Dieterich Bank is looking for a Residential Loan Processor to add to our corporate team in Effingham, IL!
About Us:
Dieterich Bank has approximately $1.5 billion in assets with 16 locations in South Central Illinois and the Metro East region, as well as a loan production office in South County, St. Louis. At Dieterich Bank, we're not just about banking - we're about building relationships and enhancing lives. Voted one of the best places to work in Illinois for seven consecutive years, we understand the importance of a fulfilling career that aligns with your values and commitments outside of work. That's why we're dedicated to providing a supportive, family-friendly environment where work-life balance is more than just a phrase - it's a reality.
Essential Duties:
- Process residential mortgage loans under various programs in a quality consistent with all company policies and procedures as well as meeting all regulatory requirements.
- Monitors and ensure closing dates and company deadlines are met.
- Produce loan documents accurately and in a timely manner by using Encompass, LaserPro, or other bank programs.
- Prepare accurate early disclosures documents and closing documents.
- Obtains and reviews necessary loan documentation and submits complete packages to underwriting for loan approval.
- Obtains and verifies that all underwriting conditions are received and cleared by the underwriter and prepares the file for submission to the closing department.
- Follow-up on missing information when necessary.
- Review loan files for accuracy.
- Communicate with loan officers and underwriters to ensure documents are accurate.
- Communicate with third parties (title companies, employers, buyers, sellers, etc.)
- Notify the relevant parties when the loan processing is complete.
Knowledge, Skills, and Abilities:
- Must demonstrate our core values of Integrity, Value, Service Excellence, & Teamwork.
- Knowledge of regulations (TRID, HMDA, QM, etc.)
- Strong communication skills (verbal and written)
- Ability to meet deadlines
- Detail-oriented focus
- Organizational skills
- Ability to multitask
- Ability to prioritize
- Knowledge of Encompass and LaserPro or the ability to adapt quickly to new programs/software.
- Relationship management skills
- Proficient in Microsoft Office
- Ability to maintain a high degree of accuracy
Work Schedule:
This position requires 40 hours each week with work typically being completed between 8 a.m. and 5 p.m. Weekend and evenings are required when the workload is heavy. Potential travel for training if the opportunity presents itself.
Education and Experience:
- High school diploma or equivalent required
- Associate's degree or higher in business, finance, or related field preferred
- 1-3 years of experience working in an administrative position
- Experience with the banking or financial industry and residential loans preferred
Perks of the job:
- Group Health Insurance
- Group Dental & Vision Insurance
- Life, AD&D & LTD Insurance
- 401(k) Plan - Employer matching available
- Employee Assistance Program+
- Discretionary Profit Sharing Plan
- Discretionary Bonus Plan
- Profit Sharing Plan
- Paid Time Off (Holidays, sick time, personal time, and vacation)
- 8 hours of paid time volunteer with a charity of their choice.
Picture yourself coming to work every day in a place where you are doing great things for the people, businesses and causes in our community, and also for yourself. Interested in joining Dieterich Bank's Green Team? Apply today.
Dieterich Bank is an EEO/AA/Vet/Disability Employer.
Learn more about this Employer on their Career Site
