RAC Loan Processor II

RAC Loan Processor II

Requirements

• High School diploma or equivalent education and related training or experience
• Two years of experience or equivalent training
• Excellent problem solving skills
• Excellent analytical ability
• Excellent written and verbal communication skills
• Excellent organizational skills
• Excellent time management skills
• Ability to work in fast paced environment
• Ability to work flexible schedule and overtime, as needed
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Responsibilities

• Work as a team member with the underwriting and sales staff to accomplish monthly loan volume objectives
• Assist with training and supervision of Loan Processor I as required
• Ensure all contract and applicant information is accurately verified and entered into Origenate prior to funding in the loan servicing system
• Follow-up with dealer clients on any outstanding stipulations, verifications, or documents needed to complete the processing of loans
• Meet or exceed Loan Processor production targets
• Build and maintain strong relationships with dealer client base
• Assist branch or business center in managing dealer and customer fraud by ensuring thorough and proper verifications are being completed
• Escalate any potential problems that may result in fraud or losses to management and ensure timely filing of Unusual Financial Observations (UFO) in accordance with company policies and procedures
• Assist management to ensure business center complies with all corporate guidelines and policies as well as all Federal and State regulations
• Other critical tasks and duties assigned

Preferred Qualifications

• Bachelor’s degree in Business or related field, or equivalent education and related training or experience
• Previous experience in finance/credit related industry
• Knowledge of credit verification process and related documents
• Bilingual