1803 Capital LLC / Edge Financial Services is adding to our team. We are hiring a loan processor for our Funding department.
We offer a great benefit package including paid parking in our building located in Metairie. Standard office hours are 8:00am-5:00pm, but during peak season in the spring some later hours and Saturday hours may apply.
Position Summary
Loan Processor provides a complete review of automobile loans and support needed to close and fund the loans.
Essential Job Functions
- Manage individual queue with loan pipeline for processing.
- Review packages for errors and missing documentation and request from Dealers in a timely manner.
- Analyze customer signed loan documentation to ensure satisfaction with company guidelines (e.g., appropriate descriptions, signatures, and dates).
- Obtain any missing information to complete required file documentation.
- Meet processing time frames, as provided.
- Communicate any necessary exceptions to credit department for review.
- Maintain data integrity within front end origination systems; Megasys, Automatic USA and any other systems used.
- Follow Company policy, procedures, and guidelines.
- Adapt to and understand the daily operations of the Loan Processing group.
- Other duties assigned to complete by any member of management.
- Work overtime and Saturdays as needed.
Required Skills/Abilities
- Communicate effectively both verbally and in writing.
- Demonstrate effectiveness in working well within a fast-paced, dynamic environment with a high sense of urgency.
- Excellent time-management skills to manage a large volume of tasks while providing excellent internal and external customer service.
- Maintain a high level of integrity and confidentiality.
- Demonstrate initiative to accomplish work objectives.
- Work effectively and demonstrate flexibility in a continually changing environment.
- Demonstrate effective organization, critical thinking, analytical and problem-solving skills.
- Work without close supervision as well as collaboratively in a team environment.
- Attention to detail.
- Computer skills include use of Microsoft Outlook, Word, and Excel as well as ability to learn and utilize other information systems.
- Maintain good punctuality and attendance to be at work.
Education/Experience
- Two or more years of experience and a proven track record of in-depth review of loan documentation highly preferred.
- General experience in these areas is highly desired: loan processing, loan administration, loan funding and/or booking and loan documentation review.
Physical Requirements
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift up to 5 pounds at times.
- Occasional walking and standing.
- Typing and applying pressure with fingers.
- Speaking, listening.
- Close visual acuity to view computer monitor.
This is NOT an all-inclusive list of duties, skills, abilities, education, experience, and physical requirements of the position.
Work Location: In person
