Commercial Loan Processor

Description The Commercial Loan Processor is responsible for receiving and processing new commercial loan submissions; and for providing daily administrative support to the Lender; including ordering required documents necessary to process loans, documentation preparation, maintaining the loan file, and coordinating the closing of the loan within a specified time frame. DUTIES & RESPONSIBILITIES Prepares accurate commercial loan documents in a timely manner Handles internal and external customer inquiries, questions, and/or concerns in a professional manner Orders the required documents (such as titles, appraisals, loan disclosures, obtains payoffs & releases, credit reports, required certificates & insurance) necessary to complete the loan file Previews loan files for completeness, accuracy, and ensures they are within compliance standards Processes loan files for closing and/or mails the adverse action notices to borrowers as requested by the lenders Schedules loan closings for lenders as requested Ensures documentation is maintained by performing file maintenance on a routine basis Provides weekly and monthly reports to Lenders and senior management as requested Performs other duties as assigned Requirements EDUCATION &/OR WORK EXPERIENCE REQUIREMENTS A Bachelor degree in a related field along with a minimum of 1 year experience performing loan processing functions is preferred. MENTAL & PHYSICAL REQUIREMENTS Ability to sit/stand/kneel/bend/for extended periods of time, lift up to 20 lbs on occasion, ability to analyze and resolve problems, possess strong time management skills, flexibility to multi-task, attention to detail is critical. COMPETENCIES Possess proficiency with Microsoft Office products, proficiency with LaserPro is preferred but not required, strong oral and written communication skills. #J-18808-Ljbffr State Street Bank