Loan Processor

CoWorx Staffing services is looking for an experienced Loan Processor to work with our premier client, Yamaha Motor Company, located in Cypress, CA. The Loan Processor reviews loan packages to ensure all documents are executed properly and within the allowed Credit Policies. They will also conduct direct verifications with external entities, including consumers, dealers, and others, to validate employment, income, collateral, and other loan approval terms.

Responsibilities:

Conduct direct verifications with emphasis on processing time, quantity of loans processed, and quality of loans funded.
Meet minimum YMFUS standards for daily loan volume.
Ensure all information is obtained and check for accuracy prior to loan processing
Convert approved applications to funded loans
Communicate and interact, both written and verbal with dealers, credit department, management, and external/internal entities in a professional, concise, and positive manner
Support Credit Underwriter
Participate in testing efforts (i.e., User Acceptance Testing) of changes to the loan origination software and related systems
Perform related duties as needed

Desired Background/Skills:

High School Diploma Required.
Must have a minimum of 1+ years of subprime funding or consumer finance/bank environment experience.
Basic knowledge of accounting and credit processing, basic math skills including the ability to calculate debt rations, payment ratios, and pro rate income.
Must have strong analytical and quantitative skills, organizational, negotiation, interpersonal skills and acute problem-solving ability.
Must be results oriented and possess a high level of personal initiative.
Strong proficiency in MS Office (i.e., Word, Excel, Power Point, Outlook, etc.)
This position will also support other departments within YMFUS during non-peak season
Ability to work flexible hours including weekends and overtime, as necessary

Other Information:

Schedule: Monday-Friday, 9am-5:30pm, with possible over time when needed.
Payrate: $24.00-$25.00 Per Hour
All candidates must under go a credit report check to be considered for the position.

Benefits:

Weekly Pay
Medical, Dental, Vision, Life, Accident, Behavioral Health discounted services
12 paid holidays after 30 days
401k after one year
Longevity bonus
Great work environment

Don’t miss out on this excellent opportunity to join a hardworking, supportive team- apply with us today to get started!

CoWorx is an equal opportunity employer dedicated to fostering a diverse and inclusive team. We believe that a varied workforce enhances our business outcomes and contributes to a brighter future for our internal teams, Field Talent, customers, and communities. We are committed to considering all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or veteran status, and we do not discriminate based on disability.

If you are a person with a disability and require assistance during the recruitment process, please reach out to us.

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Interested candidates please reference job code 234417 when responding to this ad.