Loan Processor: Real Estate, Commercial & Agriculture

State Bank of Reeseville / Watertown / Beaver Dam

and the job listing Expires on June 20, 2026

Full-Time Job Accounting, Data Analytics, Economics & Finance

Position Summary: Functions as the Bank’s primary Loan Processor.

• Responsible for procurement and processing Installment, Commercial, Agricultural, and Real Estate loan documents to ensure that compliance regulations are met and maintained and loans conform to established bank policies. Processing includes but is not limited to obtaining all necessary information to complete loan documents to close and fund the loan.
• The loan processor is also responsible for reviewing new and renewed loans from the branch offices and completing all necessary debit/credit slips, cashiers checks, and documents to balance the loan before presentation to the loan data entry individual.

Principal Duties and Responsibilities:

• Assists all loan officers in obtaining and completing information necessary to process and meet Compliance Regulations for Real Estate Mortgage Loans;
  Agricultural & Commercial Loans;
  Consumer Loans, including but not limited to all types of loans within each industry classification. This includes but is not limited to typing Commitment Letters, completing and mailing GFE and Disclosures, ordering Title Policies, Letter Reports, Abstract Continuations, Attorney’s Opinions, Appraisals, calling for payoffs, ordering Flood Certification, verifying insurance, etc. Accurately enters information into the Fipco Loan Calculation Program and prints out necessary loan documents.
  
  Processes all loan types, reviews, completes, and balances all loan types for the branch offices before sending the loan through to be built.
• Assists with tracking, filing, organizing, and etc. loan files until complete. Responsible for paid loans. This includes sending the paid loan notice, preparing satisfactions/releases, and preparing the paid loan file. Responsible for Fin-Cen. Include inquiries, registrations, re-po titles, issuing plates, reports, and inventory.
• Reports tracking of file documents to the L&D Committee
• Check back/Audits GL slips on construction loans and advances.
• Prepares weekly and special L&D Committee Agenda’s;
  Meeting minutes in addition to coordination of the meetings.

Additional Duties and Responsibilities:

• Assists with FIPCO updates and setting Standard Values.
• Assists with UCC Project.
• Tracking/reviewing files, inquiries, etc. to check for accuracy to meet Article 9
• Assists with tracking and keeping insurance current.
• Assists with tracking and completing the incomplete files.
• Assists with special projects.
• Courier as needed.
• Runs credit reports, answers the phone, completes Turn Downs and Right to Cures, Deferrals, typing, etc. as back up to the receptionist.
• Manage loan customer “Escrow” accounts for funding and disbursement of real estate taxes and insurance as defined in each escrow agreement
• Manage the Credit Life & Disability Insurance applications and payoffs in addition correspondence to the insurance company.

Performance Dimensions:

Serves internal and external customers in a positive, professional manner.

Follows Bank policies in regard to confidentiality, and adheres to documentation and compliance policies and procedures.

Enhances job growth through continuing education, as required or necessary.

Promotes quality, accuracy, timeliness, reliability, and thoroughness of work performed. Meets deadlines as needed.

Develops and maintains positive working relationships with other employees.

Is punctual and reliable.

Knowledge, Skills, and Abilities:

Education/Training:
High School Diploma or equivalent.

Experience:

Previous Bank, Office, or Accounting experience preferred.

Skills and Abilities:

• Work effectively and non-defensively with a variety of personalities.
• Ability to work and learn independently.
• Average keyboard/computer skills and ability to operate other general office equipment.
• Strong communication, interpersonal, and organizational skills required to meet multiple requests.
• Ability to work for more than one person.
• Ability to maintain composure under stress while using diplomacy and tact.
• Must be able to prioritize daily work to meet deadlines.
• Weekend or evening hours may be required.
• Good understanding of loan terminology, documents, and services.