Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Review consumer loans and ensure proper documentation for quality control.
- Company: Join Eastern Bank, a supportive and inclusive workplace focused on employee growth.
- Benefits: Enjoy comprehensive benefits, including medical, dental, retirement plans, and tuition reimbursement.
- Why this job: Be part of a dynamic team that values communication and compliance in a fast-paced environment.
- Qualifications: 1 year of banking experience preferred; familiarity with consumer lending products is a plus.
- Other info: We encourage diverse candidates to apply, even if they don't meet every qualification.
The predicted salary is between 36000 - 60000 £ per year.
MAJOR RESPONSIBILITIES:
- Review originated consumer loans for Quality Control purposes.
- Ensure proper documentation is received and uploaded to the Loan Origination system.
- Communicate with other departments on any outstanding issues/concerns.
- Update loan origination system data accurately and in compliance, maintaining up-to-date notes for management reporting.
- Continuously educate branch staff on product information, legal requirements, and policy guidelines.
- Process mail, tickets, and checks.
- Assist with administrative duties in the office as needed.
- Support the Compliance Analyst team with HMDA data review, Flood requirements, and regulatory testing as required.
- Participate in projects and new initiatives as needed.
REQUIREMENTS:
- Strong communication and negotiation skills for a fast-paced environment.
- Ability to work independently and seek assistance when necessary.
- Effective communication with branches and other departments.
- Maintain comprehensive application notes throughout the loan process.
- Ensure compliance with all bank policies and procedures.
- Participate in special projects as assigned by management.
- Familiarity with all Consumer Lending products.
Education And Experience:
- Minimum 1 year banking experience preferred; experience with Home Equity Line of Credit is a plus.
- Experience processing consumer lending products preferred.
Skills/Knowledge:
- Excellent communication, organizational, multitasking, and interpersonal skills.
- Attention to detail.
- Strong computer skills (Word, Excel).
- Experience in a high-volume, fast-paced environment.
About Us:
At Eastern Bank, we support our employees\’ growth and foster an inclusive environment where everyone is treated fairly and encouraged to reach their potential. We offer comprehensive benefits through our Total Rewards program, including medical, dental, vision, life and disability insurance, retirement plans, vacation, and tuition reimbursement.
Eastern Bank is an equal opportunity employer committed to diversity, equity, and inclusion. We encourage candidates who may not meet every qualification but are excited about the role to apply. Our Recruitment team looks forward to connecting with you.
#J-18808-Ljbffr
Consumer Lending QC Processor III employer: Eastern Bank
Contact Detail:
Eastern Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consumer Lending QC Processor III
✨Tip Number 1
Familiarise yourself with the specific consumer lending products offered by Eastern Bank. Understanding these products will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your knowledge of compliance regulations and documentation requirements in consumer lending. Being well-versed in these areas will show that you can handle the responsibilities of the QC Processor role effectively.
✨Tip Number 3
Prepare to discuss your experience in a fast-paced environment. Think of specific examples where you successfully managed multiple tasks or resolved issues quickly, as this aligns with the job's demands.
✨Tip Number 4
Network with current or former employees of Eastern Bank if possible. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during the application process.
We think you need these skills to ace Consumer Lending QC Processor III
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the major responsibilities and requirements. Tailor your application to highlight your relevant experience in consumer lending and quality control.
Highlight Relevant Experience: In your CV and cover letter, emphasise your banking experience, particularly any roles involving consumer lending products or quality control processes. Use specific examples to demonstrate your skills.
Showcase Communication Skills: Given the importance of communication in this role, provide examples of how you've effectively communicated with different departments or resolved issues in previous positions. This can be included in your cover letter.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Attention to detail is crucial for this position, so ensure your application reflects that quality.
How to prepare for a job interview at Eastern Bank
✨Showcase Your Communication Skills
As the role requires strong communication and negotiation skills, be prepared to demonstrate these during the interview. Share examples of how you've effectively communicated with different departments or resolved issues in a fast-paced environment.
✨Highlight Your Attention to Detail
Given the importance of accuracy in reviewing consumer loans, emphasise your attention to detail. Discuss specific instances where your meticulousness has led to successful outcomes, especially in compliance-related tasks.
✨Familiarise Yourself with Consumer Lending Products
Make sure you have a solid understanding of various consumer lending products, particularly Home Equity Lines of Credit. Being knowledgeable about these will not only impress the interviewers but also show your genuine interest in the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and how you handle high-volume tasks. Prepare by thinking of past experiences where you successfully managed multiple responsibilities while maintaining compliance and quality.
