New

Consumer Loan Processor

TEKsystems
$20.00 - $22.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Illinois, Vernon Hills
Jun 13, 2026
About the Role We are seeking a detail-oriented Consumer Loan Processor to support a high-volume lending team. This role is focused on reviewing, processing, and funding consumer loan applications while ensuring accuracy, compliance, and timely turnaround. You will work closely with internal loan officers and business units to move loans efficiently through the pipeline-this is a fast-paced, production-driven environment with a strong emphasis on quality. What You'll Do * Review and audit loan applications and supporting documents for completeness and accuracy * Ensure all loans meet internal policies, procedures, and regulatory requirements * Partner with loan officers and internal teams to obtain required documentation and clear conditions * Generate loan contracts and send via DocuSign or mail for completion * Fund loans once all stipulations and requirements are satisfied * Work from a shared queue to process incoming applications * Manage a high volume of internal communication and follow-ups * Communicate with cross-functional teams to resolve issues quickly * Support system updates, testing, and special projects as needed Day-to-Day Breakdown * 70% loan processing & document review * 30% internal communication, follow-ups, and email correspondence Work Environment & Volume * Team processes approximately 2,500-3,200 loan applications per month * Highly collaborative, working virtually with internal branches and service teams * Fast-paced, deadline-driven environment with strong production expectations Performance Expectations * Strong focus on speed, accuracy, and productivity * Example metrics include: * Sending loan contracts within tight turnaround times (e.g., ~45 minutes) * Completing processing tasks efficiently (as quickly as 10 minutes when possible) * Measured on turnaround time, quality, and overall volume Types of Loans Processed * Personal loans (lines of credit, installment loans) * Auto loans (purchases, refinances, lease buyouts) * Title-secured loans * (Training will cover all loan types over time) Required Qualifications * 2+ years of experience in financial services * Background in banking, lending, or credit union environment * Experience in a customer-facing or service-oriented role (branch, teller, call center, etc.) * Strong attention to detail and organizational skills * Excellent communication and time management skills * Proficiency with Microsoft Office Preferred Qualifications * Loan processing experience * Experience with consumer loans (auto, personal, etc.) * Familiarity with loan systems (Temenos, Symitar or similar) Schedule & Training * Training: * First 30 days fully onsite * Structured training with dedicated trainer and side-by-side support * Gradual onboarding by loan type * Post-training schedule: * Hybrid: 3 days onsite / 2 days remote * Hours: * Onsite: 9:30 AM - 6:00 PM * Remote: 9:00 AM - 5:30 PM Job Type & LocationThis is a Contract position based out of Vernon Hills, IL. Pay and BenefitsThe 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) Workplace TypeThis is a hybrid position in Vernon Hills,IL. Application DeadlineThis position is anticipated to close on Jun 26, 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.