Central Loan Processor IV

GENERAL PURPOSE SUMMARY

Provides technical and administrative support to one or more loan officers in a division or large branch; liaisons with customers and processes and closes complex commercial loans with limited supervision, by performing the following essential duties and responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Aids loan officers in composing and preparing correspondence and compiling complex loan documentation and transaction information including multilevel borrowing entities such as corporations, LLC’s, Partnerships, and Native organizations.
• Acts as a liaison between loan officer and borrower to obtain financial, borrower, collateral information and all other supporting documentation.
• Determines whether borrower documentation satisfies established bank procedures by reviewing title, appraisal, environmental, and engineer reports; as-built surveys; and flood certifications. Reports findings to loan officer and may assist with compilation of collateral evaluation and/or environmental report.
• Confirms documentation or relative priority of bank’s security interest. Processes Lines of Credit and Construction Loan disbursement requests.
• Obtains documentation required by investor or guarantee partners including AIDEA, SBA, AHFC and BIA by interacting with investors, customers and loan officers.
• Reviews loan files, identifies any exceptions to bank policy or procedure and prepares Loan Information Sheet for review and approval by loan officer.
• Reviews loan documents prior to closing with borrower. Confirms loan documents conform to authorized terms of proposed transaction.
• Aids supervisor with review of commercial loan documentation preparation; assists with training loan processors and management associates.

COMPLIANCE EXPECTATIONS

• Ensures business unit’s operations comply with bank policy, procedures, and banking regulations (for business unit heads).
• Ensures you and your delegates have adequate and current compliance training and ensure training is completed on time.
• Stays updated on relevant laws and regulations.
• Ensures you and your delegates comply with the bank’s policies, procedures, laws and regulations.
• Maintains customer confidence and protects the bank’s operations by you and your delegates by identifying and protecting confidential information.

SUPERVISORY RESPONSIBILITIES

• May supervise lending support staff.
• Carrries out responsibilities in accordance with the organization’s policies and procedures.
• Responsibilities may include interviewing, making hiring recommendations, training employees, planning, assigning, and directing work, appraising performance, addressing complaints and problem resolution.

QUALIFICATION REQUIREMENTS

• Education and/or Experience: Minimum: Bachelor’s degree in business, accounting, finance, or related field and one year banking, real estate, commercial lending, or related experience; or three years banking, real estate, commercial lending, or related experience; or equivalent combination of education/training and experience.
• Preferred: Bachelor’s degree in business, accounting, finance, or related field plus two years banking, real estate, commercial lending, or related experience; or four years banking, real estate, commercial lending, or related experience; or equivalent combination of education/training and experience.
• One-year customer service, mortgage lending, escrow, title insurance, loan servicing, or related experience.

PAY & SCHEDULE

Salary: $25.42/hour minimum. Job/salary offer would be commensurate with job level and experience.

Schedule: Monday-Friday

BENEFITS

FNBA is an Equal Opportunity and Affirmative Action Employer, Member FDIC and Equal Housing Lender. VEVERRA Federal Contractor