Doc Loan Processor

Duties And Responsibilities

• New Document Review: Review in detail signed documentation package to ensure it has correct signatures, payment schedule, collateral information and all required documentation to meet credit approval requirements.
• Verification and comparison of database to ensure consistency between documentation and the database.
• Perform Verbal Verifications: Verify various information on each contract to ensure accuracy. This entails calling customers and authorized personnel to review contract information. During this verification process fraud prevention checks are completed, payment information is verified to be accurate and equipment information/location is confirmed.
• UCC Article 9 Liens: Submitting necessary UCC liens required for non-titled equipment and completing lien searches in the UCC database as needed to verify security position in our collateral.
• Review Copies of Titles: Review titles to ensure accuracy of buyer, seller, and lien holder.
• Ensure all funding requirements are met and approve vendor invoice for payment.
• Additional Tasks as Needed: Include reviewing daily task reports and follow-up with Sales Department for missing document requirements.
• Review and follow-up of vendor holdback accounts for pay out of VHB funds.
• Process and Sort Daily Mail.
• Save Electronically Signed Contracts to be uploaded into Document Repository System.

Requirements

Associate’s degree or Two-Year College Equivalent in Business, finance, or administrative program preferred with 2+ years of work experience in a financial setting preferred.

Benefits And Other Compensation

• Health Benefits: Medical, dental, and vision insurance.
• Retail Benefits: 401(k), ESOP participation.
• Paid Time Off (PTO): PTO, sick leave, and holidays.

Pay

This is a full-time position with benefits. Starting Salary Range: $36,720.00 - $55,080.00 per year.

Schedule

This is a non-exempt, hourly position.