Consumer Loan Applications per Consumer Loan Processing Employee

Benchmarking Report

Consumer Loan Applications per Consumer Loan Processing Employee

This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Consumer Loan Applications per Consumer Loan Processing Employee. Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.


What is Consumer Loan Applications per Consumer Loan Processing Employee?

The total number of consumer loan applications processed over a certain period of time divided by the number of consumer loan processing employees working for the bank. Consumer loan processing employees include administrative employees who prepare loan documentation prior to closing.

Why should Consumer Loan Applications per Consumer Loan Processing Employee be measured?

Consumer Loan Applications per Consumer Loan Processing Employee measures the number of consumer loan applications processed in relation to the number of consumer loan processing employees working for the company at the same point in time. This is a strong indicator of financial and operational performance in the consumer loan market, as it allows financial institutions to assess current staffing levels against production and market demand. High values suggest efficient origination processes and consumer loan processing employees. Relatively low values can be indicative of negative, or poor performance throughout the origination process, which may be due to extensive or complex origination processes; poor training of consumer loan processing employees, inconsistent use of process job aids, or extended cycle times due to multiple touch points throughout the process (e.g., due to follow-ups with consumers who need to provide missing application information, etc.).


Download a Sample Consumer Loan Applications per Consumer Loan Processing Employee

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