Consumer Loan Fulfillment Specialist
Company: Local Government Federal Credit Union
Location: Raleigh
Posted on: October 25, 2024
Job Description:
Description: CIVIC CULTURE
Our organizations believe we can all do well by doing good. We
value the contributions of diverse minds and prioritize the success
and well-being of our employees. We also believe every person in
our organization plays a role in supporting a healthy environment
and helping to achieve our goal of prosperity for all. To this end,
we recruit bright, energetic, and talented people to be members of
our team. In return, we offer a dynamic workplace that presents
opportunities for professional advancement and individual growth.
We strive to always display integrity, self-awareness, courage, and
respect for one another while continuing to seek opportunities to
learn. We really believe that when our employees succeed, our
community wins.
ABOUT THE POSITION
The Consumer Loan Fulfillment Specialist will play a crucial role
in supporting all consumer and residential real estate loan
fulfillment and booking utilizing the loan core system. This
position will liaise with various business units that work with
consumer lending and related functions, including but not limited
to research, lien perfection, reporting and tracking processes, and
resolving consumer loan issues. This position will support all
resources relating to the loan system and client loan
information.
NORMAL DAY-TO-DAY WORK
- Prepares documentation and performs processing for consumer
loan closing, including personal, auto, and home equity loans.
- Gathers and reviews required documentation, including proof of
income, buyers' orders, vehicle registrations, proof of insurance,
title reports, appraisals, payoff statements, and other related
documentation to ensure policies and regulations are followed.
- Assists with creation and monitoring of required home equity
pre/post disclosures, reviews of finalized loan documentation, and
performs lien recordings as necessary.
- Corresponds with members via email, phone, or mail to follow up
on required conditions to close loans and non-funded loan
requests.
- Supports the review and testing of new releases and system
enhancements to the lending operating system and core system as
necessary.
- Complies with and stays abreast of all policies, guidelines and
procedures, federal and state laws applicable to consumer loan
servicing of real estate and non-real estate products.
- Supports policy, guidelines and procedures related to consumer
real estate closings/transactions with key stakeholders to ensure
correct structure, loan documentation, and accurate boarding into
the core system.
- Prepares for and assists with coordinating internal/external
audits pertaining to consumer credit products. Works towards and
strives for zero audit exceptions as it relates to scope of
responsibility. Performs periodic self-audits on all areas of
responsibility.JOB QUALIFICATIONSHere are a few skills you MUST
have to be qualified for this position.
- Minimum 1 - 3 years of consumer loan servicing experience.
- Sound knowledge of consumer loan and documentation procedures,
policies, regulations, including bankruptcy and consumer laws.
- Ability to function in a Consumer business office environment
and utilize standard office equipment including but not limited to:
PC, copier, telephone, etc.
- Ability to lift a minimum of 25 lbs. (file boxes,
computer).
- Travel is required on occasion.Here are a few qualities we'd
LIKE for you to have to make you more suited for this
position.
- Bachelor's degree in Finance, Accounting, Economics, Business
or related field.
- Proficiency in consumer and real estate documents in multiple
lending jurisdictions, lien filing and titling, and vehicle and
real estate insurance.
- Functional understanding of a loan origination system
(LOS).
- Lending experience at a Credit Union/Financial
Institution.Contact UsIf you have questions about this position
description, please feel welcome to ask. You can reach our HR
Department at:Civic Human Resources3600 Wake Forest Road, Raleigh,
NC 27609careers@civicfcu.org
Requirements:
PI3b9eb7992138-37248-35455954
Keywords: Local Government Federal Credit Union, Raleigh , Consumer Loan Fulfillment Specialist, Accounting, Auditing , Raleigh, North Carolina
Didn't find what you're looking for? Search again!
Loading more jobs...