Job summary
Job post source
This job is directly from San Francisco Federal Credit Union
Job overview
The Senior Loan Processor at San Francisco Federal Credit Union is responsible for managing the processing of conventional and non-conventional mortgage loans, ensuring an exceptional member experience and compliance with regulations.
Responsibilities and impact
The role involves preparing loan files for underwriting, inputting data into the loan origination system, ordering and verifying loan documents, tracking loan conditions, communicating with stakeholders, and ensuring timely loan closings.
Compensation and benefits
The compensation ranges from $41.00 to $53.00 per hour and includes health insurance, generous PTO, 401(k) plan, profit sharing, bi-annual bonuses, and tuition reimbursement.
Experience and skills
Candidates need an associate's degree with at least four years of mortgage lending experience, knowledge of federal and state lending laws, strong communication skills, and proficiency in relevant software; ICE/Encompass knowledge is preferred.
Career development
The position offers growth opportunities through exposure to executive decision-making and skill development across various functions in a mission-driven organization.
Work environment and culture
The company culture is mission-driven, supportive of diversity and inclusion, and values teamwork and professional growth in a dynamic environment.
Company information
San Francisco Federal Credit Union is a financially strong credit union with over 43,000 members, assets exceeding $1.3 billion, and branches in San Francisco and San Mateo County.
Team overview
The Senior Loan Processor will join the Golden Gate Branch team, working collaboratively with loan originators, underwriters, and closers.
Job location and travel
The job is based at the Golden Gate Branch in San Francisco, California.
Unique job features
The role requires NMLS compliance and offers the chance to work in a high-growth credit union with a focus on member service and regulatory compliance.
Company overview
San Francisco Federal Credit Union is a member-owned financial cooperative providing a range of banking services, including savings accounts, loans, and credit cards, primarily to residents and workers in San Francisco and San Mateo counties. Founded in 1954, the credit union focuses on community-oriented financial solutions and personalized customer service. They generate revenue through interest on loans, fees for services, and investments. Notably, they emphasize financial education and community involvement, offering programs and resources to help members achieve financial stability and growth.
How to land this job
Position your resume to highlight your extensive experience in mortgage loan processing, emphasizing your ability to manage conventional and non-conventional loans from application through final approval.
Focus on showcasing your knowledge of federal and state lending regulations, compliance with FHLMC, FNMA, and correspondent lenders, and your proficiency with loan origination systems like ICE/Encompass.
Apply through multiple channels including the San Francisco Federal Credit Union corporate website, LinkedIn job postings, and other reputable job boards to maximize your chances of being noticed.
Connect with current employees in the loan processing or mortgage lending division at San Francisco Federal Credit Union on LinkedIn; start conversations by referencing recent company growth, asking about team culture, or inquiring about key challenges in the Senior Loan Processor role.
Optimize your resume for ATS by incorporating keywords such as 'loan origination system,' 'mortgage loan processing,' 'compliance,' 'NMLS registered,' and 'credit risk analysis' to ensure it passes automated screenings.
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