Consumer Lending Processor

Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America's Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation's leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

Summary

Processes loan applications received from applicants through various channels. Reviews loan documents, updates applicants' records in lending operating systems, and expedites the loan approval process. Guides the applicant consumer loan journey and completes loan disbursement activities.

Qualifications & Education

• Associate's degree required or four years directly related experience
• Minimum two years of consumer lending experience or equivalent required

Required Skills

• Effective written and verbal communication skills
• Strong attention to detail and accuracy
• Originate Loans
• DNA
• Credit Report Analysis
• Microsoft Applications including, but not limited to, Excel, Word and Power Point

Job Duties

• Process loan applications received through various channels, reviewing applications to verify accuracy of information and completion and communicating loan decision to applicant
• Research supporting loan application documents, verify dealer and collateral information, income verification, and any other pertinent related information
• Utilize DocuSign to process remote closings on consumer loan products
• Responsible for quality control of received documents to ensure proper signatures and accuracy and disburses loan funds
• Process Lease Assumption applications and ensure transfer of interest documents are signed and funds disbursed accordingly, updating Loan Servicing with transferee information
• Maintains credit card accounts to ensure accuracy of records and compliance with institutional guidelines and operating procedures
• Review and verify various updated member information and update core lending systems accordingly
• Participate in lending systems UAT programs. Test new LOS functionality and report defects uncovered
• Identify cross selling opportunities and build strong member relations
• Perform other duties as needed upon request from immediate supervisor

Benefits of Joining the Teachers Team:

We provide a competitive compensation and benefits package that includes, but is not limited to:

• This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives

• Paid time off for vacation, personal days, and holidays

• 401(k) company contribution

• Teachers pays 100% of Dental & Vision premium

• Tuition reimbursement is offered to full-time employees

• Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $25.50 - $30.50 hourly. This range is an estimate based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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