Commercial Loan Processor

First Guaranty Bank•Hammond, LA

About The Position

The Commercial Loan Processor reviews loan packages and prepares loan documentation based upon information submitted from front line lending staff. Ensures loan documents are accurate, in compliance with all state and federal regulatory requirements, and security documents will ensure lien perfection while meeting deadlines in production environments for commercial and real estate loans.

Requirements

Minimum 1 year of experience in a commercial bank or other financial institution working in a loan production environment or other position related to loans, preferred.
Knowledge of commercial lending, real estate, loan documentation, lien documentation, as well as state and federal compliance and lending regulations.
Excellent written and verbal communication skills.
Ability to work independently, efficiently and innovatively as part of a team.
Must work well under pressure, meeting multiple and conflicting deadlines.
Computer skills, including proficiency in Microsoft Word and Microsoft Office.

Nice To Haves

Knowledge of Laser Pro preferred.

Responsibilities

Assist supervisor with pre-closing review of loan packages submitted for closing documents.
Review loan requests to ensure accurate documentation/information has been received and uploaded in loan origination system.
Review closing documents to ensure accuracy and compliance with regulatory requirements.
Understand and recognize when exceptions to bank policy and procedures are present.
Prepare loan documents based upon approval and ensure all regulatory and state requirements have been met.
Order appraisal, evaluations, and validity checks.
Order and review title work.
Pull flood determinations, get flood notice signed if applicable, request insurance and send insurance to be reviewed.
Communicate with customers to gather documentation, process the loan, and fund the loan.
Communicate with all departments within the bank if need to process the loan.
Coordinate loan closings.
Fund loan proceeds by wire or check.
Stack loan package to prepare for booking.
Complete GL entries prior to loan being booked.
Lead the region’s loan renewal efforts by monitoring the future maturity list, contacting customers, and coordinating the renewal process with the Commercial Lenders.
Assist in working past dues and loan exceptions such as financial, collateral, or covenant exceptions.
Review all signed loan documents for all signatures required by borrower and lender.
Interact with lenders and assistants to provide exceptional customer service.
Complete any training provided by the bank.
Adhere to BSA/AML policy and all other bank policies.
Other duties and responsibilities as may be assigned by supervisor.