Commercial Loan Processor

IBC • Laredo, TX

1d • Onsite

About The Position

IBC Bank is seeking a Commercial Loan Processor to join their Commercial Operations department. This full-time, in-office position is responsible for preparing commercial loan documents accurately and in a timely manner. The role involves assisting loan officers with the loan closing process by gathering necessary information, focusing on credit quality and risk management, and ensuring timely closings to meet customer deadlines.

Requirements

• Excellent verbal and written communication skills required.
• Good organizational skills
• Critical and analytical skills
• Proficiency with Microsoft Word, Excel, and Outlook preferred.
• 1 - 2 years related experience

Nice To Haves

• Bilingual in English and Spanish preferred.

Responsibilities

• Prepares loan documents accurately and to close the loan as scheduled.
• Facilitates the timely ordering of required documents (title work, compliance documents, flood documents, appraisals) and any other documents necessary to prepare the loan documents, based on board policy and regulatory requirements.
• Audits the loan documentation to ensure that all documents are in order prior to loan closing paying close attention to detail in the preparation of documents.
• Uploads loans onto the PCS system.
• Reviews reports on input and verifies that information was entered correctly.
• Receives loan requests and ensures loan information is properly entered into the correct system for processing.
• Serves as a primary point of contact to assist internal and external stakeholders (lenders, customers, attorneys, title company) with various questions regarding loan closings.
• Consistently analyzes all loan documentation during processing to ensure accuracy of data and adherence to company policies and regulatory requirements to safeguard IBC's legal position with the loan.
• Creates and maintains completeness of loan files both electronically and/or hard copies.
• Performs detailed audits of loan requests to ensure accurate and timely delivery of loan documents.
• Monitors loan compliance with all applicable laws, regulations, and company policies.
• Creates detailed reports for management related to all activities and status of loan processing.
• Performs other duties as assigned.

Benefits

• Medical Plan
• Employer Paid Life Insurance
• Flexible Spending Program
• 401k Profit Sharing Program
• Supplemental Benefit Programs such as: Vision, Dental, Disability
• Tuition Assistance Program
• Sick Leave
• Vacation
• Paid Holidays

What This Job Offers

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