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Business Lending Specialist Temp

Local Government Federal Credit Union
United States, North Carolina, Raleigh
6408 Hilburn Drive (Show on map)
August 23, 2022

Description

The Business Lending Specialist temp is a key contributing member within the Member Business Lending department. This is a multi-skilled position that provides working knowledge of loan documentation for business entities, processing, servicing, insurance monitoring, loan research, and system testing.

Normal Day-to-Day Work

  1. Review and maintain loan files for proper documentation and compliance with audit requirements.
  2. Initiate and analyze standard and custom monitoring requirements for insurance.
  3. Perfect Credit Union lien for all non-real estate loans, organizes loan file and completes checklist for any suspense items and books loan on loan servicing system.
  4. Assists in the creation and implementation of loan operations procedures and processes and identify risks and opportunities for improvement related to booking, ticklers, insurance, posting payments, construction disbursement, etc. based on core system utilization needs.
  5. Write and run UAT or regression test queries according to user requirements that conform to guidelines and policies.
  6. Apply extensive knowledge of member business lending products in maintaining and understanding the loan core processing system.
  7. Monitors, reviews, and validates periodic loan reports and system output and resolves/escalates issues as appropriate. Provides reconciliation and identification of pattern activities or anomalies in reports and notifies management.

Job Qualifications

Here are a few skills you MUST have to be considered for this position.

  1. 1 - 3 years working in business lending operations and/or consumer lending.
  2. Experience working in one or more of the following areas: regulatory/compliance requirements, core conversions, loan documentation, loan processing, or loan servicing.
  3. Ability to function in a Consumer business office environment and utilize standard office equipment including but not limited to: PC, copier, telephone, etc.
  4. Ability to lift a minimum of 25 lbs. (file boxes, computer printer).

Here are a few qualifications we'd LIKE you to have to make you more suited for this position.

  1. Four-year college degree is preferred.
  2. Experience with Fiserv DNA is preferred, but not required

About the LGFCU Culture

If you are working here, or considering working here, you should know a little something about the LGFCU culture. We are a workplace that highly values the contributions of a diverse group of people. We believe if we put our heads and hands together, we can accomplish amazing feats for our members. To this end, we recruit bright, energetic and talented people to be members of our team. In return, we offer a dynamic work place that presents opportunities for advancement and learning new skills. We really believe that when our employees succeed, members win.

If you have questions about this position description, please feel welcome to ask. You can reach our HR at:

LGFCU Human Resources

3600 Wake Forest Road

Raleigh, NC 27609

careers@lgfcu.org

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