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Discount Clerk
Valley National Bancorp
Wayne, NJ, United States
Job Details - this job has expired, please see similar jobs below
The Discount Clerk will be responsible for post closing review and booking of consumer loan products (direct/indirect auto, personal loans, home equity loans/lines, preferred checking and cash value credit lines).
Responsibilities include but are not limited to:
• Review loan documentation to ensure accuracy and completeness including amount, rate, term, vehicle descriptions, signatures and approvals.
• Follow up with branches and automobile dealerships for missing or corrected documents.
• Ensure loan officers' approval and conditions have been met.
• Review underwriting exceptions with loan officers.
• Return/bounce dealer drafts for loans that Valley can't book or did not approve.
• Reconcile loans-in-process general ledger account. Review and validate incoming drafts from dealers.
• Review and validate loan disbursements done by the branches.
Required Skills:
• Good communication skills both verbal and written.
• Good phone skills.
• Basic PC skills including general understanding of databases and Microsoft Word and Excel.
• Basic math skills.
• Strong attention to detail.
• Ability to review loan documentation for completeness and accuracy.
• Ability to handle multiple tasks simultaneously.
Required Experience:
• High School Diploma or GED and a minimum of two years working with loan documents.
• Bookkeeping or accounting experience preferred.