Commercial Loan Processor - To 70K - Memphis, TN - Job 3829-9096

The Symicor Group•Memphis, TN

5d•$70,000•Onsite

About The Position

The Symicor Group is a boutique talent acquisition firm that specializes in providing top-tier banking and accounting talent. Our client, a bank, is seeking to fill a Commercial Loan Assistant role in the Memphis, TN area. This position is responsible for various aspects of loan servicing, including documentation, collections, payment processing, customer interaction, and general administrative duties. The role requires accurate and timely preparation, servicing, and maintenance of commercial loan portfolios. This is not a remote position and offers a salary of up to $70K with a benefits package.

Requirements

Proficient in office skills as well as Microsoft Word and Excel.
Ability to effectively communicate with customers with a high level of professionalism and integrity, as well as strong interpersonal communication skills.
Ability to multitask, utilize time management to meet deadlines, and work independently.
Excellent customer service, listening, and communication skills.
Detail-oriented and able to work well under stress and/or deadlines.
Attendance and punctuality are essential in the functionality of this position.

Nice To Haves

Bachelor’s degree preferred; experience in loan operations and loan closings considered in lieu of degree.

Responsibilities

Correspond with applicants to gather financial information for the loan approval process.
Order preliminary title work, UCC searches, Flood Certificates, environmental reports, Credit Reports, and all other necessary data.
Assists Commercial Loan Officers in managing portfolios and administrative tasks as assigned.
Works directly with Commercial Loan Officers, Treasury Management, and other team members to effectively grow portfolio revenue by presenting financial solutions to customers.
Provides clerical and administrative support to assigned lending staff and assists with setting up commercial loan files with timeliness and accuracy.
Coordinates with borrower and/or insurance agent for lapsed or expiring insurance.
Contributes to the Team’s overall meeting and/or exceeding the assigned volume/production goals.
Primary contact for the coordination of information between client and internal departments in the loan process.
Prepares and reviews commercial loan documents prior to closing to ensure all approval conditions and requirements are accurate and complete.
Responsible for communication and finalizing loan closing with third parties such as title companies, external closing attorneys, inspectors, and appraisers to ensure all aspects of the loan preparation are completed.
Prepares loan disbursement entries for loan closing and bookings.
Reviews and processes credit reports and draw requests for customers.
Assists in obtaining updated financial statements, credit reports, rent rolls, and other financial information to maintain the servicing file.
Prepares loan extensions and deferrals. Assists in preparing credit memos.
Coordinates process with participant banks for loan participation purchases or sales.
Maintains files for all repos, small claims, and garnishments.
Responsible for overseeing renewals, document tickler, and covenant tracking of loans.
Monitors loan documentation exception reports and follows up to clear up document exceptions in a timely manner.
Monitor financial statement exception reports and follow up to clear up financial statement exceptions in a timely manner.
Work closely with Commercial Loan Officer to manage maturing loans.
Provide notary services as needed.
Other duties as assigned.