Loan Processor – Suncoast Credit Union (Tampa)

Processes, closes, and disburses consumer loans and pre-approved drafts in a centralized processing area. 

· Prepares loan documentation, obtains required signatures, and disburses loans in a centralized, team oriented environment.

· Processes, closes, and disburses all titled collateral loans for members purchasing from either a lease company or from an individual and/or refinancing from another lending institution.

· Verifies documents, pays dealers, and release liens on trade-in titles upon presentation of pre-approved drafts.

· Prepares, monitors and completes title work for Refinances, Individual Purchases, Lease Buy-Outs, and Out of State dealerships.

· Disburses and allocates funds for all Indirect Loans, sets up pre-notes in Customer Link, reviews and bounces incomplete contracts to dealerships, and balances daily general ledger entries.

· Performs loan file maintenance, loan re-ages, restricted bankruptcies add-ons, and deficiency balances as required by the Loss Mitigation Department.

· Works specific reports monitoring Loss Mitigation Accounts for Auto Forbearances (such as the Broken Promise to Pay and Successful Re-Age report).

· Monitors and indexes documents that come through the Rightfax queue.

· Completes loan transfers and/or inputs loan requests for member accounts requested by various Credit Union Departments and Service Centers.

· Contacts members to make repayment arrangements and/or input a loan request when a deficit loan balance occurs.

· Assists Service Centers with questions regarding preparing loan paperwork loan processing/disbursements and title work.

· Prepares paperwork and processes all Auto Forbearances & Auto Workout loans for members and set the Promises to Pay in Akcelerant.

· Balances individual non-cash drawers and Loan Department accounting center on a daily basis.

· Completes annual BSA/AML Compliance Training and understands employee’s role in maintaining an effective BSA/AML compliance program. Also completes FACT Act Red Flag training.

Education and Experience: 

· High school diploma or equivalent.

· 2-3 years previous work experience as a loan processor with a financial institution.

· General math skills in order to calculate title fees, sales tax, documentary stamps, and loan to value ratios.
· General knowledge and understanding of Credit Union products, services, policies, and procedures, especially as they apply to consumer loan processing.
· General knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities.
· General knowledge and understanding of all Credit Union computer systems and software programs required to perform job duties.
· Good verbal and written communication skills and interpersonal skills in order to interact professionally and effectively with staff and members.
· Must be able to work under moderate supervision.
· Must be able to maintain a high level of confidentiality.

https://www.indeed.com/cmp/Suncoast-Credit-Union?campaignid=vjcmpinfo&from=vjcmpinfo&fromjk=5fe1cdecf32fc194