Junior Loan Processor

At LendingPoint, we believe that everyone deserves to feel the power of possibilities. As an online fintech company, we’ve created advanced consumer, small business, and merchant point-of-sale lending solutions to unlock access to affordable loans and empower those working to build their financial potential. By creating technology that sees your potential, we’re driving a better lending and borrowing experience by finding more reasons to say “yes.”

More than just a job, LendingPoint is an exciting career choice where you’ll bring your expertise and experience to a talented team focused on providing an exceptional customer experience.

Are we speaking about you? Then keep reading.

What’s In It For You?

• Competitive Base Salary
• Excellent Benefits Package That Includes: Medical/Dental/Vision, 401(k) match, Paid Holidays, and more!
• Team Oriented Fast-Paced Fun Environment
• Dedicated and experienced Management Team
• On-going training and investment in our employees

What You’ll Do Day to Day:

Primarily responsible for the underwriting and analysis of all loan requests – reviewing, analyzing, approving and underwriting loans within company guidelines.

ESSENTIAL JOB FUNCTIONS:

· Process and underwrite loan applications through automated underwriting system, which may include approving and funding, following established policies and procedures.

· Maintain a culture of quality customer service at all points of contact with LendingPoint, LLC customers.

· Analyze applicants’ financial status (i.e. financial statements, tax returns. Etc.) and credit to determine feasibility of granting loans.

· Obtain and compile copies of loan applicants' credit histories, and other financial information in a timely manner.

· Enter customer and account data by inputting alphabetic and numeric information on keyboard or optical scanner according to screen format.

· Contact credit bureaus, employers, and other sources to confirm applicant’s credit and references.

· Communicate with applicants to obtain information for loan applications and to answer questions about the process, as needed.

· Request any additional information in order to complete the loan decision.

· Contact sales and appropriate operations staff to discuss missing items or questions pertaining to the loan request and make sure all conditions are met.

· Perform quality control check of data to ensure information is correct.

· Ensure loan documents are accurate, complete, and compliant with company policies.

· Render application decisions and communicate the final decision to the appropriate sales staff.

· Meet personal/team targets/goals/quotas

· Maintain customer confidence and protect operations by keeping information confidential.

OTHER JOB FUNCTIONS:

• Must be able to work weekends, as needed.

MINIMUM QUALIFICATIONS:

· High school diploma or equivalent required

· 2-4 years’ experience in underwriting, preferred

• Sales force experience, preferred.
• Proficient at pipeline management with an emphasis on organizational and multitasking skills.

· Proficient in MS Office Suite

• Familiar with CRM systems and practices