Consumer Loan Processor

Loan Processor (Entry Level)

Job Summary

We are seeking a detail-oriented and highly organized Loan Processor to support the end-to-end processing of consumer loans. In this role, you will review applications, verify documentation, and ensure loans are completed accurately and efficiently in compliance with company policies and regulatory requirements. This position is ideal for someone who thrives in a fast-paced environment and takes pride in accuracy, quality, and teamwork.

Key Responsibilities

• Review and audit loan applications and supporting documents to ensure completeness, accuracy, and compliance
• Process and fund loans once all conditions and stipulations are met
• Generate and send loan contracts via DocuSign or shipping methods, ensuring all required signatures are obtained
• Partner closely with loan officers and internal teams to gather required documentation and resolve outstanding items
• Communicate effectively across departments to address issues and ensure timely loan processing
• Manage a shared application queue, prioritizing tasks based on urgency and service level expectations
• Maintain accurate records and documentation throughout the loan lifecycle
• Assist with system testing, process improvements, and special projects as needed

Daily Workflow

• Review and process incoming loan applications from a shared queue
• Validate documentation and follow up on missing or incomplete items
• Send contracts and complete funding once requirements are met
• Communicate with internal teams and manage follow-ups

Performance Expectations

• Meet turnaround time standards for processing and contract delivery (e.g., contracts sent within 45 minutes when applicable)
• Maintain high levels of accuracy, quality, and productivity
• Efficiently process loan tasks, often within tight timeframes
• Manage workload effectively during high-volume periods

Loan Types Supported

• Personal loans (lines of credit and installment loans)
• Auto loans (purchases, refinances, lease buyouts)
• Title-secured loans

Tools & Systems

• Microsoft Office Suite
• Loan Origination Systems (e.g., Temenos)
• Core banking systems (e.g., Symitar)

Work Environment

• Fast-paced, high-volume processing environment
• Collaborative, team-based setting with virtual communication across departments
• Team collectively processes 2,500–3,200 applications per month

Qualifications

Required:

• Strong attention to detail and organizational skills
• Ability to manage multiple tasks and meet deadlines
• Effective communication and problem-solving skills
• Comfort working in a high-pressure, deadline-driven environment
• Basic computer proficiency

Preferred:

• Experience in banking, financial services, or loan processing
• Knowledge of consumer lending or loan documentation

Key Skills

• Time management and prioritization
• Critical thinking and problem-solving
• Communication and collaboration
• Accuracy and attention to detail
• Adaptability and ability to learn multiple loan types

Experience Level

• Entry Level

Job Type & Location

This is a Contract position based out of Vernon Hills, IL.

The pay range for this position is $20.00 - $22.00/hr.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:
• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

This is a hybrid position in Vernon Hills,IL.

This position is anticipated to close on Jun 25, 2026.

About TEKsystems

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

About TEKsystems and TEKsystems Global Services

We’re a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We’re a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We’re strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We’re building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

San Francisco Fair Chance Ordinance: Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.

Massachusetts Lie Detector: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Use of Artificial Intelligence (AI): We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.