Member Business Loan Processor

Job Description

Job Description

Member Business Loan Processor

At SESLOC, it is the people that make the place. Rooted in academics, and locally headquartered for over 80 years, we are the credit union with the funny name. But to us, financial dreams and goals are serious business.

Job Summary:

The Member Business Loan Processor provides member service and supports business lending by responding to member inquiries, assisting with applications, preparing and processing loan documentation, and supporting closing and funding activities. Maintains accurate loan files and records, ensures timely and accurate data entry across applicable systems, and upholds compliance with credit union policies, procedures, and applicable federal and state regulations.

Processes loan applications; gathers and reviews required documentation; prepares business loan documentation; coordinates loan closings, funding, and post-closing activities; maintains loan files and records; tracks insurance, collateral, financial documentation, and other loan requirements; and provides administrative and operational support to the Member Business Lending department.

For a detailed description of job responsibilities, please view the attached job description.

Education/Experience:

High school diploma or GED and two to five years of similar or related lending experience required, including experience in loan processing, documentation, servicing, or business lending support. Experience supporting business, commercial, or real estate lending transactions preferred, including loan closings, collateral documentation, and review of entity documentation, ownership structure, signer authority, borrowing authority, and related organizational records. Credit union or financial institution experience preferred. An equivalent combination of education and experience, including time spent in preparatory positions, will be considered.

SESLOC has a collegial, team focused work environment. We offer competitive compensation and excellent benefits including fully paid employee medical, dental, and vision; vacation, sick, holiday time off; and a 401k with generous employer match.

Be sure to attach a cover letter explaining how you are the perfect fit for this role and a current resume.

EOE

All job offers extended to final candidates at SESLOC Credit union are conditional pending the successful completion and acceptable results of background checks and signing an Arbitration Agreement as a condition of employment. Background checks include a bond check, a credit check, a criminal history check, reference checks. Signing an Arbitration Agreement is a condition of employment. 

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