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Contract processor skills for your resume and career
15 contract processor skills for your resume and career
1. Data Entry
Data entry means entering data into a company's system with the help of a keyboard. A person responsible for entering data may also be asked to verify the authenticity of the data being entered. A person doing data entry must pay great attention to tiny details.
- Record keeping of customer accounts and equipment usage tracking by electronic and paper documentation, including data entry verification and procedures.
- Reviewed contracts signed by members-Customer Service representative.-Data entry of contracts via IBM computer system.-Trouble shooting of phone calls.
2. Computer System
- Completed and entered legal documents into company's computer system.
- Prepared old applications for scanning into computer system.
3. Contract Data
- Record, enter, store and retrieve information using a variety of interfacing construction contract data systems:
- Managed the contract database and all associated files.
4. Process Contracts
- Process contracts accurately by entering information into appropriate system.
- Process contracts verification for timeshare resort.
5. Customer Issues
- Resolved customer issues regarding non-receipt of membership ID within the 90-day deadline.
- Resolved customer issues by calculating financial miscues on buyer's contracts.
6. Financial Transactions
The type of agreement held between two parties (buyer and seller) regarding an exchange of funds for an asset, is termed as a financial transaction. The financial transaction is the exchange of products, services, cash or credit, information, and other things of value among two separate entities for a common goal.
- Performed and managed financial transactions and tasks, ensuring compliance with legal and accounting requirements.
- Processed employee information and financial transactions on several Fidelity systems within each clients' database.
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An escrow refers to a third party who holds in their custody money or asset on behalf of other parties involved in a business transaction. Every month a lender deposits an escrow amount of the mortgage into another party's account and handles the insurance premiums plus the estate taxes.
- Satisfy all escrow requirements, including making any necessary adjustments to the Settlement Statement.
- Finalize closing by verifying all documents are signed by state law standards to avoid any hold on escrow closing period.
8. Sales Contracts
- Developed sales contracts and related documents using unique company-specific software in an efficient, accurate, and detailed manner.
- Prepared and typed sales contracts, closing documents, legal documents, forms, and government notices.
9. Real Estate
Real estate is land that has buildings on it. This kind of property consists of permanent improvements either natural or man-made, which include, houses, fences, bridges, water trees, and minerals. There are 4 types of real estate namely; residential real estate, commercial real estate, industrial real estate, and vacant land.
- Coordinated interdepartmental fact checking to ensure quality real estate transactions.
- Delivered exceptional customer service while originating, packaging, and processing all documents for client's real estate loans.
10. Credit Reports
Credit reports are statements that carry information about your credit affairs and current credit situation like loan payment history and credit accounts status. A credit report acts as history because it contains the record from the day you opened the account till your account balance. Potential lenders and creditors make use of credit reports and decide whether to offer you credit or not and under what conditions.
- Enter & process financial qualifications with financial credit report companies and notarize documents.
- Obtained credit card authorizations and retrieved credit reports.
11. FHA
The Federal Housing Administration (FHA) stands for a government agency in the United States that offers housing insurance to FHA-approved lenders who follow certain conditions.
- Contract processed FHA, VA, Rural and Conventional loans for various loan officers and brokers throughout the Wasatch Front.
- Process all loan types, including VA and FHA for a wide range of lenders and Loan Officers.
13. Loan Applications
A loan application is a form of request presented by a person to a financial institution for the approval of a loan. This application form carries detailed information regarding the petitioner's identification information, financial competence, and sources of income that indicate whether he can return the loan back or not.
- Processed and administered loan applications for approval and to determine financial capabilities; generating and maintaining tracking records.
- Reviewed mortgage loan applications and procured necessary supporting documentation in accordance with established Fannie requirements.
14. Sales Reports
A sale report also known as the sales analysis report provides an overview of the situation of the sales within a company. It reveals various trends occurring in the sales numbers over a certain period. It also analyses the steps of the sales funnel, projects areas for improvement along with the performance of sales executives.
- Assisted office manager in providing sales reports to owners, Director of Sales, and Sales Managers.
- Posted bank notifications for returned checks, produced various sales reports for managers and directors.
15. Contract Packages
- Generate necessary correspondence to sales detailing contract errors to accompany contract packages returned for correction.
- Conducted customer interviews and employment verification then assembled new contract packages.
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List of contract processor skills to add to your resume
The most important skills for a contract processor resume and required skills for a contract processor to have include:
- Data Entry
- Computer System
- Contract Data
- Process Contracts
- Customer Issues
- Financial Transactions
- Escrow
- Sales Contracts
- Real Estate
- Credit Reports
- FHA
- Timeshare Sales
- Loan Applications
- Sales Reports
- Contract Packages
- Loan Process
- Inbound Calls
- Reconcile Cash
- Federal Laws
- HOA
- Underwriting Guidelines
- Bank Deposits
- Legal Contracts
- HUD
- ADT
- Nissan
- AS400
- Account History
- Credit Scores
- FNMA
- Interest Rates
- Customer Contracts
- Credit Checks
- Credit Applications
- Warranty Deeds
- Annuities
Updated January 8, 2025
