Loan Processor

State Bank of Southern Utah•Cedar City, UT

12d

About The Position

Loan Processors support our lending operations by accurately reviewing, processing, and maintaining loan files. In this role, you will work closely with loan officers and borrowers to gather required documentation, verify information, and ensure each file is complete and compliant. Responsibilities include entering data for new loan accounts, processing loan payments, maintaining organized loan records, and opening and closing loans within the banking system. The position follows established procedures and guidelines and requires strong communication skills, attention to detail, and the ability to perform general administrative tasks, including answering phones. In the role, gaining a solid understanding of commonly used lending concepts and practices is essential. At State Bank of Southern Utah, our core values define who we aspire to be each and every day. These values hold us accountable to each other and help us be the best version of ourselves. We look for candidates who find connection with our core values: Make a Difference: We are actively engaged. We genuinely care. We are knowledgeable and find solutions. Relationships Matter: We are committed to each other and our customers. We seek to understand, connect, and collaborate. Live with Integrity: We are trusted to do the right thing. We take responsibility for our individual roles and actions. Love What We Do: We are passionate and show up with enthusiasm. We are driven and continually look to improve. Share Positivity: We lift each other. We interact with a positive and optimistic attitude. Apply at State Bank of Southern Utah and be part of a team that lives by these values every day!

Requirements

High School Graduate or GED
Must be at least 18 years of age
Must pass a credit and background check
Ability to effectively use a computer and software applications to complete job functions
Ability to be resourceful and take ownership of duties
Strong, independent work ethic
Working knowledge of Microsoft Office, Windows, and Internet Browser
Excellent organizational skills, good time management, and the ability to multitask and prioritize workload
Excellent oral and written communication skills
Ability to interact with all levels of employees, customers and vendors

Nice To Haves

3+ years job experience
Associate’s or Bachelor's degree or equivalent experience
Familiarity with bank lending policies and regulations

Responsibilities

Data entry for new loan accounts, create loan documents
Process the documents received for each file, verifying the accuracy and completeness of each document. Board completed loans.
Payment processing.
Loan maintenance including establishing, maintaining and updating files, databases, records and\or other documents for internal reports.
Collect required documentation from applications and follow up on missing items.
Order credit reports and title reports
Assure that all customer files are complete and in compliance with regulatory agencies and internal policies.
File loan documents with appropriate agencies both within and outside the bank.
Ensure customer privacy, security of files and appropriate staff access.
Follow up on initial insurance requirements.
Prepare closing documents and wire transfer instructions. Deliver documents to Title Company closer and review settlement statement.
Answer phones and greet customers.
Return all inquiry calls within one business day.
Additional duties as assigned.