Loan Processor

Job Summary

Provide a range of service to support the Lending Team and other staff members regarding preparation of loan documentation for consumer, commercial, and real estate closings. Examine documents to ensure accuracy and compliance with existing bank policies and regulatory guidelines.

Job responsibilities

• File original notes and negotiable items
• Process paid loans including releasing collateral, etc.
• Process ITRAK import daily and review import data
• Set up exception tracking for new loans and CIF’s
• Set up and train new employees on the ITRAK system
• Perfect collateral (prepare and mail in modifications, process UCC’s, process title binder extensions, etc)
• Process incoming trailing documents and update the tracking system accordingly
• Prepare loans for Funding
• Book Loans on the core system

Additional responsibilities

• Prepare loan documentation
• Image new loan documents and trailing documents on the loan and customer level
• Prepare payoff quotes
• Answer customer calls
• Other research/projects as assigned and required
• Process line of credit and floor plan draw requests
• Process loan payments

Education, Qualifications and/or Experience

• Requires a high school diploma or its equivalent
• Must have banking experience and at least two years in loan operations
• Knowledge of documentation for all loan types
• Good communication skills, both verbal and written.
• Ability to operate in a high activity environment and adapt to rapid changes.

NOTE:  This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization