Commercial Loan Processor

German American Bank • Owensboro, KY

1d

About The Position

The Commercial Loan Processor joins the Loan Operations Team and provides support to lending personnel and other internal customers. The role uses industry experience and knowledge to create and maintain complete and accurate loan files.

The processor handles commercial loans by accurately processing new loans, preparing documentation, and preparing loan files for boarding. Responsibilities include ordering, tracking, receiving, and reviewing supporting documents; maintaining information in department reports; and communicating with commercial lenders to request additional information and provide loan and supporting documents for review. After closing, the processor tracks trailing documents to ensure loan files are complete and perfected.

Requirements

• Ability to communicate effectively in writing and verbally.
• Ability to maintain confidentiality.
• Ability to work with speed and accuracy.
• Ability to grasp technical information quickly.
• Ability to apply sound reasoning, analytical, and mathematical skills.
• Ability to work independently and as a team member.
• Enthusiasm and self-motivation to complete complex tasks.
• Proficient knowledge of Microsoft Office products, including Word and Excel.
• Knowledge of, or a strong desire to learn, facets of core servicing software and loan products and services.

Nice To Haves

• Previous lending and/or processing experience.
• Basic knowledge of regulatory requirements, entity structures, lien perfection, and real estate.
• Bilingual or multilingual skills.

Responsibilities

• Accurately process new commercial loans.
• Prepare loan documentation and loan files for boarding.
• Order, track, receive, and review supporting documents.
• Maintain information in department reports.
• Communicate with commercial lenders to request additional information and provide loan and supporting documents for their review.
• Track trailing documents after loan closing to ensure the completeness and perfection of loan files.

Benefits

• Medical, dental, and vision insurance.
• Short-term disability, long-term disability, and life insurance.
• 17 days of paid time off and 11 paid holidays.
• Paid parental bonding leave.
• Bereavement leave.
• Education Assistance Program.
• Wellness benefits.
• Life event coverage.
• Service awards.
• 401(k) match.
• Stock purchase plan.
• National and local discounts on computers, vacations, phones, retail shopping, and other items.
• Logo wear discounts.
• Free checking account, checks, and discounted bank services.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed