Loan Processor Job at Popular Bank

Job ID : d0REdDJYcFZhUmFJc2wzblZvTGhydz09

At Popular, we offer a wide variety of services and financial solutions to serve our communities in Puerto Rico, United States & Virgin Islands. As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.


Are you ready for a rewarding career?

Over 8,000 people in Puerto Rico, United States and Virgin Islands work at Popular.

Come and join our community!

General Description

Evaluate and complete application under the Loss Mitigation Program in compliance with existing guidelines, internal procedures, regulations, and others.

Essential Duties and Responsibilities

  • Requesting the required internal documents for each case as: title study, BPO’s/appraisal, escrow analysis, property inspections and flood certification.
  • Verify that the financial evaluation and the documents delivered by the Borrower comply with the requirements of the Investors and Guarantors.
  • Handles incoming and outgoing calls to and from Borrowers during the Loss Mitigation process.
  • Submit the cases for Investor approval in compliance with the regulatory period.
  • Submit the cases to the Loss Mitigation Analyst in compliance with the regulatory period.
  • Ensure that all required documents are available in the file.
  • Disclose the approved alternative to the Borrower and provide guidance on the new terms.
  • Complete the steps and stage according to the status of the case as established.
  • Identifying loans that represent a loss for the business to reduce the losses in the Unit.
  • Able to handle multiple tasks.
  • Supports all the initiatives and additional duties as they may be assigned within the scope of the Loss Mitigation Unit.

Education

+ 60 Bachelor's Degree Credits Approved

Experience

At least two years of related experience.

Competencies

Accountability
Analytical Discipline
Collaboration & Teamwork
Change Agent
Customer Centric
Self Development
Business Excellence
Character

Additional Requirements

The information provided here is only a general guide as to the nature of the position and does not constitute an exact description of the goals, tasks, duties and responsibilities of the position. The specific details of each position are described in the employee’s performance evaluation.

Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.


If you have a disability and need assistance with the application process, please contact us asesorialaboral@popular.com. This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.


As Puerto Rico’s leading financial institution, we reaffirm our commitment to always offer essential financial services and solutions for our customers, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.


If you are a California resident, please click here to learn more about your privacy rights.

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Popular is an Equal Opportunity Employer

Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com.



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