Loan Processor

HOMETOWN BANK NA•League City, TX

7h•Onsite

About The Position

The Loan Processor will be responsible for preparing all loan documentation for new and renewal loans for the Loan Officers on the Mainland. Additionally, she/he will serve as back-up for the Galveston processor and type loans for the Galveston Loan Officers in her absence. The loan processor will also be responsible for daily balancing of the loan general ledger accounts and some check-back duties.

Requirements

Proficient in MS Office applications
Accuracy and Thoroughness.
Organizational skills and Attention to details.
Communication and Proficiency
Decision Making.
Team player
Associate degree in business or equivalent experience of 2 years in loan processing.

Nice To Haves

Proficiency in the loan documentation program (ARTA)
Knowledge of appropriate lending regulations
Reading and comprehension of corporate documents and other contracts as applicable
Following all Bank policies and procedures

Responsibilities

Perform all pre-closing loan duties and prepare all loan closing documentation for new and renewal Consumer/Commercial loans.
Ensure proper documentation to perfect security interest on secured consumer and commercial loans i.e., UCC searches, Stock assignments, Title work lien perfection, landlord’s waivers, CD/savings assignment of account.
Ensure all loan compliance regulations are followed when preparing loan documentation, including but not limited to CIP, Reg Z, Reg B, MLA, FACTA, and Privacy.
Work with Loan Officers to ensure loan policy compliance, proper loan documentation and lien perfection.
Review loan documents and prepare packages for loan closings.
Close loans as requested.
Provide payoff quotes for loans as requested.
Balance Loan GL accounts daily and make corrections as necessary.
Perform daily check-back duties as assigned.
Process Escrow Disbursements.
Answer phone inquiries and assist loan customers as required.
Save/scan incoming financial statements in system.
Prepare Quarterly exception report of Financial Statement exceptions for Board – to be trained at a later date.
Assist supervisor with annual Financial Statement risk-based tracking waiver.
Responsible for ensuring the Code of Ethics are being followed.
Responsible for reporting any Code of Ethics/ Internal fraud violations.
Follow all Bank policies and procedures.