Consumer Loan Processor

Consumer Loan Processor

Scarborough Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Process consumer loans, analyse credit reports, and ensure applications are complete.
  • Company: Join Town & Country Federal Credit Union, a leading non-profit financial cooperative in Maine.
  • Benefits: Enjoy medical, dental, vision, paid leave, 401K, tuition reimbursement, and more perks!
  • Why this job: Empower members to achieve financial goals while engaging in meaningful community projects.
  • Qualifications: 1-3 years of related experience; high school diploma or GED required.
  • Other info: Work in a supportive environment focused on personal growth and community impact.

The predicted salary is between 28800 - 43200 £ per year.

Career Opportunities with Town & Country Federal Credit Union

A great place to work.

Careers At Town & Country Federal Credit Union

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We are looking for a highly motivated individual interested in joining one of the most innovative Maine-based financial institutions. You will have the chance to empower members to better manage their personal finances and help them reach their lifelong financial goals.

As a proud not for profit financial cooperative, Town & Country supports many charitable causes important to our members and the communities we serve. Habitat for Humanity, the Maine Cancer Foundation, Eastern Trail Alliance are just a few organizations we not only support financially but with our time. Employees enjoy the opportunity to connect with these and many other organizations through meaningful community projects.

Function and Responsibilities

The Consumer Loan Processor works closely with the Consumer Loan Officers to ensure loan applications are complete. The Consumer Loan Processor will analyze the credit report, complete file maintenance, calculate ratios, collect all necessary documentation, cross sell additional products and services, and submit the loan to underwriting. Once approved, the Consumer Loan Processor will prepare and coordinate loan closing for the member. They manage a large volume of loans at various stages in this process. Offering first-class service is a top priority at Town & Country FCU.

Experience & Education
One to three years of similar or related work experience. High school education or GED.

Interpersonal Skills

Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication. Accuracy, time management, organization skills, phone skills, and sales skills are beneficial.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. If an employee requires a reasonable accommodation based on a disability, he or she must notify his or her direct supervisor or human resources.

• Enters and locates information on computer.
• Presents information to individuals and/or small or large groups.
• Communicates effectively in person or by using electronic equipment and devices.
• Creates documents, reports, etc., using a computer, pen, pencil or other means of recording information.
• Grasps and manipulates objects of different size and weight, requiring fine motor skills and hand-eye coordination.
• Visually locates and identifies information, often in small print.
• Reads information, often in small print.
• Sits at desk for extended periods of time.
• Repetitive motion with hands and arms while using computer.
• Lifts up to 25 lbs.

Location

Department is located at our Operations Center in Scarborough Maine.

Medical (HSA), dental, vision, short-term and long-term disability, life insurance, paid parental leave, vacation, paid holidays, 401K, incentive plan, profit sharing, tuition reimbursement, free corporate logo wear, insurance, credit union product discounts, and lots of perks!

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Consumer Loan Processor employer: Town & Country Federal Credit Union

Town & Country Federal Credit Union is an exceptional employer that prioritises community engagement and employee development. Located in Scarborough, Maine, we offer a supportive work culture where employees can thrive while making a meaningful impact on members' financial well-being. With comprehensive benefits including medical, dental, and tuition reimbursement, along with opportunities to participate in charitable initiatives, we empower our team to grow both personally and professionally.
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Contact Detail:

Town & Country Federal Credit Union Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Consumer Loan Processor

✨Tip Number 1

Familiarise yourself with the specific loan products offered by Town & Country Federal Credit Union. Understanding their offerings will not only help you in interviews but also demonstrate your genuine interest in the role and the organisation.

✨Tip Number 2

Network with current or former employees of Town & Country FCU on platforms like LinkedIn. They can provide valuable insights into the company culture and the expectations for the Consumer Loan Processor role, which can give you an edge during the hiring process.

✨Tip Number 3

Brush up on your customer service skills, as providing first-class service is a top priority for this position. Consider role-playing scenarios where you handle customer inquiries or resolve conflicts to prepare for potential interview questions.

✨Tip Number 4

Stay updated on financial regulations and trends that affect consumer loans. Being knowledgeable about the industry will not only impress your interviewers but also show that you are proactive and committed to your professional development.

We think you need these skills to ace Consumer Loan Processor

Attention to Detail
Time Management
Organisational Skills
Interpersonal Skills
Effective Communication
Confidentiality and Discretion
Analytical Skills
Problem-Solving Skills
Sales Skills
Customer Service Orientation
Document Preparation
Loan Processing Knowledge
Ability to Work Under Pressure
Proficiency in Computer Applications

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Consumer Loan Processor. Familiarise yourself with the key tasks such as analysing credit reports and managing loan applications.

Tailor Your CV: Customise your CV to highlight relevant experience in financial services or customer service. Emphasise skills like accuracy, time management, and interpersonal communication that are crucial for this role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for joining Town & Country Federal Credit Union. Mention your passion for helping others manage their finances and any relevant community involvement.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise to make a strong impression.

How to prepare for a job interview at Town & Country Federal Credit Union

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Consumer Loan Processor. Familiarise yourself with loan processing, credit analysis, and the importance of customer service in this role.

✨Showcase Your Interpersonal Skills

Since the job involves a lot of personal contact, be prepared to demonstrate your interpersonal skills. Share examples of how you've successfully resolved conflicts or built relationships in previous roles.

✨Prepare for Technical Questions

Expect questions related to loan processing and financial regulations. Brush up on your knowledge of credit reports, ratios, and the loan closing process to show your expertise.

✨Express Your Community Involvement

Town & Country values community engagement. Be ready to discuss any volunteer work or community projects you've been involved in, as this aligns with their mission and values.

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