Loan Processing Specialist - Remote

Job Description

Job Description

Remote Loan Processing Specialist

Location: Remote (Illinois Residents Preferred)

Company: Power Finance Texas

Employment Type: Full-Time

Position Summary

Power Finance Texas is seeking a detail-oriented Remote Loan Processing Specialist to support the lending operations team. This position is responsible for reviewing applications, verifying documentation, coordinating with internal departments, and helping ensure loan files are processed accurately and efficiently.

Key Responsibilities

• Review loan applications and supporting documentation for completeness and accuracy
• Verify customer information in accordance with established procedures
• Coordinate with underwriting, customer service, and funding teams
• Identify missing or inconsistent information and obtain necessary documentation
• Maintain accurate electronic loan files and records
• Monitor applications throughout the processing workflow
• Communicate professionally with customers regarding documentation and application status
• Follow company policies, procedures, and applicable regulatory requirements
• Meet established accuracy, productivity, and service standards

Required Qualifications

• High school diploma or equivalent
• 1–3 years of experience in loan processing, banking, financial services, or a related field preferred
• Strong attention to detail and organizational skills
• Excellent written and verbal communication
• Proficiency with Microsoft Office and computer-based systems
• Ability to manage confidential financial information
• Ability to work independently in a remote environment

Preferred Qualifications

• Consumer lending experience
• Experience with loan origination or customer management systems
• Bilingual English/Spanish skills
• Knowledge of lending documentation and compliance procedures

Compensation & Benefits

• $24–$31 per hour
• Performance-based incentive opportunities
• Paid training
• Medical, dental, and vision benefits, subject to eligibility
• Paid time off and company holidays
• 401(k) benefits, subject to eligibility
• Remote work environment
• Career development and advancement opportunities

Work Environment

This is a fully remote position requiring a reliable internet connection, appropriate home workspace, and the ability to maintain confidentiality while handling sensitive customer information.

Department: Lending Operations
Reports To: Loan Operations Manager