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Loan Processor

Job Location Saint Paul, Minnesota Job ID 2020-11225 Apply


Directly responsible for the daily administration of all loans.  Acts as the primary contact for all loan processing including loan funding and problem resolution with regards to loan processing.  Manage 90 days same as cash program, including contacting customers for payment and/or offering finance options.


  • Review all installment loan files and loan documents for completeness and accuracy ensuring compliance with Patterson policies and state and federal regulatory requirements.  Includes monitoring of system generated or department reports using Microsoft Excel.
  • Coordinate the implementation/booking of all new loans and all applicable changes to existing loans
  • Manage the receipt, scanning and indexing of loan files or documents from internal departments, third party vendors or external business partners such as title companies and loan customers.
  • Monitor lending production adherence to regulatory compliance by reviewing loan documents. Suggest and/or conduct training where needed.
  • Maintain and manage loan file and document status information through the use of both system generated and manually prepared reports, adhering to established follow-up procedures.  Document receipt into information systems or department’s manual reports.
  • Communicate by phone, written or electronic communication with internal and external customers (e.g. internal lending staff, business partners, loan customers, etc.) as needed to accurately complete loan files within prescribed timeframes.
  • Work with customers to establish payment plan for outstanding loans
  • Utilize department communications in order to keep up-to-date with Patterson procedural policies.  Assist management with maintaining department policy and procedure manuals.
  • Prepare reports to identify outstanding issues, department goals and training/development needs.
  • Prepare loan documents as needed
  • Perform analysis on loans booked to determine booking trends and provide guidance to the leadership team. 
  • Perform other duties as assigned, including backup support to others within the department



  • 2 year degree in Accounting or Business Administration 
  • Basic Accounting knowledge and math aptitude is necessary

Relevant Experience

  • Knowledge of standard accounting entries required
  • 2 years experience in short term lending or accounting environment preferred
  • Working knowledge of Microsoft Excel
  • Strong communication skills

An Equal Opportunity Employer
Patterson Companies, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, disability or protected veteran status.


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