Commercial Loan Processor III

Glacier Bancorp, Inc.•Phoenix, AZ

2d•Onsite

About The Position

Assists loan officers in producing new loans and servicing existing loans in the portfolio. Maintains credit and collateral files and tracks file documentation. Coordinates loan closings and assists customers in lenders absence. Expertise as an experienced processor serves as a resource to other team members. Provides loan processing services for loan officers throughout the company and administrative support for officers within the unit. Ensures all required documentation is in the file. Reviews and maintains required loans documentation to ensure compliance with all federal, state, and credit union requirements. Coordinates loan closing with lending personnel and completes remote document delivery. Ensures the final title policy is received and review for accuracy. Completes regulatory due diligence to validate information required for documentation; obtain and/or conduct a thorough review of corporate and collateral documentation, i.e., certificates of existence, flood determinations, appraisals, lien searches, title searches/commitment to check for accuracy, completeness and compliance with loan approval guidelines and internal policies. Identifies, inputs and maintains outstanding tickler items to ensure follow-up items are being reported, tracked and resolved properly. Provides checklists of needed documents to the assigned Relationship Manager. Keeps lender aware of documentation exceptions. Sets up customer and account information on financial institutions database and mainframe system; disburses proceeds after the loan has been closed. Reviews approved credit memos to understand the type and structure of the loan in order to correctly identify the necessary loan documents and fund the loan accurately and in a timely manner. Regular and predictable attendance is an essential function of this job. Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Requirements

5+ years’ experience as a Commercial Loan Processor
High School degree or equivalent
Significant Interpersonal skills
Strong communication skills – both written and oral
Ability to perform collateral perfection, including real property and UCC
Must be PC literate
Must be capable of regular, reliable and timely attendance.
Must be capable of climbing / descending stairs in an emergency situation.
Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators.
Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary.
Must be able to work extended hours or travel off site whenever required or requested by management.
Must be able to read and carry out various written instructions and follow oral instructions.
Must be able to speak clearly and deliver information in a logical and understandable sequence.
Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace.
Must be able to effectively handle multiple, simultaneous, and changing priorities.
Must be capable of exercising highest level of discretion on both internal and external confidential matters.
All applicants must be legally authorized to work in the US.

Nice To Haves

Expertise as an experienced processor serves as a resource to other team members.

Responsibilities

Provides loan processing services for loan officers throughout the company and administrative support for officers within the unit.
Ensures all required documentation is in the file.
Reviews and maintains required loans documentation to ensure compliance with all federal, state, and credit union requirements.
Coordinates loan closing with lending personnel and completes remote document delivery.
Ensures the final title policy is received and review for accuracy.
Completes regulatory due diligence to validate information required for documentation; obtain and/or conduct a thorough review of corporate and collateral documentation, i.e., certificates of existence, flood determinations, appraisals, lien searches, title searches/commitment to check for accuracy, completeness and compliance with loan approval guidelines and internal policies.
Identifies, inputs and maintains outstanding tickler items to ensure follow-up items are being reported, tracked and resolved properly.
Provides checklists of needed documents to the assigned Relationship Manager.
Keeps lender aware of documentation exceptions.
Sets up customer and account information on financial institutions database and mainframe system; disburses proceeds after the loan has been closed.
Reviews approved credit memos to understand the type and structure of the loan in order to correctly identify the necessary loan documents and fund the loan accurately and in a timely manner.
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.