Commercial Loan Processor

Mauch Chunk Trust Company • Jim Thorpe, PA

3d • Remote

About The Position

The Commercial Loan Processor has direct responsibility for the processing and closing of commercial loans and lines in compliance with state and federal laws and Bank lending policies and procedures.

Requirements

• Associates Degree
• 2-4 years relevant experience in loan servicing/administration
• Knowledge of Laserpro preferred
• Advanced knowledge of commercial real estate and real estate disbursement products, documentation, loan boarding and closing procedures
• Advanced knowledge of commercial loan and business documentation
• Advanced knowledge of related state and federal banking compliance regulations, bank operational policies and procedures and bank products and services
• Strong computer knowledge and aptitude
• Intermediate or better knowledge of MS Office products and bank processing systems
• Strong organizational skills and detail oriented
• Basic accounting and strong math skills required
• Advanced ability to analyze, research and interpret data
• Adequate internet access at home to support laptop functionality when needed

Responsibilities

• Facilitate loan documentation preparation and review.
• Review approved loan requests prepared by loan officers and analysts to ensure file completeness; follow-up with clients and loan officers to obtain necessary documentation and information.
• Review documentation for accuracy and completeness; monitor compliance with state and federal laws, regulations, and the Bank's lending policies and procedures.
• Serve as liaison between loan officers, outside counsel, insurance agents, vendors, and customers.
• Establish, maintain, and update files, data bases, records, and/or other documents for recurring internal reports.
• Order necessary documents from third party vendors, such as appraisal, title search, flood etc.
• Prepare commitment letter(s) and denial letter(s). Cancel loans for withdrawn files when necessary, and update logs.
• Prepare, create, and print all commercial loan documents for closings, including but not limited to, Commercial Mortgages, lines of credit, letters of credit, municipal leases, and secured loans.
• Facilitate distribution of documents to customers via DocuSign.
• Attend and contribute within weekly pipeline meetings.
• Prepare fund request documents to allow the wiring of funds to closing.
• Make recommendations for procedural changes to increase efficiency.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree