Loan Processor

Medallion Bank Salt Lake City, UT
Full Time Entry Level

Posted 3 weeks ago

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About This Role

Process loan stipulations and support loan officers in gathering and verifying approval documentation for recreational lending programs. The role involves accurate data entry and providing excellent customer service to dealers.

Responsibilities

  • Provide timely, accurate and efficient application data entry
  • Process approved applications and complete required verifications, including income calculation, collateral valuation, and third-party verifications
  • Work with dealers to provide professional customer service to develop and strengthen dealer relations
  • Assist in the training of loan processors to complete required verifications of stipulations by loan officers
  • Maintain and increase productivity within the department
  • Assist all areas in answering calls from dealers and assisting them with their needs

Requirements

  • Exceptional experience in effective application processing
  • Self-motivated and hard working
  • Ability to handle multiple functions simultaneously and function in a high-pressure environment
  • Basic computer skills
  • Intermediate math skills for income calculation
  • Keyboard and accurate typing skills with a recommended minimum of 35 wpm

Qualifications

  • High school diploma or equivalent

Benefits

Life Insurance
Medical benefits
401(k) with company match
Disability Insurance
Vision benefits
Sick time
Volunteer Opportunities
Paid Holidays
PTO
Dental benefits
Vacation time
Financial Wellness Program

About Medallion Bank

An industrial loan bank specializing in consumer loans for recreational vehicles, boats, home improvement, and offering loan origination services to fintech partners.

Finance
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