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Use left and right arrow keys to navigate
Hours Full-time, Part-time
Location Medford, MA
Medford, Massachusetts

About this job

Our financial services client in Medford, MA is seeking multiple Loan Analyst and Loan Processors to start ASAP for a 5 month contract (has the potential to go longer or go permanent)

The Loan Analyst is responsible for underwriting loans: reviewing credit when necessary, reviewing all supporting documentation and rendering the final decision on each loan all while adhering to company policies and procedures.
Must have strong data entry experience.

Responsibilities:
* Ensure a timely review of loan requests through the credit decision engine system (Capstone) and establish credit decisions in accordance with loan program guidelines.
* Review and analyze loan documentation for acceptance with underwriting and fraud prevention policies.
* Determine if additional information is required from borrowers, schools, various other sources and if necessary request this information.
* Update processing system (PRPC) with loan status and notes.
* Perform reconsideration on previously declined loans pursuant to applicant's request.
* Perform all aspects of loan certification processing
* Maintain privacy/confidentiality of all applicant/borrower financial data and information provided as part of loan request.
* Assist management in upholding department and company standards and creating a positive and productive work environment.
* Participate on projects and other duties assigned by management team.

Qualifiations:

*** MUST BE RELIABLE AND ABLE TO WORK THROUGH THE SUMMER TO Early October - 100% ATTENDANCE IS MANDATORY
*** Candidates that typically work out well have some processing, mortgage or experience with loans in general. Credit/Debt Conolidation companies offer similar experience as well. Will look at candidates who have very good data entry, research/review, document controls, or processing experience in any environment.

* 6 months - 2 years of high volume consumer lending/processing experience, student lending experience preferred.
* Experience reading Credit Bureau Reports strongly preferred.
* Strong verbal and written communication skills
* Strong analytical skills
* Detail oriented
* General math skills
* Must demonstrate flexibility and adaptability
* Must demonstrate initiative and be pro-active
* Must demonstrate sound judgment and decision making skills
* Proficient use of Microsoft Office and internet navigation software
* Highly proficient computer skills, i.e. navigating through different system applications

Level of Education Required:
* High school diploma or equivalent work experience, BS/BA preferred

About Aerotek:

Aerotek, headquartered in Hanover, Md., is a leading provider of technical, professional and industrial staffing services. Established in 1983, Aerotek is an operating company of Allegis Group, the largest provider of staffing services in the U.S. Aerotek operates a network of more than 200 non-franchised offices throughout the U.S., Canada and Europe. For more information, visit .

Aerotek is acting as an Employment Agency in relation to this vacancy.