Loan Processing Specialist

at  Goeasy

If you are looking to join one of Canada’s fastest growing companies, goeasy Ltd. is the place for you! Recognized as one of North America’s Most Engaged Workplaces, we want the best to join our team.
The Loan Processing Specialist is responsible for reviewing, analyzing, evaluating and approving a loan application. The Loan Processing Specialist has the authority to grant exception approval(s) where a loan application does not satisfy company policy.
No experience, but looking for a career opportunity? We offer full comprehensive training programs to equip you with the tools needed for success.

• Processors apply detailed knowledge and understanding of company policies and exception approvals.
• Assess and analyze loan applications; review, evaluate and analyze credit and financial history of applications including capacity to pay to make final processing decision.
• Grant approvals applications in accordance with company policy or as delegated by the Risk and Analytics department as a loan processor
• Provide rationale to branch managers in regards to the underwriting process and the analysis that took place where such applications are either approved or refused.
• Adhere to acceptable review timeframes for analysis of applications and processor best practices
• Incorporate new (or changes to) policies and procedures in a live environment fluidly so as not to disrupt workflow for the processing unit.
• Answer queries from sales staff pertaining to applications submitted for analysis and/or exception approval from the processing team.
• Pinpoint fraudulent documents during analysis and report these to appropriate departments and the processing unit.
• Match and validate application information such as income, paystubs and credit ratings to make a final processing decision in the approval process