Entry Level - Loan Operations Processor (Fin-Tech)

Phaxis9 months ago
West Palm Beach, Florida, United States
On-site
Full-time
Beginner Level (< 1 year)

Job Description

Position Overview

A FinTech start-up company is looking to hire a handful of Loan Processors to join their team in West Palm Beach, FL for a long-term project. This role supports the complete loan processing cycle for both consumer and business clients, ensuring compliance with regulatory guidelines and providing an excellent borrower experience. Interviewing ASAP, apply now for more details!

Key Responsibilities

Consumer Loan Processing:

  • Review and process loan applications for auto loans, personal loans, credit lines, and other consumer lending products.
  • Verify applicant information including income, employment, credit reports, and debt obligations.
  • Ensure loan files are complete and compliant with federal and institutional requirements.
  • Coordinate with underwriters, borrowers, and loan officers to resolve documentation issues.
  • Prepare loan closing documentation and assist with disbursement of funds.

Business Loan Processing:

  • Process a variety of commercial loan products including term loans, lines of credit, SBA loans, and equipment financing.
  • Analyze business financial statements, tax returns, bank statements, and organizational documents.
  • Verify collateral, guarantor, and business ownership documentation.
  • Assist in assembling loan packages for underwriting and closing.
  • Monitor loan conditions, covenants, and post-closing document collection.
  • Ensure all business loan transactions comply with regulatory, underwriting, and audit requirements.

Benefits & Perks

  • Compensation: $20-$22/hr

Required Skills

attention to detail
document verification
financial analysis
loan processing
regulatory compliance
customer service
communication