Loan Processor II

DEPARTMENT: Loan

CLASSIFICATION: Non - Exempt

REPORTS TO: Loan Operations Manager

SUPERVISES: No supervisory responsibility

SUMMARY: Responsible for the processing, administration, and structure of commercial loans.

MAJOR DUTIES & RESPONSIBILITIES:

• Responsible for the processing and administration of commercial loans.


• Assembles and verifies accuracy of loan documentation. Ensures that loan files contain documents and with proper signature, dates, and other relevant data.


• Responsible for properly securing loan collateral. Filing mortgages on commercial real estate, UCC searches, and filing proper UCC searches.


• Works with chief loan officer to hold lenders accountable to policy and procedure by identifying, reporting, and delaying loan closings due to exceptions to policy.


• Works through paid out loans, release of collateral, and clean-up of loan files.


• Maintains quality control of loan documents, loan files, and loan systems.


• Answers customer questions and resolves routine problems with inquiries regarding payoffs, changes of owner, note modifications, beneficiaries, and other loan details.


• Updates QM procedures annually.

EDUCATION & EXPERIENCE:

• Undergraduate degree and/or three to five years of commercial loan experience.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Extensive knowledge of bank loan policies and procedures.


• Experience in Banking regulation and/or industries in which the bank engages in loan activity.


• Knowledge of Fiserv, Laser Pro, and other bank specific software.


• Fluency in computer applications and Microsoft Office Environment.

EOE, including disability/vets