Business Lending Processor and Closer I

About the role

GTE Financial is looking for an organized, professional, strategic individual to join as a Business Lending Processor/Closer. The Business Lending Processor/Closer will be responsible for managing the process of business loans while providing exceptional service to all applicants and our business partners. Business Lending Processor/Closers analyze loan information to determine if the decision is within the lending guidelines and review loan documentation for accuracy/completeness. They educate and inform necessary parties of counteroffers, loan stipulations, and reasons for the denial.

Responsibilities

• Assist closers and underwriters in gathering documents and coordinating and closing with all third-party vendors (e.g. appraisal, environmental reports, title company, etc.)
• Handle ordering due diligence for approved loans
• Ensure loans are imaged after closing
• Process rate reductions, re-price changes, extensions, and modifications for existing commercial real estate loans
• Process release of mortgages, assignment of rents and leases, UCCs, and vehicle liens for paid commercial loans
• Audit booked loans in OSI to ensure that billing is correct
• Manage ongoing loan monitoring and tracking of UCC filings, insurance, mortgage recordings, title liens, possessory collateral, and financial information for each active loan, per loan and policy guidelines
• Assist with auditing depository account documents, as received, for new account openings
• Support Member Care and Community Financial Centers on business services and products

Skills

• Promote and professionally represent the credit union philosophy within the organization and in the local communities
• Good interpersonal and presentation skills to effectively communicate with management, co-workers, and business partners
• Solid written and verbal communication skills
• Must demonstrate a functional knowledge of the Bank Secrecy Act in addition to other Federal laws, including but not limited to the U.S. Patriot Act, Office of Foreign Assets & Control, Anti-Money Laundering, Right to Financial Privacy Act, and the Bank Bribery Act
• Bilingual preferred (English/Spanish)
• Qualify for NMLS registration according to the Safe Act

Qualifications

• High school diploma or equivalent
• Some college preferred
• Minimum 1-3 years experience or a combination of education and experience
• Familiarity with banking and credit union regulations is strongly desired

Schedule

Monday–Friday (8:00 am to 5:00 pm). Full-time hours required, with additional hours as necessary to accomplish objectives, goals, and projects.

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