Commercial Loan Assistant

Hometown Community Bank • Springfield, IL

8d • Onsite

About The Position

Make the change and be the difference. Take ownership at Clock Tower Community Bank, a division of Morton Community Bank! Established in 1960 with just one location in Morton, IL, Morton Community Bank (MCB) has grown to over 550 employees, 50 branch locations and over $5 billion in assets! We pride ourselves on our dedicated service to our customers and our communities, while placing much value on our internal assets, our employees. Each MCB employee OWNS a portion of the bank with our ESOP (Employee Stock Ownership Plan). The ESOP has proven to be a substantial benefit to employees upon retirement.

Requirements

• High school diploma or equivalent
• Attend loan review course
• BSA and other Bank related training through BAI is required annually
• Knowledge of customer service principles
• Relevant computer skills
• Possess the knowledge to assist customers and commercial lenders with various types of commercial loans

Nice To Haves

• Understanding of UCCs, Deeds of Trust, Letters of Credit, and Sweep Accounts
• 2 or 3+ years of banking experience
• Excellent customer service skills
• Ability to exhibit professional communication

Responsibilities

• Service commercial lender portfolios by answering telephone calls, responding to emails, and responding to other inquiries in a timely fashion.
• Assist customers with the transfer of funds, loan payments, setting up auto payments, and any additional requests they may have.
• Assist lenders with the evaluation of loan requests by: Ordering credit reports, Gathering financial information and maintaining current imaged files, following up on exceptions as needed.
• At times, assisting the lender in preparing forms to be sent for loan approval.
• Dependent upon work location, at times, assist customers with consumer loan requests.
• Coordinate the preparation of loan documentation for new loans, renewals, extensions, modifications, and letters of credit by: Gathering all necessary information for the loan, Evaluating entity documentation, Order and follow up on appraisal actions, Order title commitments or lien searches.
• Work with the title companies to close new real estate loans, clear exceptions, and construction draw requests.
• Complete documentation request forms ensuring requests are completed per terms of loan approval documents.
• Obtain Certificates of Good Standing and UCC Searches.
• Obtain loan payoffs.
• Effectively communicate with the loan processing team and ensure the successful completion of loan documentation.
• Review loan documentation for accuracy prior to closing.
• Assist with scheduling of loan closings and conducting loan closings if requested by lender.
• Disburse loan proceeds and loan advances as requested.
• Assist with loan administration issues including: Work closely with the loan servicing team regarding customer & loan maintenance issues.
• Obtain collateral releases as requested.
• Work with lead and participant banks as necessary.
• Compliance with bank policies and procedures.

Benefits

• Medical, Dental, Vision, Short-Term Disability, HSA, FSA, 401k.
• Life and AD&D Insurances and Long-Term Disability, Vacation Days, Personal Days, and Paid Holidays.
• ESOP (Employee Stock Ownership Plan)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED