Senior Loan Processor - Neosho

Full-Time Senior Loan Processor - Neosho SUMMARY

This position is responsible for preparing documents to initiate and close loans. Work is performed within the framework of standard operating policies and procedures, however, independent judgment and discretion is required in performing assigned tasks. Deviations from normal procedures and/or questions are referred to the supervisor.

• Receive loan folder from loan officer; review set-up sheet and loan application; access and print credit information when necessary; perform detailed data entry to create initial loan documentation; contact loan officer and/or customer with questions; print and sort documents; photocopy authorization forms, type envelopes, and assemble mailing with appropriate authorizations, verification forms, and return envelopes; order necessary documentation; print loan processing status sheet, reassemble file, and forward file to loan officer.
• Receive notification of loan closing details and loan file with closing worksheet from loan officer; access loan record corresponding to the request and perform necessary data entry adjustments; proofread all documentation for accuracy and completeness; type and proofread legal description; print and forward completed documentation and loan file to underwriter and/or loan officer for final review prior to loan closing.
• Receive closed loan information back from lender and review loan documentation to ensure it is complete and the proper signatures have been obtained and regulatory compliance requirements have been met. Fill out necessary information for each loan to forward with loan to be booked on the core system.
• Answer telephone, transfer calls, and/or take and transmit messages; greet and screen visitors then direct to appropriate bank personnel; perform general clerical duties.
• Comply with all banking regulations, policies and procedures.
• Confidentiality is required in all phases of employment.

• Maintain knowledge of loan system, loan products, documentation and regulations through attendance at job related seminars, conferences and workshops.

None.

Possess a high school diploma or GED certification, plus additional education and/or training.

Two to three years of loan processing experience.

Knowledge of lending policies and procedures, compliance policies and procedures and disclosure and applicable state and federal regulation. Knowledge of Article 9 of the UCC and real estate laws pertaining to liens.

Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization. Ability to read, analyze and interpret compliance policies and procedures. Ability to comprehend required components of loan files.

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.

Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.

Must have the ability to operate the following equipment: telephone, 10-key calculator, typewriter, personal computer and printer, copy machine, shredder, step stool and/or ladder, multi-drawer file cabinet, fax machine. Must have working knowledge of spreadsheet, word processing and database management software programs. Basic PC knowledge.