Commercial Loan Processor

About the role

This position has a Hybrid Work Model: 1 day per week at our Brookfield, WI location.

Responsibilities

• Post loan payments and advances on large commercial loans
• Perform address changes and risk rating changes
• Process loan reports
• Credit verifications
• Follow up on items in monthly tickler reports
• Prepare loan payoff statements
• Loan Documentation
• Determine loan request has appropriate approval as required by loan policy
• Prepare loan documents as requested for loan officers, as assigned
• Review loan documents for accuracy and completeness prior to and post closing, in accordance with applicable legal requirements and the bank's loan policy
• Book loans to the loan system according to bank guidelines accurately and in a timely manner
• Create or add to existing loan file and forward documents to other Review Representatives for editing and final review
• Maintain loan files and mail necessary documents for recording at the appropriate filing office (ROD, DFI, etc.) in a timely manner
• Identify ticklers for Credit Quest tracking - tracking missing or unrecorded documents and loan policy and documentation exceptions
• Follow up and resolve any incomplete or incorrect items identified by edit in a timely manner
• Internal Service
• Timely and professional response to emails and telephone calls to the loan department

Qualifications

• Banking experience in commercial loan processing required
• Ability to work independently and use independent judgment with minimal supervision
• Demonstrated success with written communication, and ability to assess and analyze information, formulate conclusions and recommendations, and prepare well-written reports that will be reviewed and presented
• Strong desire to be curious and inquisitive, and self-confidence to ask questions