Jul 31, 2020

Sr. Loan Processor

  • Patterson Companies Inc
  • Minneapolis, MN, USA
Finance

Job Description

Overview


  • This position supports business operations by providing timely and accurate service to our customers that find themselves in a distressed situation requiring modification of the terms of their loan.  
  • The objective of this role is to book incoming loan rewrites and modifications in a timely manner with the least impact on our customer.
  • Directly responsible for the daily administration of all loans. Acts as the primary contact for all loan rewriting and modifying including loan funding and problem resolution with regards to loan processing. 

Responsibilities


Main Function Area 1   50%

Review rewrite and modification of installment loan files and loan documents for completeness and accuracy ensuring compliance with Patterson policies and state and federal regulatory requirements.  Includes monitoring of system generated or department reports using Microsoft Excel.

 

Main Function Area 2     25%

Monitor lending production adherence to regulatory compliance by reviewing loan documents. Suggest and/or conduct training where needed.

 

Main Function Area 3     25%

Maintain and manage loan file and document status information using both system generated and manually prepared reports, adhering to established follow-up procedures.  Document receipt into information systems or department’s manual reports.



Qualifications


Minimum Qualifications

  • Basic Accounting knowledge and math aptitude necessary
  • 3 years of experience in short term lending, accounting, or related field required
  • Working knowledge of Microsoft Excel
  • Strong oral and written communication skills
  • Demonstrated success in prioritizing and time-management

 

Preferred Qualifications (Below are examples):

  • 2 year degree in Accounting or Business Administration 

States

MN  

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