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Cognizant Consulting
SME-Loan Originations - Consumer Loan ProcessorCognizant Consulting • Hyderabad / Secunderabad, Telangana, India
SME-Loan Originations - Consumer Loan Processor

SME-Loan Originations - Consumer Loan Processor

Cognizant Consulting • Hyderabad / Secunderabad, Telangana, India
29 days ago
Job description
Consumer Loan Processor (US)

Job Profile Summary: The Consumer Loan Processor III is primarily responsible for providing support to the lending areas by reviewing the accuracy of complex consumer loans from conditional approval to closing.

Depth & Scope

  • Contacts customers directly to obtain conditions placed by lender or underwriter
  • Prepares required loan documentation for approved loan applications such as disclosures
  • Provides support to customers, branches, and lending staff as needed
  • Contacts customers to collect and review additional information as necessary
  • Answers phones in queue as well as personal line to assist customers
  • May test new systems and documentation software
  • May assist in training of Loan Processer I and II
  • Processes all specialty products
  • Reviews and verifies all required support materials, such as, titles, and floods to ensure the files are ready for closing
  • Advises customers regarding changes in rate and term.

Education & Experience

  • HS Diploma or GED required
  • 2-3 years loan documentation experience
  • Knowledge of Bank loan products and policies
  • Knowledge of lending software
  • Detail-oriented with ability to multitask
  • Ability to handle heavy workload and meet stringent deadlines
  • Excellent oral and written communication skills, with ability to interact effectively with all customers, both internal and external
  • Solid knowledge and understanding of states' regulations
  • PC skills
  • Ability to work a flexible schedule (rotation of nights and/or weekends)

Skills Required
Loan Documentation, Pc Skills
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SME-Loan Originations - Consumer Loan Processor • Hyderabad / Secunderabad, Telangana, India

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