Loan Servicing Clerk

Metairie BankMetairie, LA
Onsite

About The Position

Responsible for timely and accurate boarding of commercial loans to the bank’s core system. Processes loan account maintenance, loan advances, and loan payments on the bank’s core system.

Requirements

  • Strong understanding of loan application policies and procedures, as well as documentation required by federal and state regulations.
  • 2 years’ experience in loan operations with loan documentation experience preferred.

Responsibilities

  • Boards commercial loans to the bank’s core system, as well as processes modifications and renewals to existing loans.
  • Review loan documentation post-closing to verify all required documents have been received and signed.
  • Processes advances, loan payments, and loan maintenance by either preparing necessary paper transactions, or direct input to the bank’s core system.
  • Responsible for input of loan file exceptions, placing loans on nonaccrual, and charge offs to the bank’s core system.
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