Commercial & Construction Loan Processor II

Kirtland Federal Credit Union•Albuquerque, NM

51d•Onsite

About The Position

Working at Kirtland CU is more than a job-it's a career, and one in the financial world! We pride ourselves on helping our employees learn, grow, and advance in any direction they choose. We offer a highly competitive salary, great benefits package and an energetic, vibrant work environment. We are currently seeking a Commercial & Construction Loan Processor II to join Kirtland Credit Union! This is a regular, full-time, 100% On-Site position based out of our Gibson Operations Center in Albuquerque, NM, with hybrid opportunities after a period and according to manager discretion. Join the rest of our teammates and become eligible for a generous benefits package that we offer: Medical, Dental and Vision Insurance 401(k) Retirement savings program 401 (k) employer match Paid time off with accrual starting from day one. 11 Paid holidays off during the year! Tuition Reimbursement for College Degrees Employee Clothing Advance Fitness Reimbursement Program Employer paid Life Insurance Employee Assistance Program Employer paid Short- and Long-Term Disability Insurance Travel Assistance Program This is what we would like you to do: Responsible for working directly with assigned Commercial Loan Officers, Business Loan Officers and commercial lending clients to provide assistance in the loan application, documentation and closing process. This will include on-going record keeping and acting as a liaison between external partners to complete each loan package. Responsible for providing on-going, complex administrative support for commercial/business members and providing general support to assigned partners. Supports and works closely with our Credit Analyst partners. Interfacing with members to provide assistance in the preparation of loan documents and origination of loan files. Works closely with the Commercial Servicing department for funding, loan proceeds disbursements and maintenance of loan files. Provides effective and efficient administration of installment, commercial, construction and real estate loan collateral files through the timely and accurate processing of all documents and entries. Ensure that files are in compliance with the credit union and regulatory compliance requirements.

Requirements

High School Diploma or equivalent
Specialized certification or licensing, completion of specialized training courses, or job-specific skills acquired through an apprenticeship program.
Three to five years’ prior experience in a commercial environment.
Prior experience with Commercial Loan documents.
Accepted commercial lending practices.
Familiarity with business loan programs and service requirements.
Ability to understand real estate title insurance/binders.
Accurate and attentive to detail.
Well organized.
Strong typing abilities.
Ability to assist others.
Must be able to handle multiple responsibilities throughout a day.
Ability to meet deadlines, deal with sensitive information and problem resolution.
Self-starter that can work independently and in a team environment.
Ability to work with legal documents and identify/interpret data as needed.

Nice To Haves

Experience with Laser Pro a plus.
Experience interacting with Title Companies for review of fees, clearing items, scheduling closings, etc.

Responsibilities

Assumes responsibility for the effective performance of assigned clerical, secretarial, and loan processing functions.
Provides support to assigned Loan Officers to complete loan applications. This will include but not limited to: Ensuring all needed documentation is in the file, reviewed and uploaded at all stages of the process. Conducts a first review of due diligence to ensure the loan file is complete and accurate. Contacting the prospect or member to supply updates on loan status or to collect information as needed. Contacting Title companies to place request, clear items, coordinate closings.
Makes transfers for businesses as needed for loan fees and retainers.
Purges loan files that did not close, ensuring that all sensitive information has been destroyed properly.
Maintains a list of pending and exception items that are outstanding. Follows up with the appropriate parties clear these items and notifies management of the existence, status and remedy to all items.
Ensures that business members and prospects have copies of documentation as required or requested throughout the process.
Starts, maintains, organizes and updates business files for loan as they progress and/or close.
Assumes responsibility for establishing and maintaining effective business relations with members.
Maintains the Credit Union's professional reputation, including professional conduct and personal appearance.
Assumes responsibility for establishing and maintaining effective communication, coordination, and working relations with Credit Union personnel and with management.