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.

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

• 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