Indirect Loan Processor

Purpose

The Loan Processor 1 - Indirect is responsible for processing loan applications from Branch staff and Indirect Dealers.

Essential Functions

• Receives direct loan applications from branch staff and verifies system information to paper copy for completeness and accuracy in preparation for Underwriter review.
• Reviews documentation to ensure that loans follow established bank procedures and compliance regulations.
• Prepares additional forms as required.
• Prepares direct loan closing documents for branch locations, assuring accuracy and completeness of all necessary closing items.
• Receives indirect loan applications from dealers to enter into the system in preparation for Underwriter review.
• Verifies indirect closing documentation to system information and updates as necessary.
• Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders.
• Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.

Job Related Qualifications – Education and Prior Experience

• Education: High School Diploma or equivalent.
• Prior Experience: 1+ Years Type: Loan Processing.

Competencies

• Working knowledge of Microsoft Office applications with the ability to learn new and existing banking software.
• Strong verbal and written communication skills.
• Strong organizational skills with the ability to multitask and prioritize to meet assigned deadlines.
• High level of attention to detail with the ability to follow detailed procedures and ensure accuracy.
• Responds to requests for information in a timely and professional manner.

Physical Requirements

• Able to regularly sit for prolonged periods of time.
• Extensive computer usage is required.

Benefits

• Medical, Dental, and Vision Insurance.
• Health Savings Account.
• Flexible Spending Account(s).
• Company Paid Life Insurance, Long-Term Disability, and Short-Term Disability.
• Tuition Reimbursement.
• Employee Referral Program.
• Wellness Reimbursement Program.
• Star Volunteer Program.
• Employee Banking and Financial Perks.
• Flexible Hybrid Work Schedule.
• Paid Time Off (PTO).
• Company Paid Holidays.