Loan Processing Manager Responsibilities:
- Oversee and manage the end-to-end loan processing cycle, ensuring accuracy and timely completion of applications
- Review loan applications to ensure all necessary documentation is provided and compliant with company policies and regulatory requirements
- Collaborate with underwriting and sales teams to resolve any issues related to loan applications and approvals
- Monitor loan pipeline and ensure deadlines are met for funding and disbursement
- Ensure adherence to federal, state, and company lending regulations (e.g., TILA, Fair Lending, ECOA)
- Conduct regular audits and quality control reviews to maintain accuracy and mitigate risk
- Implement policies and procedures to improve compliance and reduce loan processing errors
- Lead, mentor, and develop a team of loan processors to meet performance goals
- Provide training on loan policies, software systems, and customer service best practices
- Monitor team productivity and implement improvements to optimize efficiency
- Serve as a point of escalation for complex loan processing issues
- Ensure clear and timely communication with applicants regarding their loan status and required documentation
- Work with internal teams to enhance the overall customer experience
- Utilize loan origination software (LOS) to track and process applications
- Identify areas for process improvement and implement solutions to streamline workflows
- Maintain detailed records and generate reports for management review
Loan Processing Manager Requirements:
- Bachelor’s degree in finance, business, or a related field (preferred but not required).
- MUST HAVE 5+ years of near prime/sub prime loan processing experience, with at least 2 years in a supervisory or managerial role.
- Strong understanding of personal lending products, loan origination systems, and compliance regulations.
- Excellent leadership, problem-solving, and communication skills. Ability to work in a fast-paced environment and manage multiple priorities.
- Experience with loan origination software (e.g., Encompass, LendingPad, Finastra) and Microsoft Office Suite
Thank you,
Joey Anderson
Team Lead
LaSalle Network
LaSalle Network is an Equal Opportunity Employer m/f/d/v.
LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Marketing, Technology, Supply chain, Healthcare Revenue Cycle, Call Center, Human Resources and Executive Search. LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries. LaSalle Network is the premier staffing and recruiting firm, earning over 100 culture, revenue and industry-based awards from major publications and having its company experts regularly contribute insights on retention strategies, hiring trends and hiring challenges, and more to national news outlets.
