Loan Processor

Key Responsibilities

• Review approved small business loan requests for accuracy and completeness
• Manage and track outstanding loan conditions and stipulations
• Work closely with Loan Officers throughout the processing and closing process
• Order and review third-party documentation, including appraisals, environmental reports, title work, and other required items
• Prepare closing packages and request necessary closing documentation
• Monitor loan files to ensure all required documentation and conditions are completed
• Process funding advances and wire transactions
• Assist with post-closing responsibilities as needed
• Prepare scheduled and ad hoc reports and analysis
• Maintain accurate and organized loan documentation
• Communicate with internal departments and outside vendors to keep loans moving toward closing

Qualifications

• 3+ years of related loan processing, loan documentation, or lending experience preferred
• Experience with small business or commercial loans is highly preferred
• Strong understanding of loan processes, documentation, and closing requirements
• Bachelor's degree preferred, but not required
• Candidates earlier in their careers may also be considered with a degree and relevant lending/loan experience
• Proficiency in Microsoft Word and Excel
• Strong attention to detail and organizational skills
• Excellent written and verbal communication
• Ability to manage multiple loan files, priorities, and deadlines
• Self-motivated, dependable, and comfortable working closely with Loan Officers