Loan Processor

Fidelity Bank • Southern Pines, NC

78d

About The Position

This is an exempt level position responsible for assisting the loan officer in all loan related duties. This includes preparing and processing all loan approval and closing documents, clearing any loan deficiencies, contacting clients regarding necessary documents, collecting past dues, reviewing loan reports, and resolving customer account issues. This position is accountable for ensuring all loan documentation is in compliance with FDIC and Bank guidelines.

Requirements

• High school diploma or GED with 2 years banking experience or an equivalent combination of education and experience.
• Strong MS Word, Excel, and detail oriented.
• Moderate analytical ability required to review customer information against established credit criteria, perform basic mathematical calculations, research, and respond to customer inquiries promptly and accurately.
• Ability to effectively communicate.
• Strong and demonstrated verbal, written, and listening skills.
• Professional telephone skills and manners.

Nice To Haves

• Previous loan processing and/or credit experience.

Responsibilities

• Accurately and efficiently enter customer and loan information into the Banks loan documentation system.
• Ensure loans submitted are documented properly and the files contain all required information and documents.
• Assist with loan closing process: loan packaging, closing, and post-closing duties.
• Follow up on any document exceptions. Keep document exceptions to a minimum.
• Assist with past due collections efforts.
• Order property title searches and appraisals when appropriate.
• Order and review flood determinations.
• Request and review required income verifications.
• Submit appropriate and accurate attorney instruction letters and loan commitment letters.
• Maintain a current knowledge of loan regulations and Bank policy.
• Ensure that all RESPA regulations are met and all required documentation is signed by the applicant.
• Serve as a back up to the CSR when needed for the deposit account opening process.

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED