Loan Processor

Performs administrative functions such as facilitate the releasing of loan check and ensuring compliance of the borrower to loan documents or requirements.

• Informs the client regarding loan charges such as monthly amortization, deductions, penalties, net proceeds and documentation requirements prior to release of loan.
• Ensures that borrower/co-borrower/co-maker complies with the required documents prior to release of loan proceed.
• Checks the completeness, validity and authenticity of all documents submitted by the borrower/co-borrower/co-maker.
• Facilitates signing of legal documents to borrowers/co-borrowers/co-makers as applicable.
• Prepares the Post-Dated Checks (PDCs) and provides a printed copy
• Facilitates releasing of loan proceeds to borrowers after completing the required documentations and cancellation of loan checks that are not claimed by borrowers.
• Encodes all information of the loan borrower in the database system (master file).
• Prepares check requests for rebates, refunds, agents commission, net proceeds, cash cards and opening of checking account
• Consolidates and ensures proper filing of all loan documents.
• Performs other work-related functions that may be assigned from time to time.
• Candidate must possess at least Bachelor's/College Degree in Business Studies/Administration/Management or equivalent.
• Has good customer service skills, administrative skills and communication skills
• Has excellent attention to details as the job requires thorough checking and review of information and accuracy of data
• With high sense of responsibility, accountability and integrity
• Computer proficient
• No work experience required for this position