Consumer Loan Processor

Red River BankAlexandria, LA
7h

About The Position

The processor is directly responsible for confirming that loans handled by the Loan Processing department are generated in compliance with bank policy. The loan processor ensures the bank’s security interest have been properly documented and that any documents to be received after funding are received and properly recorded. This entry level is closely monitored by a supervisor/manager to ensure proper documentation, policies, procedures, and general practices are in conformity with bank standards and regulatory guidelines.

Requirements

  • Exhibit sound and accurate judgement.
  • Prioritize and plan work activities. Independent and self motivated.
  • Strong organizational skills and detail oriented. Individual needs to have ability to effectively manage time to meet deadlines.
  • Familiar with the principles governing loan documentation in accordance with the bank’s loan policies, procedures and practices when granting consumer loans to borrowers.
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • High school diploma or general education degree (GED), 2 years of experience in a bank working with the commercial and/or consumer loan documentation or legal background.
  • To perform this job successfully, an individual should have knowledge of Excel and Work Processing software and Imaging systems. Familiar with Laser-Pro system or comparable loan documentation software.

Nice To Haves

  • Real Estate experience preferred.

Responsibilities

  • To ensure the loans and renewals are closed in compliance with the banks loan policy and in compliance with any other requirements of loan request.
  • To accurately generate basic Laser Pro documents for the loans in an efficient manner. Ensure disclosures are accurate and delivered timely to borrowers.
  • To assist other Loan Processors in the preparation of loan packages.
  • To review loan packages to identify any documentation problems before the documents are given to the loan officers.
  • To work with bank personnel/attorneys to coordinate loan closings. Review and clear collateral exceptions.
  • Other duties may be assigned.
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