Commercial Loan Processor 1

The Park Bank•Fitchburg, WI
•Onsite

About The Position

Who is Park Bank? At Park Bank, we believe drive and ambition come from the heart. That achievement means different things to each of us. That there’s no one way to what’s next. And our story of achievement starts with each member of our team. No matter our job openings, we are always searching for great people to join our team. And while a culture-fit is nice, a culture-add is even better. If you are passionate about providing exceptional client service and building partnerships that champion all who are driven to achieve financial goals, come join our branch family. In addition, if you thrive in making personal connections, exude confidence, and are committed to helping our clients succeed, we will help you get to next in your own career development. General Summary: The primary function of the Commercial Processor is to ensure accurate and timely packaging of all business loans originated. Work with bank staff and vendors to obtain and verify information needed to process business loans. Use information provided to generate an accurate and complete closing packet. Provide exceptional customer service and support in building positive, productive relationships with clients, associates and vendors.

Requirements

  • High School Diploma or equivalent
  • Minimum 1-3 years’ work experience in financial environment; or equivalent combination of education and experience.

Nice To Haves

  • Post-secondary degree in Business/Finance or related
  • Experience in loan compliance documentation and 2-5 years in loan origination and document preparation

Responsibilities

  • Prepare accurate loan documents with no critical errors
  • Review documents to verify CIP information and authority to borrow on behalf of entity
  • Communicate with Business Bankers and Credit Analysts to resolve discrepancies in information received through application/underwriting and obtained by processing through outside sources
  • Review closing packages to ensure that documents sent to closing were returned with proper signatures
  • Book renewals, modifications, extensions and basic originations in a timely manner
  • Verify accuracy of requested loan draw amounts
  • Follow-up on document exceptions with Business Bankers and title companies. Receive outstanding title policies and recorded documents
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