LOAN PROCESSOR II

Non-exempt position reporting to the Loan Operations Manager with no supervisory responsibility.

About the role

Responsible for the processing, administration, and structure of commercial loans.

Responsibilities

• Process and administer commercial loans.
• Assemble and verify accuracy of loan documentation.
• Ensure loan files contain documents with proper signatures, dates, and other relevant data.
• Properly secure loan collateral, including filing mortgages on commercial real estate and UCC searches.
• Work with the chief loan officer to hold lenders accountable to policy and procedure by identifying, reporting, and delaying loan closings due to exceptions.
• Manage paid-out loans, release of collateral, and clean-up of loan files.
• Maintain quality control of loan documents, loan files, and loan systems.
• Answer customer questions and resolve routine problems regarding payoffs, changes of owner, note modifications, beneficiaries, and other loan details.
• Update QM procedures annually.

Requirements

• Undergraduate degree and/or three to five years of commercial loan experience.
• Extensive knowledge of bank loan policies and procedures.
• Experience in banking regulation and/or industries in which the bank engages in loan activity.
• Knowledge of Fiserv, Laser Pro, and other bank-specific software.
• Fluency in computer applications and Microsoft Office.