Temporary Loan Processor

JOB APPLICANTS LIMITED TO DC, MD, OR VA RESIDENTS.

Be part of Lafayette Federal Credit Union, recognized by USA Today as a Top Workplace for three consecutive years (2024-2026)

Be a key player in our mission to become the premier financial partner for our community. Do you value helping people find solutions to their needs?
Are you looking for an entry-level career that will position you to learn and grow in the financial services industry?

We are currently seeking a Consumer Loan Processor - Direct to join our dynamic team!

Lafayette Federal Credit Union is not only a great place to bank, but also a great place to work! We have been recognized nationally by (1) Newsweek’s America’s Best Bank’s list , (2) we’ve received a 5-star rating from Bauer financial , and (3) we’ve also ranked #12 in S&P Global’ s Top Performing Credit Union’s in 2022 for the second year in a row!

Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community.

Professional development, training, and certification is a priority for our employees. At Lafayette Federal Credit Union, we are committed to helping our members achieve their financial goals through personalized service and lending solutions. We are seeking a detail-oriented, member-focused Consumer Lending Processor to support the full consumer loan lifecycle, from application through funding and post-closing review. In this role, you will work closely with members, lending staff, and business partners to ensure an exceptional lending experience while maintaining compliance with all regulatory and credit union standards. This is an excellent opportunity for a lending professional who enjoys balancing operational excellence, member service, and relationship building in a fast-paced environment.

Support consumer lending operations by processing loan applications and assisting with closing and post-closing activities.
Calculate funding amounts, cash disbursements, and loan proceeds accurately.
Serve as a trusted resource for members by providing information on consumer loan products, rates, terms, and collateral requirements.
Guide members through the application process and explain required documentation.
Deliver exceptional service through timely, professional communication both in person and over the phone.

Review loan applications and supporting documentation for completeness and accuracy.
Analyze borrower financial information, credit history, income, and collateral details in accordance with established lending policies.
Execute loan closings while ensuring all required documents are properly completed.Quality Control & Compliance
Conduct quality reviews of consumer loans to ensure adherence to internal policies and regulatory requirements.
Maintain in-depth knowledge of consumer lending products, policies, procedures, and industry trends.
Regulatory Compliance & Training
Complete all required annual training programs, including: Bank Secrecy Act (BSA)
Anti-Money Laundering (AML)
Diversity & Inclusion
Ensure compliance with all applicable credit union policies and regulations.

Assist with special projects and departmental initiatives as assigned.
Provide administrative and operational support to Consumer Lending leadership.

Joining Lafayette Federal comes with perks to support you in your personal and professional journey.

Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
Income protection with life insurance, short and long-term disability
Paid time off, holiday leave & birthday leave
Pay: $26.63 per hour ($55,384 annually) to $33.28 per hour ($69,231 annually) depending on experience and qualifications.

*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer

*EOE/AA/DISABILITY/VETERAN

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