Loan Processor II

About the Role

Seeking a TALENTED, MOTIVATED and EXPERIENCED individual to join our growing Lending Department as a Loan Processor! The salary range for this position is $21.75 to $26.50 per hour. All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background. Bank Happy. Work Happy. Right Here. Perform operational tasks to support and assist the Loan Department, Credit Administration and other departments in the preparation of loan documents.

This position is necessary to ensure accuracy and the timely delivery of loan documents to the lender and provide expertise in loan coding and various compliance issues to meet the bank’s policy standards.

• Maintain effective loan verification procedures to ensure proper compliance.
• Analysis of the lender documentation checklist to insure accuracy of fees, loan coding and exceptions according to Glacier Bank loan policy.
• Maintain current knowledge of all facets of the bank’s documentation software and core system.
• Insure that all compliance regulations pertaining to documentation are met within the scope of the credit.
• Review title commitments through a comparison to loan request, ensuring the accuracy of the security documents.
• Provide accurate and timely loan documents to lenders.
• Monitor and obtain verification of loan approval limits/authorities for each loan.
• Monitor flood determination information supplied by the lender and Loan Servicers to ensure appropriate documents are prepared by the loan closing date and that they meet regulatory guidelines.
• Review the documents as each loan is processed, to verify accuracy and completeness.
• Prepare initial CRA source document file in bank’s Shared Drive.
• Prepare Adverse Action documents and set up the scanning file for Adverse Action as assigned.
• Remotely print all loan documents to the appropriate bank office.
• Maintain effective coordination and communication with area personnel and management.
• Timely and consistent attendance.
• Completes assigned paperwork for management and Lenders. Completes records and reports promptly and accurately.
• Supports and assists area personnel as needed.
• Attends and participates in meetings and trainings offered by BSJ and software vendors as required.

• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• Adhere to Bank of the San Juans Company Core Values.
• Keeps management appropriately informed of area activities and of any significant problems.
• Participate in Community Service and Bank sponsored activities that serve and support the mission and values of the Bank of the San Juans.
• Provide superior internal and external customer service: must demonstrate self-governance, courtesy and respect toward external customers as well as internal customers (all organization personnel).
• Complete required bank and BVS training courses within assigned time frame(s).
• Represent Bank of the San Juans in a professional manner which includes a professional image, confidentiality, a positive “can-do” attitude, good attendance, punctuality, flexibility and adaptability in meeting bank and customer needs. Keep work area tidy and maintain customer privacy. Attends and participates in meetings as required.
• Additional duties as requested or assigned.

• High school diploma or equivalent.
• Two to five years of similar or related experience.

• Understanding of loan products and services.
• Knowledge of Decision Pro and Laser Pro (preferred but not required).
• Knowledge of loan documentation functions, lien perfection and related requirements and procedures.
• Strong typing abilities.
• Good verbal skills.
• Able to operate calculator, word processor, and related computer applications.
• Well organized.

Must be able to routinely perform work indoors in climate-controlled shared work area with moderate noise level.

The physical demands described here are representative of those that must be met…