Loan Processor

First Bank•Carmi, IL
•Onsite

About The Position

The Loan Processor helps the bank to fulfill its vision by maximizing the client experience and expanding client relationships.

Requirements

  • 2 years of banking, accounting, or finance experience
  • Interpreting
  • Researching
  • Reporting
  • Problem solving
  • Computer usage
  • Verbal and written communication
  • Detail orientation

Nice To Haves

  • Bachelor’s degree in business or related field preferred

Responsibilities

  • Takes ownership of loan processing responsibilities within 10 minutes of receipt.
  • Processes loan documentation with 100% accuracy.
  • Ensures all tracking items are input into the collateral tracking system (exceptions and covenants).
  • Organizes files according to filing procedures immediately after scanning.
  • Performs account maintenance, research, and any additional responsibilities as needed to support Loan Operations functions.
  • Prepares extension agreements, addendums, or collateral substitutions as needed.
  • Performs daily, weekly, and monthly departmental tasks as assigned.
  • Books loans to core system within 24 hours of receipt or rescission.
  • Protects the bank and clients by following company policies and procedures and completing required BSA and compliance courses.

Benefits

  • 401K-retirement plan
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