Loan Processor

Farmers State Bank•Marion, IA

12h

About The Position

Provides accurate and timely support to the lending staff for processing noncomplex loans and perfecting collateral while ensuring applicable policies, procedures and regulations are followed. Interaction with loan officers is expected to provide an exceptional customer experience at all times. PRIMARY ACCOUNTABILITIES AND RESPONSIBILITIES: Responsible for the accurate and timely processing and generation of noncomplex loan documentation and files. Compiles, sorts, and verifies accuracy of data used for the completion of loan documentation. Orders flood determinations, verifies all necessary documentation is received to produce accurate loan documents in order to process the loan. Requests title and lien searches to perfect collateral; establishes and organizes loan files. Ensures Loan Officer has collected CIP. Makes contacts to resolve questions, inconsistencies or missing data. Establishes and organizes the loan file and forwards the closed loan file to Loan Admin/Support. Answers loan officer inquiries for basic loan questions, ensuring prompt and accurate problem resolution occurs to ensure satisfactory customer service. Assists other Loan Processors as needed or assigned in support of the loan operations process, timelines, and overall team productivity. SECONDARY DUTIES AND RESPONSIBILITIES: Actively seeks opportunities to strengthen ties between the Bank and the community, while maintaining a positive, professional, and respectful image of the Bank. Other duties as may be assigned. Assists Loan Officers with technical exceptions

Requirements

High school diploma or equivalent
Banking and lending knowledge helpful, but not required
Experience working with computers/computer programs
Dependable
Accurate with a strong attention to detail
Proficient verbal and written communication skills
Ability to multi-task and handle changing priorities in a deadline oriented environment
Effective problem solving and decision making skills
Customer service focus
The ability to contribute in a team environment, helping others as needed
Friendly and outgoing
Courteous and professional
Ability to sit for lengthy periods
Frequent use of computer, calculator, and other office related equipment

Nice To Haves

Banking and lending knowledge helpful, but not required

Responsibilities

Responsible for the accurate and timely processing and generation of noncomplex loan documentation and files.
Compiles, sorts, and verifies accuracy of data used for the completion of loan documentation.
Orders flood determinations, verifies all necessary documentation is received to produce accurate loan documents in order to process the loan.
Requests title and lien searches to perfect collateral; establishes and organizes loan files.
Ensures Loan Officer has collected CIP.
Makes contacts to resolve questions, inconsistencies or missing data.
Establishes and organizes the loan file and forwards the closed loan file to Loan Admin/Support.
Answers loan officer inquiries for basic loan questions, ensuring prompt and accurate problem resolution occurs to ensure satisfactory customer service.
Assists other Loan Processors as needed or assigned in support of the loan operations process, timelines, and overall team productivity.
Actively seeks opportunities to strengthen ties between the Bank and the community, while maintaining a positive, professional, and respectful image of the Bank.
Assists Loan Officers with technical exceptions