Commercial Loan Processor

## Commercial Loan Processor Apply remote type:
Hybrid locations:
South Bend, Indiana 46601 - Corporate time type:
Full time posted on:
Posted Yesterday job requisition :
R-100592
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* Job Description:

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* Position Summary:

** The Commercial Loan Processor is responsible for processing commercial loans, ensuring compliance with regulatory standards. The incumbent is responsible for management of loan closings and post-closing process and the ongoing loan servicing responsibilities.
** Primary

Responsibilities and Duties:

*** Order and review due diligence reports according to established guidelines and specific transaction approvals.
* Review and process commercial loan applications. Ensure all applications are complete, accurate, and meet our lending criteria.
* Prepare commercial loan document packages and submit to Sr. Commercial Loan Processor for review and approval prior to proceeding with closing.
* Perfect the credit union’s lien on various types of collateral, i.e. filing mortgage, placing lien on titled vehicles, recording UCC financing statements.
* Review final closing documentation for accuracy, and regulatory and policy compliance.
* Update commercial reporting systems with post-closing and on-going servicing information.
* Review and process construction loan draws according to approved procedures.
* Prepare commercial loan pay-off letters and collateral releases promptly and accurately.
* Assists the Senior Commercial Loan Processors
* Assume additional responsibilities as required for the growth and advancement of Everwise.
** Knowledge/

Skills:

*** Foundation and understanding of commercial lending processes.
* Experience in commercial lending regulations and legal requirements.
* Experience managing documentation process for commercial loans.
* Excellent communication skills and customer service skills.
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* Minimum Requirements:

*** High School Diploma or GED
* 1+ years’ experience in commercial loan processing, mortgage loan servicing or processing, or title and escrow operations including property title research, documentation and closing coordination
* Experience working in loan processing software
* Proficient in Microsoft Office suite.

Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
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