Commercial Loan Assistant

Morton Community Bank•Leland Grove, IL

8d•$23 - $30•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
Excellent customer service skills
Ability to exhibit professional communication
2 or 3+ years of banking experience

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, assist 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, ordering and following up on appraisal actions, ordering 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 working closely with the loan servicing team regarding customer & loan maintenance issues.
Obtain collateral releases as requested.
Work with lead and participant banks as necessary.
Ensure compliance with bank policies and procedures.