Cns Loan Closer/Fund Spec

Old National Bank•Joliet, IL

10d•$17 - $28•Onsite

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

High school diploma required
___ to ___ years of lending experience, preferably in the consumer lending area
Basic computer knowledge is essential.

Nice To Haves

Associate’s or Bachelor’s Degree preferred, or equivalent work experience.
Familiarity with online applications, LoansPQ, COLA software, OnPointe, Nautilus, DocuSign, CBS/CSS, Velocify preferred.

Responsibilities

Analyze the funding of new Consumer loans and lines of credit, both Real Estate and Non-Real Estate secured, as well as loan payoffs in accordance with bank approval and regulatory guidelines for Consumer Lending.
Serve to support this function for both the Solution Center and Community Branch lenders throughout the ONB footprint.
Provide Pre-Funding review of loan documents for accuracy and compliance.
Accurate and timely reconciliation of all fees and figures relating to each loan.
Confirming accuracy of the loan disbursement sheet and Closing disclosures.
Execute funding transactions to disburse loan proceeds to the appropriate recipient in accordance with final approval/documentation.
Timely preparation and execution of loan disbursements to ensure funds are available to the appropriate recipients according to regulations and agreed-upon service levels.
Ensure compliance with banking regulations, particularly Bank Secrecy Act / Anti-Money Laundering.
Perform accurate input of all required funding fields to generate correct ACH/Wire Transfer/DOA deposit or Cashier’s Check amount.
Manage a pipeline of loan funding requests to ensure adherence to timing and funding expectations to meet client needs.