LOAN PROCESSOR I

Bank Of Colorado•Fort Collins, CO

About The Position

GENERAL SUMMARY: Provide all branches/customers with accurate, efficient and professional service. Book loans on the bank's core-accounting system (ITI), and maintenances ITI when necessary. Book escrow information when required and disburses escrow funds to third parties as appropriate. Assist in the preparation of portfolio reports as necessary. RESPONSIBILITIES AND DUTIES: Books loans on ITI system in a complete, correct and efficient manner. Reviews loan documentation for completeness, correctness and compliance. Processes all modifications/extensions/renewals on the ITI System. Books, funds and pays-off loans. Builds transaction blocks and/or run necessary entries to complete loan or extension transactions as necessary. Monitors Exception Reports for processed branches for unscheduled transactions. Prepares and submits monthly reports as directed by Manager. Maintains billing records for branches being processed. Assists branches in error resolution. Performs other related duties as assigned by management Regular and reliable attendance.

Requirements

Knowledge of bank operations, policies and procedures.
Knowledge of general lending process and ITI system
Knowledge of word processing and spreadsheet software.
Skill in communicating effectively with management, customers and co-workers.
Skill in customer relations.
Detail oriented and problem-solving abilities.
Ability to work as a team player.
High school graduate or equivalent with previous banking experience or equivalent work experience.

Nice To Haves

Previous experience with ITI system preferred.

Responsibilities

Books loans on ITI system in a complete, correct and efficient manner.
Reviews loan documentation for completeness, correctness and compliance.
Processes all modifications/extensions/renewals on the ITI System.
Books, funds and pays-off loans.
Builds transaction blocks and/or run necessary entries to complete loan or extension transactions as necessary.
Monitors Exception Reports for processed branches for unscheduled transactions.
Prepares and submits monthly reports as directed by Manager.
Maintains billing records for branches being processed.
Assists branches in error resolution.
Performs other related duties as assigned by management
Regular and reliable attendance.

Benefits

We offer fair and competitive compensation as well as bonus based on an employee's years of service and possible discretionary merit bonuses. Employees also have the opportunity to participate in the Bank incentive programs based on charter/branch guidelines.
8 paid holidays.
17 PTO days each year for the first five years of employment. Employees must also complete the 90-day introductory period prior to accruing PTO.
After five years, 22 PTO days each year.
After ten years, 27 PTO days each year.
Employees must also complete the 90-day introductory period prior to accruing PTO.
New employees will receive 16 hours of paid sick time upon their hire date.
Health, dental, prescription drug card, vision, and voluntary life insurance plans.
Health Savings Account with employer contributions.
Flexible medical and dependent care spending plans.
Parental Leave after one year of full time employment.
401K plan after 3 months and start of next quarter with employer contributions and profit sharing.
Free checking account and basic printed checks.
Free safe deposit box.
$50,000 group term life insurance.
Long term disability insurance.
Employee Assistance Program.
Educational Assistance.
Paid holidays and paid time off benefits are not applicable for employees that are fully commissioned.