Central Loan Processor IV - Commercial Lending

First National Bank Alaska•Anchorage, AK

About The Position

Provides technical and administrative support to one or more loan officers in a division or large branch. Acts as a liaison with customers and processes and closes complex commercial loans with limited supervision. May supervise lending support staff and assist with reviewing commercial loan documentation and training loan processors and management associates. The position requires compliance with bank policies, procedures, and regulations, timely completion of relevant compliance training, and protection of confidential information. The work environment is usually moderately noisy. The role is scheduled Monday through Friday. Minimum salary is $25.42 per hour; the offer is commensurate with job level and experience.

Requirements

Bachelor’s degree in business, accounting, finance, or a related field and one year of banking, real estate, commercial lending, or related experience; or three years of such experience; or an equivalent combination of education, training, and experience.
Ability to keyboard 35 words per minute and operate a 10-key calculator by sight.
Familiarity with tax returns and financial reports.
Ability to work as a self-starter with only general supervision.
Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, and governmental regulations; write reports and business correspondence; and effectively present information and respond to questions.
Ability to apply basic mathematical concepts, including fractions, percentages, ratios, and proportions to practical situations.
Ability to define problems, collect data, establish facts, draw valid conclusions, interpret technical instructions, and deal with several variables.
Ability to meet the physical demands of the position, including sitting, using hands, reaching, talking, and hearing; occasionally standing, walking, stooping, kneeling, crouching, or crawling; and occasionally lifting or moving up to 25 pounds.
Vision abilities required include close, distance, color, peripheral, and depth vision, and the ability to adjust focus.

Nice To Haves

Bachelor’s degree in business, accounting, finance, or a related field plus two years of banking, real estate, commercial lending, or related experience; or four years of such experience; or an equivalent combination of education, training, and experience.
One year of customer service, mortgage lending, escrow, title insurance, loan servicing, or related experience.
Windows-based word processing and spreadsheet skills.

Responsibilities

Assist loan officers with correspondence and complex loan documentation and transaction information, including documentation for multilevel borrowing entities.
Liaise between loan officers and borrowers to obtain financial, borrower, collateral, and other supporting documentation.
Review title, appraisal, environmental, engineer, as-built survey, and flood certification documentation to assess compliance with bank procedures; report findings to loan officers and assist with collateral evaluations or environmental reports as needed.
Confirm documentation or the relative priority of the bank’s security interest.
Process lines of credit and construction loan disbursement requests.
Obtain documentation required by investor or guarantee partners, including AIDEA, SBA, AHFC, and BIA, by interacting with investors, customers, and loan officers.
Review loan files, identify exceptions to bank policy or procedure, and prepare Loan Information Sheets for loan officer review and approval.
Review loan documents before closing with borrowers and confirm they conform to the authorized transaction terms.
Assist the supervisor with reviewing commercial loan documentation preparation and with training loan processors and management associates.
Perform other work-related duties assigned by the supervisor.
Ensure compliance with relevant bank policies, procedures, laws, and regulations; complete required compliance training on time and protect confidential information.
May supervise lending support staff, including interviewing, making hiring recommendations, training, assigning and directing work, appraising performance, and addressing complaints and problems.