Also referred to as: Senior Consumer Loan Processor
Requirements and Responsibilities

Loan Processor III performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Loan Processor III verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Loan Processor III ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma. Typically reports to a supervisor. The Loan Processor III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Loan Processor III typically requires 3-5 years of related experience.

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