Commercial Loan Processor

Corda Credit Union • Cedar Rapids, IA

1d • Onsite

About The Position

Join Corda Credit Union as a Full-Time Commercial Loan Processor and be part of a dynamic team dedicated to member-centric service in Cedar Rapids, IA. This onsite position offers the opportunity to work closely with members, helping them fulfill their financial goals through tailored loan solutions. You will gain invaluable experience in the credit union industry while enhancing your processing skills in a professional environment that values integrity and excellence. Your contributions will directly affect local businesses, making a tangible difference in the community. Collaborate with experienced colleagues to foster a culture of growth and dedication. With a competitive starting salary, you will also enjoy great benefits such as medical, dental, and vision insurance. Additional benefits include the option to participate in our 401(k) plan with a generous employer match, paid time-off (vacation, sick, and volunteer time), and employee discounts. Ready to make a difference? Apply today to become part of our dedicated team. https://www.cordacu.org/careers/#benefits What would you do as a Commercial Loan Processor? As a Commercial Loan Processor at Corda Credit Union, you will be instrumental in facilitating smooth loan transactions by collaborating with borrowers, the Commercial Team, and our vendor partners. Your responsibilities will include coordinating with appraisers, title companies, and closing companies to gather necessary documentation. You will conduct essential research related to taxes, insurance, and credit reports while performing basic financial calculations. Additionally, you will prepare closing loan paperwork and ensure accurate data transfer into key systems. You will maintain organized loan files through scanning and indexing into our documentation management software. You will also research and identify solutions to aid the Credit Union in risk management. Finally, you will verify that all post-closing functions are executed accurately and in a timely manner, enhancing the efficiency of our loan processing operations. What we are looking for in a Commercial Loan Processor To excel as a Commercial Loan Processor at Corda Credit Union, you must possess a solid understanding of basic financial documents, including balance sheets, income statements, and personal and business tax returns. Proficiency in Microsoft Office Suite is essential for effectively managing various tasks and documentation. Strong verbal and written communication skills are crucial, as you will interact with borrowers, team members, and vendor partners throughout the loan process. Maintaining confidentiality of sensitive information is also a key responsibility that requires professionalism and integrity. Your organizational skills will be vital for managing loan files and ensuring that all documentation is accurately processed and stored. Finally, a proactive approach to problem-solving will enable you to identify and implement risk management solutions effectively in this fast-paced environment. Join us! If you think this job aligns with your requirements, then submitting an application is simple. Good luck! Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Requirements

• solid understanding of basic financial documents, including balance sheets, income statements, and personal and business tax returns
• Proficiency in Microsoft Office Suite
• Strong verbal and written communication skills
• Maintaining confidentiality of sensitive information
• organizational skills
• a proactive approach to problem-solving

Responsibilities

• collaborating with borrowers, the Commercial Team, and our vendor partners
• coordinating with appraisers, title companies, and closing companies to gather necessary documentation
• conducting essential research related to taxes, insurance, and credit reports while performing basic financial calculations
• preparing closing loan paperwork and ensure accurate data transfer into key systems
• maintaining organized loan files through scanning and indexing into our documentation management software
• researching and identifying solutions to aid the Credit Union in risk management
• verifying that all post-closing functions are executed accurately and in a timely manner

Benefits

• medical
• dental
• vision insurance
• 401(k) plan with a generous employer match
• paid time-off (vacation, sick, and volunteer time)
• employee discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 11-50 employees