Commercial Loan Processor

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This range is provided by GBank. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$50,000.00/yr - $56,000.00/yr

The Commercial Loan Processor will be a highly motivated and resourceful member of the Commercial Loan Doc & Closing Department and will handle complex commercial and consumer loan documents ensuring completeness and accuracy in accordance with credit/bank policy and State/Federal Regulatory requirements. This role requires someone with strong follow-through skills who is adaptable and embraces change. Responsibilities include working closely with Loan Personnel, Lending Assistants, and attorneys to manage the loan closing process, monitoring and enforcing post-closing exception items.

May participate in special lending-related projects as directed by Senior Management.

• Upholds, at all times, the Bank’s Core Values of:
  Integrity, Respect, Positive Attitude, Empowerment, Accountability, and Excellence.
• Delivers on the Bank’s tagline of “Your Best Banking Experience – Ever!” by reinforcing the application of superior customer service through his/her own example along with appropriate follow through with involved customers and employees.
• Generates Commercial Real Estate, Commercial and Industrial, SBA 504, Letters of Credit, Consumer, and Construction loan documents in accordance with loan approval requirements and State/Federal Regulatory requirements. Works with Lending Assistants and title companies on loan closings and follow-ups on recorded loan documents and title policies. Conducts UCC searches and perfects the Bank’s security interest.
• Reviews commercial, construction, consumer, and SBA 504 loan requests and related documentation for accuracy and compliance prior to releasing documents for signing.
• Reviews construction draws including supporting reports, vouchers, change orders submitted by Voucher Control Agents and disburse based on percentage of completion. Tracks construction budgets.
• Working knowledge of title policies and related loan regulations such as RESPA, HMDA, and other Bank lending policies on loans to directors.
• Processes and track loan collection expenses, vendor fees, and other professional fees.
• File UCC’s to perfect the bank’s lien and conduct UCC post searches.
• Follow-up on UCCs, recorded loan documents, and title policies.
• Reviews loan reports and conducts monthly certifications of cash secured loans.
• Compiles information for Senior Management and assists in audit preparation.
• Other duties as assigned.

The position of Commercial Loan Processor is not responsible for the supervision of any employee(s).

This position requires the ability to accommodate reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks, and constant interruptions.

• Bachelor’s or Associate degree from an acceptable college/university; OR at least 1 Year of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of commercial loan servicing background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
• Intermediate computer skills including working knowledge of Laser Pro and Laser Pro Processing Set-Up, MS Word, Excel, Outlook, Adobe Acrobat, and various internet search engines.
• Intermediate servicing and processing knowledge of commercial, construction, real estate, and consumer loan products including knowledge of related state and federal lending and compliance laws and regulations and other Bank lending policies.
• Intermediate knowledge of title policies and related loan regulations such as RESPA, HMDA, REG O, flood regulations, bank lending policies,…