Senior Loan Administration Processor

Essential Functions

• Verify and examine information and accuracy in loan approval package.
  • Must be within Loan Policy Guidelines
  • In Compliance with different Regulations
  • HMDA
  • HOEPA
  • Reg B
  • Reg Z
  • TRID
• Verify Property Taxes
• Set up Escrow accounts
• Prepare loan documents within Laser Pro both application disclosures and closing packages.
• Prepare loan documents for Home Equity Lines of Credit (HELOC)
• Board loans into the core system including building out collateral for each loan.
• Set up loans (if needed) on Auto Debit from internal accounts or external accounts.
• Prepare loan file to be scanned into the electronic imaging system.
• Affords assistance in correcting exceptions found in loan files by Loan Review.
• Affords assistance in payment corrections and payment research.
• Waives Late Charges approved by the Officer.
• Might be responsible for setting up One-Time ACH payments.
• Might be responsible for posting and/or verifying Electronic Loan Payments.
• Might be responsible for reviewing daily reports and process corrections as needed.
• Uses independent judgment and decision making in carrying out the essential functions of the position.
• Conduct UCC searches and file UCC Statements.
• Type and book letters of credit.
• Prepare Title work for DMV.
• Orders title work from attorney’s office or title companies.
• Request flood certificates.

Skills and Abilities

• Reading Comprehension
• Active Listening
• Time Management
• Speaking
• Mathematics
• Critical Thinking
• Regulations

Competencies

• Oral Comprehension
• Written Comprehension
• Oral Expression
• Speech Clarity
• Written Expression

Working Conditions

• The work for this position is conducted in a back office of our bank.
• The requirement for travel is limited to travel for training and meetings.
• This position could require working extended hours in the evenings or weekends, depending on workload.

Experience and Education

• Associate's Degree (or other 2-year degree) and/ or equivalent loan administration experience.
• Five (5) years of experience in consumer and commercial loan processing preferred.
• Experience in Laser-Pro preferred.