriting roles.
Credit Score Requirement
Because the role interacts with sensitive borrower data, a credit check and background verification is required before interview scheduling.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.