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Loan Processor

Job in Billings, Yellowstone County, Montana, 59107, USA
Listing for: Opportunitybank
Full Time position
Listed on 2026-07-11
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking Operations
Salary/Wage Range or Industry Benchmark: 40000 - 52000 USD Yearly USD 40000.00 52000.00 YEAR
Job Description & How to Apply Below
Position: Loan Processor I

Loan Processor I – Key Responsibilities

  • Assist with all aspects of documenting loans in accordance with policies, procedures, laws, and regulations
  • Process loan applications as requested by lenders
  • Gather and organize data needed to complete loan files
  • Enter loan information and create loan closing packages in the loan system
  • Prepare and collect required legal documents
  • Record mortgage documents, UCC/EFS financing statements, and other collateral records
  • Complete files for denied or withdrawn loans
  • Assist attorneys and paralegals during the loan closing process
  • Obtain required third‑party items such as insurance, appraisals, flood determinations, and title work
  • Assist with HMDA determinations and follow up on pending loan items
  • Manage ticklers and track outstanding documentation
  • Organize and maintain loan files according to procedures
  • Process paid‑off loans and ensure collateral release is completed
  • Provide support to lenders and staff by answering questions on policies, procedures, and systems
  • Prepare documentation for renewals, modifications, and file maintenance
  • Process third‑party invoices and coordinate with Accounts Payable
  • Work with internal departments to ensure smooth workflow and communication
  • Respond to inquiries from staff and customers in a timely manner
  • Perform other related duties as assigned
Qualifications

Education:

High School or better.

Experience

1-2 years:
Previous experience in a general office, banking, lending, or customer service environment is preferred. Candidates should be comfortable working with computers and Microsoft Office, with strong data entry and organizational skills. The ideal candidate has experience reviewing documentation, identifying discrepancies, and managing multiple tasks in a fast‑paced environment while maintaining accuracy and attention to detail.

Behaviors & Preferred Attributes
  • Team Player:
    Works well as a member of a group
  • Detail Oriented:
    Capable of carrying out a given task with all details necessary to get the task done well
  • Motivated by Work–Life Balance:
    Inspired to perform well by having ample time to pursue work and interests outside of work

Equal Opportunity Employer. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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