Loan Processor
NewtekOne (NASDAQ: NEWT)
Job Overview
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Job Description
About NewtekOne
NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.
Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.
About the Role: Loan Processor
Small Business Lending, LLC. is looking to add a Loan Processor to its team. The Loan Processor is responsible for administration of loan submissions from intake and pre-qualification through closing, in compliance with business, legal and regulatory requirements; reviews applicant documentation to determine sufficiency for underwriting; orders and reviews required reports for applicant business and related entities/individuals; uploads reports as obtained for review by underwriter.
Essential Functions & Responsibilities
- Responsible for administration of loan submissions from intake and pre-qualification through closing
- Reviews applicant documentation to determine sufficiency for underwriting
- Orders and reviews required reports for applicant business and related entities/individuals
- Uploads reports as obtained for review by underwriter
- ETRAN Origination and Servicing input
- Manages Verification of Criminal History and Citizenship for applicants
- Other duties as assigned
Knowledge, Skills & Abilities
- Strong organizational, verbal and written communication skills are required.
- Operational proficiency in Microsoft Office to include Word and Excel
Education & Certification Requirements
- College degree preferred.
Key skills/competency
- Loan Administration
- Document Review
- Underwriting Support
- Regulatory Compliance
- Financial Reporting
- ETRAN Systems
- Applicant Verification
- Microsoft Office
- Communication Skills
- Organizational Skills
How to Get Hired at NewtekOne (NASDAQ: NEWT)
- Research NewtekOne's culture: Study their mission, values, recent news, and employee testimonials on LinkedIn and Glassdoor.
- Tailor your resume: Customize your resume to highlight experience in loan processing, financial administration, and compliance.
- Showcase relevant skills: Emphasize strong organizational, communication, and Microsoft Office skills specific to financial services.
- Prepare for behavioral interviews: Practice articulating how you've handled compliance, document review, and administrative tasks.
- Highlight attention to detail: Demonstrate your precision in managing financial documents and adherence to regulatory standards.
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