Consumer Loan Processor

Kforce Inc.

Saint Louis, MO

JOB DETAILS
SALARY
$24–$27
SKILLS
Communication Skills, Consumer Loans, Disbursements, Establish Priorities, High School Diploma, Legal, Loan Approval, Loan Closing, Loan Documents, Loan Funding, Loan Origination, Loan Processing, Organizational Skills, Presentation/Verbal Skills, Short Messaging Service (SMS), Time Management, Underwriting, Writing Skills
LOCATION
Saint Louis, MO
POSTED
2 days ago
Kforce has a client that is seeking a Consumer Loan Processor in Saint Louis, MO. Job Summary: The Consumer Loan Processor is responsible for a variety of tasks related to high-quality closing and disbursement of approved consumer loan applications originating through direct and indirect channels, including application quality review, red flag identification, new account opening, and document uploads. This role requires prompt, efficient, and accurate support to member-facing team members and indirect partners to provide high-quality service to valued members. Job Responsibilities:
  • Closely inspects consumer loan applications and documents for completeness, accuracy, and compliance to ensure all procedures and policies are adhered to and all underwriting stipulations have been met
  • Reviews loan applications for fraud and follows procedures for tracking and escalating to appropriately resolve
  • Assures timely loan closing and funding activities across multiple systems (e.g. setting flags, updating statuses, generating loan document packages)
  • Inputs and updates data, generates necessary electronic and paper documents, and distributes to members via DocuSign for signature
  • Collaborates with team members and dealer partners to resolve held indirect contracts and provide effective and efficient service
  • Accurately logs each loan disbursement transaction for payment to the dealership
  • Completes Office of Foreign Assets Control (OFAC) reviews and opens share accounts for applications that qualify for membership; Establishes non- member share accounts when applicable and sets all required restrictive flags

Requirements:

  • High School diploma/GED; Bachelor's degree preferred
  • Minimum of 3 years of related experience
  • An equivalent combination of education, training, and experience will be considered
  • Knowledge of applicable laws and regulations to include the Bank Secrecy Act (BSA), Fair Lending, Patriot Act, Information Security, and OFAC
  • Proficient computer skills, with knowledge of Microsoft Office Suite
  • Strong time management skills
  • Strong member service focus
  • Sufficient organization skills to include planning and prioritization
  • Sufficient written and verbal communication skills

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

By clicking “Apply Today” you agree to receive calls, AI-generated calls, text messages or emails from Kforce and its affiliates, and service providers. Note that if you choose to communicate with Kforce via text messaging the frequency may vary, and message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You will always have the right to cease communicating via text by using key words such as STOP.


About the Company

K

Kforce Inc.

Kforce is a solutions firm specializing in technology, finance and accounting, and professional staffing services. Our KNOWLEDGEforce® empowers top companies to achieve their digital transformation goals. We curate teams of technical experts who deliver solutions custom-tailored to each client’s needs. These scalable, flexible outcomes are shaped by deep market knowledge, thought leadership and our multi-industry expertise.

 

Our integrated approach is rooted in 60 years of proven success deploying highly skilled professionals on a temporary and direct-hire basis. Each year, approximately 18,000 talented experts work with the Fortune 500 and other leading companies. Together, we deliver Great Results Through Strategic Partnership and Knowledge Sharing®.

COMPANY SIZE
1,000 to 1,499 employees
INDUSTRY
Financial Services
FOUNDED
1962
WEBSITE
http://www.kforce.com/