About Company
Starting your career in financial services can be daunting, but at Career.zycto, we believe in empowering new talent. We’re a dynamic organization deeply committed to fostering growth and providing a solid foundation for aspiring professionals. For an entry-level Loan Processor, this means hands-on training, mentorship, and a clear path to understanding the mortgage and lending landscape. Join a team where your dedication is recognized, your learning is prioritized, and your contributions directly impact individuals achieving their homeownership dreams. We thrive on collaboration and innovation, making us an ideal launchpad for your professional journey in Boston’s vibrant financial sector.
Job Description
Career.zycto is excited to offer an exceptional opportunity for a motivated and detail-oriented individual to join our team as an Entry Level Loan Processor in our Roxbury, Boston office. This role is perfect for someone eager to kickstart their career in the financial services industry, specifically within the mortgage and lending sector. As an Entry Level Loan Processor, you will play a crucial supporting role in facilitating the loan application process, ensuring a smooth and efficient experience for our clients. You will be instrumental in collecting, reviewing, and verifying essential financial documents, acting as a critical link between borrowers, loan officers, and underwriters. This position offers comprehensive training and mentorship, providing you with a robust understanding of lending regulations, compliance, and best practices.
We are looking for someone with a keen eye for detail, strong organizational skills, and a proactive approach to learning. You will be responsible for maintaining accurate records, communicating effectively with all parties involved, and ensuring that all necessary paperwork is processed in a timely manner. While this is an entry-level position, your commitment to accuracy and customer service will be paramount to your success and growth within our company. You’ll gain invaluable experience in a fast-paced environment, learning the intricacies of loan processing from the ground up. This role is a fantastic stepping stone for individuals aspiring to grow into more advanced roles within loan origination, underwriting, or other areas of financial services. If you are a driven individual looking for a challenging yet rewarding career path, Career.zycto offers a supportive environment where your contributions are valued and your professional development is encouraged. We are committed to helping our employees build lasting careers and achieve their full potential.
Key Responsibilities
- Assist senior loan processors and loan officers in managing a pipeline of loan applications.
- Collect and organize necessary financial documents from applicants, including pay stubs, bank statements, tax returns, and credit reports.
- Review submitted documents for accuracy and completeness, identifying any discrepancies or missing information.
- Communicate effectively with applicants to request additional documentation or clarify information.
- Order third-party services such as appraisals, title searches, and flood certifications.
- Input and update loan data into the company's loan origination system (LOS) with precision.
- Ensure all loan files comply with company policies and regulatory requirements.
- Maintain clear and consistent communication with loan officers, underwriters, and closing departments.
- Assist in preparing loan files for submission to underwriting, ensuring all conditions are met.
- Learn and adhere to all federal and state lending regulations and compliance standards.
Required Skills
- High school diploma or GED equivalent.
- Exceptional attention to detail and accuracy.
- Strong organizational and time management skills.
- Proficiency in Microsoft Office Suite (Word, Excel, Outlook).
- Excellent written and verbal communication skills.
- Ability to work effectively in a fast-paced, deadline-driven environment.
- A strong desire to learn and grow within the financial services industry.
- Problem-solving abilities and a proactive attitude.
Preferred Qualifications
- Associate's or Bachelor's degree in Business, Finance, or a related field.
- Previous administrative or customer service experience.
- Familiarity with financial terminology or processes.
- Experience using a CRM system or data entry platforms.
Perks & Benefits
- Competitive salary with opportunities for growth.
- Comprehensive health, dental, and vision insurance.
- Paid time off and company holidays.
- 401(k) retirement plan with company match.
- Extensive training and professional development programs.
- Supportive and collaborative team environment.
- Opportunities for career advancement within the company.
- Employee assistance program.
How to Apply
Interested candidates are encouraged to click on the application link below to submit their resume and a cover letter detailing their interest in the Entry Level Loan Processor role and what they can bring to Career.zycto. We look forward to reviewing your application!
