Commercial Loan Assistant

Regent Bank • Springfield, MO

7d

About The Position

Responsible for assisting Commercial Lenders in performing various routine and clerical duties.  Duties will predominantly include working with lenders to prepare loan requests.  Work closely with lenders, borrowers, and credit administration staff daily.

Requirements

• High School Diploma or equivalent
• One to three years of commercial banking experience preferred.
• Functional knowledge of Microsoft Office applications (Excel, Word, PowerPoint)
• Strong verbal and written communication skills
• Detail-oriented and able to work under pressure of deadlines
• Working knowledge of loan programs & types. Mortgage terminology.  Must be familiar with compliance rules/regulations (Reg B, RESPA, Reg Z, Fair Lending, etc)
• All candidates will be required to complete a pre-employment background, credit, and drug screening

Responsibilities

• Prepare and send internal loan checklist to centralized processing for generating loan documents.
• Order title work, appraisals, flood determinations, UCC searches, Environmental reports, and other data as needed.
• Review loan applications to verify data is complete & meets compliance requirements
• Work with title companies to schedule loan closings clear title issues if applicable
• Assists lender in obtaining necessary information from borrower, such as financial information and other data.
• Review closing documents before funding, confirm proper vesting legal descriptions, prove we have appropriate insurance in place, and clear any exceptions
• Upload all documentation and build electronic files. Upload the complete, signed loan file into the imaging system.
• Review and understand loan policy.
• Provide administrative assistance to loan officers and appropriate staff.
• Other duties as assigned.

What This Job Offers

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