Commercial Loan Processor
About The Position
Detail-orientation, accuracy, and a heart for internal customer service are the attributes sought for the next associate to join the Loan Operations Team. As a Commercial Loan Processor, the role involves utilizing industry experience and knowledge to support lending personnel and other internal customers, focusing on creating and maintaining complete and accurate loan files. This includes accurately processing new commercial loans, preparing documentation, and prepping loan files for boarding. The position requires attention to detail for ordering, tracking, receiving, and reviewing various supporting documents, as well as maintaining information in department reports. Continuous communication with commercial lenders is essential for requesting additional information and providing loan and supporting documents for their review. After a loan closes, the processor tracks trailing documents to ensure the completeness and perfection of all loan files.
Requirements
- Ability to communicate effectively (written and verbally)
- Ability to maintain confidentiality
- Ability to work with speed and accuracy
- Ability to grasp technical information quickly
- Ability to apply solid reasoning, analytical and mathematical skill
- Ability to work independently and as a team member
- Enthusiasm and self-motivation to complete complex tasks
- Proficient knowledge of Microsoft Office products, including Word and Excel
- Knowledge or strong desire to learn facets or core servicing software and loan products and services
Nice To Haves
- Previous lending and/or processing experience
- Basic knowledge of regulatory requirements, entity structures, lien perfection, and real estate
- Bilingual/Multilingual
Responsibilities
- Provide support to lending personnel and all other internal customers
- Create and maintain complete and accurate loan files
- Accurately process new commercial loans
- Prepare documentation for commercial loans
- Prep the loan file for boarding
- Order, track, receive, and review various supporting documents
- Maintain all information in department reports
- Communicate continuously with commercial lenders, requesting additional information
- Provide loan and supporting documents for lender review
- Track trailing documents to ensure the completeness and perfection of all loan files once a loan has closed
Benefits
- Medical, dental, vision, STD, LTD, Life insurance, etc.
- 17 days paid time off
- 11 paid holidays
- Paid parental bonding leave
- Bereavement leave
- Education Assistance Program
- Wellness benefits
- Life event coverage
- Service awards
- Financial benefits including 401(k) match, stock purchase plan and more
- Great deals on both national and local discounts on everything from computers and vacations to phones and retail shopping
- Logo wear discounts
- Free checking account, checks and discounted bank services
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
501-1,000 employees
