Commercial Loan Processor (Sign-on Bonus Available)
State Bank
Job TitlePerform a variety of duties to support the assigned consumer, commercial (including small business and SBA) and agricultural loan document preparation and setup functions.EducationA high school diploma or equivalent, Associates Degree in business or accounting preferred.ExperienceA minimum of one (1) year of experience in related positions normally required.Preferred SkillsProficient in consumer loan and commercial loan documentation. Proficient reading, writing, and grammar skills. Interpersonal relations and communicative skills. Moderate mathematics skills. Moderate computer skills and word processing skills. Moderate typing skills.Role and ResponsibilitiesPerforms a variety of duties to support the assigned consumer, commercial (including small business and SBA) and agricultural loan document preparation and setup functions.Essential DutiesReviews appropriate checklists for compliance/accuracyInterfaces with vendors as needed to obtain required documentation to close the loan, including, but not limited to, UCC search, certificate of good standing, insurance forms (property, title, etc.), Ag equipment lists and environmental checklists as neededPrepares Letters of Engagement for appraisal/evaluation and tracking in Baker HillInterface with the law firm for all attorney prepared documentsPrepare Letter of Credit DocumentationCreates, transmits and revises loan documentation using loan documentation softwareReview executed loan documents for accuracy and completeness prior to funding the loanPlace all holds on accounts or perfecting liens as requiredPrepare Assignments, Satisfactions and Subordinations for real estate loans as requested.Process all necessary tickets for funding of the loan and loan feesConfirms funding data following loan closingFollows up to gather missing documentationForwards all completed RE Appraisals/Evaluations to vendor for reviewProvides information for, and assists in the preparation of, various reports as directedCoordinates specific work tasks with other personnel within the unit or department as well as with other units and departments in order to ensure the smooth and efficient flow of information.Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of sexual harassment and other forms of illegal discriminatory behavior in the work place.Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the bank’s compliance with all regulatory requirements, e.g. Community Reinvestment (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate company personnel.Responds to inquiries relating to his/her particular area, or to requests from customers, other company personnel, etc., within given time frames and within established policy.Assists the immediate supervisor with various administrative tasks to support department/unit operations, as directed; may also be assigned special projects.Ancillary DutiesPerforms tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual or departmental circumstances.Physical RequirementsOccasionally ascends/descends stairs to move through the different floors of the location.Must be able to remain in a stationary position more than two-thirds of the time.The person in this position needs to occasionally move about inside the office to accomplish tasks.Occasionally adjust or move objects up to 10 pounds in all directions.Frequently communicates with others to exchange information.Constantly moves wrists, hands, and/or fingers.Must be able to assess the accuracy, neatness, and thoroughness of the work assigned.Occasionally has to work around noisy environments.Sedentary work that primarily involves sitting/standing.
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