Consumer Loan Processor

at  BECU

As the nation’s largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members’ financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members.
BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There’s never been a better time to work for BECU.
To learn more visit becu.org/careers.

QUALIFICATIONS:

Minimum Qualifications:

• Associate’s degree in Business or equivalent work or educational experience.
• Minimum of one year of experience in Consumer Lending.
• Verbal and written communication skills.
• Organizational skills, with the ability to prioritize tasks.
• Knowledge of RESPA, HMDA, Fair Lending, and ECOA regulations.
• Proficient in PC skills with the ability to learn new software.
• Math and basic accounting skills.

Desired Qualifications:

• Bachelor’s degree in Business or related field.
• Ability to handle multiple loans in various stages and environments.
• Knowledge of Credit Union departments and their interaction with Consumer Lending.
• A thorough understanding of BECU’s Consumer Loan pricing structure and loan products.

• Process Consumer Loans: You’ll handle every step of loan processing, ensuring each application is accurate, complete, and compliant with BECU’s lending policies.
• Clear Underwriting Conditions: Work closely with members, branch staff, and underwriters to meet underwriting requirements and move loans toward final approval.
• Collaborate with Vendors: Partner with external vendors to ensure all collateral conditions are satisfied, keeping communication professional and efficient.
• Analyze Loan Documents: Review and assess loan documents to confirm credit, collateral acceptability, and all financial ratios are in line with policy standards.
• Coordinate Loan Closings: Facilitate smooth loan closings by preparing documents for member signatures and coordinating final terms with Marine Title Companies and dealers.
• Support Members: Provide top-tier customer service by addressing member inquiries, resolving issues promptly, and offering alternative loan products when appropriate.
• Monitor Loan Queues: Manage multiple consumer loan processing queues and inboxes, ensuring service levels are met while keeping up with multiple loan tasks.
• Ensure Compliance: Keep up-to-date on BECU loan policies and ensure all documentation, pricing structures, and forms meet regulatory and institutional requirements.
• Post-Closing Review: Conduct post-closing reviews to verify all closing conditions are met, ensuring compliance and member satisfaction.
  This isn’t just about ticking off tasks on a list. It’s about making a significant, positive change in BECU’s journey, where your contributions are valued, and your growth is continually fostered.