Commercial Loan Processor

Process business loan applications, process private client loan applications, prepare business loan docs for closings, fund new business loans, and assist in preparing annual review requirements prior to loan closing. Assist Commercial Loan Officers and Underwriters in the development and growth of the department.

Duties and Responsibilities:

• Process incoming business loan applications.


• Assist Commercial Loan Officers and Underwriters with orders, verifications, and file requirements throughout the loan closing process.


• Ensuring compliance with regards to HMDA, ECOA, and FinCen regulations


• Process and order loan verification requests.


• Perform various post-closing duties on loan files such as following up on the receipt of final title policies and deeds, paying fees, and quality control.


• Review the loan for basic SBA (504) eligibility requirements during initial application processing.


• Assisting with yearly audits and documentation requests.


• Plan team activities and be an active participant in team culture.


• Communicate with Commercial Loan Officers and Underwriters throughout the loan process.


•  Complete loan checklists and personal loan audits once a loan is processed.

Qualifications:

Bachelor's Degree or equivalent applicable experience. Two or more years of loan processing experience preferred. Excellent data processing and computer skills with an eye for detail. Ability to work under pressure and in an organized manner. Excellent communication and people skills.

Performance Standard:

Must take pride in department by processing loans in a timely efficient, and organized manner with a high attention to detail. Must be professional and courteous in manner, with a focus on attendance, quality and quantity of work performed. Must be willing to comply with the Bank Secrecy Act and USA Patriot Act as implemented by Idaho Central Credit Union.

Physical Requirements:

• Perform tasks requiring manual dexterity (processing paperwork, filing, stapling, sorting, collating, typing etc.).


• Sit for extended periods of time.


• Lift 20-40 pounds of applicable supplies including but not limited to loan file folders, copy paper, cash drawers, marketing material etc.


• Repetitive motion using wrists, hands, and fingers.


• Reach keyboards.


• Ability to operate basic office machines (calculator, computer, telephone, copy machine, fax machine, etc.).

This role offers benefits, including:

• Competitive Pay


• Medical, Dental, & Vision Insurance 


• Generous Paid Time Off


• 11 Paid Holidays


• Matching 401K AND Pension


• Tuition Reimbursement


• Employee Assistance Program


• Employee Wellness Program


• Paid Group Life and Disability Insurance


• Awesome Culture


• Business Discounts 


• And More

The above statements reflect the general details considered necessary to describe the essential functions of the job and should not be construed as a detailed description of all the work requirements that may be inherent of the job.

Must be eligible for membership at ICCU to obtain employment.

ICCU is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, age, disability, protected veteran status or other characteristics protected by law.