Commercial Processor

Tri City National Bank • West Allis, WI

1d • $22 - $32

About The Position

The Commercial Processor supports commercial loan officers by processing commercial loans. The role gathers information from customers, internal departments, and third-party vendors; prepares commercial loan documents and correspondence; and coordinates closings. The processor helps ensure loan files are complete and comply with applicable regulations and bank policies. The position may also handle post-closing tasks and provides reception support for Loan Servicing.

Requirements

• Strong organizational skills and attention to detail.
• Ability to prioritize work, meet deadlines, and ensure goals and projects are completed in a timely manner.
• Critical thinking and sound judgment to identify and define problems, collect data, establish facts, and draw valid conclusions.
• Ability to respond to common inquiries or complaints from customers, coworkers, vendors, and regulatory agencies.
• Ability to write routine correspondence and communicate effectively and tactfully, orally and in writing, with employees, customers, vendors, and management.
• Ability to understand and comply with company policies and procedures.
• Ability to handle several abstract or concrete variables simultaneously.
• Ability to use internet browsers and Microsoft Office programs, specifically Word, Outlook, and Excel.
• Ability to maintain a friendly, helpful, and courteous attitude when working with customers or coworkers under diverse conditions.

Responsibilities

• Confirm loan approval authority under bank policy, review the Loan Profile, and verify that initial underwriting documentation is present.
• Work with loan officers to process commercial loans and prepare complete, regulation-compliant documents for closing.
• Obtain supporting documentation and prepare loan documents using information from the loan application, profile, and title policy.
• Review credit files to identify additional underwriting documentation needs, such as entity papers, credit reports, purchase contracts, lien searches, title work, appraisals or evaluations, environmental questionnaires, surveys, life insurance, and property and liability insurance.
• Order supporting documentation from approved vendors and coordinate with loan officers or customers as needed.
• Review loan documents, LTV worksheets, and Policy Exceptions worksheets for completeness and accuracy before delivery to the appropriate branch; request clarification or corrections from loan officers as necessary.
• Balance transactions by verifying wires and payoffs and preparing general ledger tickets and cashier’s checks for disbursement.
• May process loan files after closing, including preparing and delivering instruction letters and closing packets to title companies, processing general ledger tickets, delivering signed loan documents for data entry, and coordinating with Document Servicing to secure collateral.
• Maintain and prepare assigned procedures to support compliance with regulations and bank policies.
• Provide Loan Servicing receptionist support by greeting visitors, notifying coworkers of arrivals, and maintaining the visitor log.
• Perform other duties as assigned.

Benefits

• 401(k) with company match
• Tuition reimbursement
• Medical coverage
• Dental coverage
• Vision coverage
• Paid vacation
• Up to 20 hours of paid vacation after 3 months for eligible part-time employees averaging 20 or more hours per week
• Predictable schedule with major holidays off
• Professional and personal development opportunities

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed