Small Business Loan Processing Specialist

FitzGerald Financial Group - Division of TowneBank MortgageSuffolk, VA
Onsite

About The Position

Process and close all small business loans in compliance with bank policies and banking regulations. This role involves preparing loan documents, managing the loan processing queue, and providing excellent service to members and loan administration personnel. The specialist must adhere to federal laws, rules, and regulations, including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).

Requirements

  • Excellent customer service skills
  • Strong organizational skills
  • Ability to work independently
  • Strong computer skills (Word, Excel)
  • Professional telephone skills
  • Ability to work under time constraints
  • Ability to multitask
  • Experience in consumer loan area of banking to include loan documentation and regulations, specifically real estate secured

Nice To Haves

  • Knowledge of Laser Pro loan documentation software
  • Minimum of two years of loan documentation experience for Loan Processing Specialist II.

Responsibilities

  • Process and close loans as assigned.
  • Maintain and manage loan processing queue on a daily basis.
  • Provide excellent service to our members and loan administration personnel in the field.
  • Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
  • Prepare loan documents within approval guidelines.
  • Input loans into Laser Pro and/or CSI.
  • Prepare attorney’s instructions.
  • Prepare loan proceeds checks/wire transfers/general ledger entries.
  • Review final loan documentation prior to and subsequent to closing.
  • Correct any collateral exceptions in a timely manner.
  • Other duties as assigned.
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