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Sr Loan Processor - Premium Finance IL

Company: Valley National Bancorp
Location: Lincolnshire
Posted on: June 12, 2021

Job Description:

The Senior Processor works with standard and complex Premium Finance Loan transactions.

Responsibilities include but are not limited to:

  • Processes a pipeline of Simple and Complex Premium Finance Non-Conforming, and Conforming Loans.
  • Ensures regulatory compliance with disclosure and verification requirements.
  • Ensures all documents are prepared and finalized in compliance with policies and procedures.
  • Ensures Premium Finance Loan documentation is cataloged property.
  • Reviews and verifies Finance Contract accuracy to Finance quoting system.
  • Provides excellent customer service to Insurance Agents and their Customers, both verbal and written giving status and describing needed information.
  • Provides feedback to management on loan activities based on loan level reporting.

Required Skills:

  • Excellent verbal and written communication skills.
  • Excellent analytical skills.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
  • Basic personal computer skills including electronic mail, word processing, spreadsheet, graphics, etc.
  • Knowledge of Finance Pro or similar software Premium Finance Software is preferred.
  • Must be able to work in a fast-paced environment.
  • Must handle multiple tasks simultaneously.
  • Must have the ability to prioritize and organize competing assignments.
  • Must be detail oriented.

Required Experience:

  • High School Diploma or GED and a minimum of three years' experience managing and processing a diverse pipeline of Premium Finance Loans or complex mortgage transactions or other like financial loan processing experience.
  • College Degree preferred.

Keywords: Valley National Bancorp, Chicago , Sr Loan Processor - Premium Finance IL, Other , Lincolnshire, Illinois

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