Consumer Loan Specialist

Our client located in Alpharetta is looking for a Consumer Loan Specialist to join their team!

$50k - $60k

Direct Hire

Medical, 401k, PTO

In office 4 days a week, one day from home

The Consumer Loan Specialist would be the primary point of contact in the consumer loan process and would be responsible for gathering all necessary supporting loan documentation essential for the credit decision and orders the services related to securing the collateral.

Job Functions:

• Consult with applicants about their current and future needs and goals to determine the optimal product path, including discussing loan terms, rates, fees and other costs.
• Maintain contact with the applicants throughout the various loan stages. Provide regulatory disclosures as required.
• Effectively communicate with bankers, underwriters and documentation specialists.
• Perform a general evaluation of assigned loan applications (financial documents, pricing and structure, etc.)
• Gather all important data and documentation from applicant, ensuring completeness and compliance with current banking regulations and policies
• Order verification documentation as required by product (Verification of Employment, Verification of Deposits, Verification of Rent, etc.)
• Order collateral services as required by product (Appraisal, Title, etc.)
• Manage the timeline of the loan process to ensure on time closings to meet the applicant’s needs and expectations. Coordinate the closing location.
• Maintain good punctuality and attendance to work.

Knowledge, Skills, and Abilities:

• Knowledge of Consumer Loan products and regulations, including TRID, HMDA, Reg B, ATR/QM and HPML.
• Ability to communicate effective both verbally and in writing.
• Ability to demonstrate initiative to accomplish work objectives.
• Ability to work effectively and demonstrate flexibility in a continually changing environment.
• Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills.
• Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
• Ability to work without close supervision.
• Ability to maintain attention to detail.
• Ability to work effectively in a team environment.
• Ability to work extended hours.
• Skill in using computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.