Consumer Loan Processor

Responsibilities

Kforce has a client that is seeking a Consumer Loan Processor in Saint Louis, MO.Job Summary:The Consumer Loan Processor is responsible for a variety of tasks related to high-quality closing and disbursement of approved consumer loan applications originating through direct and indirect channels, including application quality review, red flag identification, new account opening, and document uploads. This role requires prompt, efficient, and accurate support to member-facing team members and indirect partners to provide high-quality service to valued members.Job Responsibilities:

• Closely inspects consumer loan applications and documents for completeness, accuracy, and compliance to ensure all procedures and policies are adhered to and all underwriting stipulations have been met
• Reviews loan applications for fraud and follows procedures for tracking and escalating to appropriately resolve
• Assures timely loan closing and funding activities across multiple systems (e.g. setting flags, updating statuses, generating loan document packages)
• Inputs and updates data, generates necessary electronic and paper documents, and distributes to members via DocuSign for signature
• Collaborates with team members and dealer partners to resolve held indirect contracts and provide effective and efficient service
• Accurately logs each loan disbursement transaction for payment to the dealership
• Completes Office of Foreign Assets Control (OFAC) reviews and opens share accounts for applications that qualify for membership; Establishes non- member share accounts when applicable and sets all required restrictive flags

Skills

• High School diploma/GED; Bachelor's degree preferred
• Minimum of 3 years of related experience
• An equivalent combination of education, training, and experience will be considered
• Knowledge of applicable laws and regulations to include the Bank Secrecy Act (BSA), Fair Lending, Patriot Act, Information Security, and OFAC
• Proficient computer skills, with knowledge of Microsoft Office Suite
• Strong time management skills
• Strong member service focus
• Sufficient organization skills to include planning and prioritization
• Sufficient written and verbal communication skills

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.


We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.


Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.


This job is not eligible for bonuses, incentives or commissions.


Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.


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Kforce is a professional staffing services firm offering Technology and Finance & Accounting jobs with top employers nationwide. We specialize in providing contract, contract-to-hire and direct placement opportunities, with over 50 years of experience in the staffing industry. Kforce offers many consultants comprehensive benefits depending on employment status, including medical, dental, 401(K), life insurance and disability. Our vision is to be "the firm most respected by those we serve."