Loan Processor

About the role

The Loan Processor performs a variety of tasks which includes processing loan documents, supporting the lending staff to provide efficient operations, and ensuring compliance with lending regulations.

Responsibilities

• Processes loan documents in a timely manner at the lender’s request.
• Safeguards loan documents are complete and accurate according to compliance regulations and bank policy.
• Ensures the accuracy of the tickler system and ensures new Uniform Commercial Code’s (UCC) are filed and old UCC’s are continued before the expiration date.
• Orders UCC searches before and after a UCC is filed.
• Distributes loan documentation to participating banks within set deadlines.
• Ensures insurance coverage is in place for the assigned collateral and a current policy is in every file.
• Scans loan documents for upload into AccuSystems (paperless file system).
• Reviews and maintains loan documentation, including promissory notes, security agreements, and collateral documents.
• Ensures all documents are properly executed and compliant with regulatory requirements.
• Maintains strong knowledge of bank policies and ensures new loans files are accurate.
• Assists in the preparation of loan disbursements and payments.
• Responds to customer inquiries as needed and directs calls to proper departments as necessary.
• Processes paid off loans to include Deed Reconveyance and UCC Terminations.
• Performs other duties as assigned.

Requirements

• Bachelor’s degree in finance, business administration, or related field preferred.
• 3+ years of banking experience required.
• Familiarity with Fiserv Premier Banking System, or similar banking software a plus.
• Strong attention to detail.
• Strong communication skills.

Qualifications

• High school diploma or equivalent.
• Ability to pass a pre-employment screening including credit history and criminal record check.

Skills

• Proficient in Microsoft Office Suite.
• Knowledge of Fiserv Premier Banking System or similar banking software.
• Strong organizational and attention to detail skills.
• Excellent communication and interpersonal skills.

Benefits

• Health Insurance
• Dental Insurance
• Vision Insurance
• Paid Vacation, Sick, and Holiday time
• A competitive 6% 401k match
• And more!