Loan Operations Processor

About the Organization PointBank has been an independent, locally‑owned community bank serving Denton County, Texas since 1884 – over 135 years. We operate nine branches located throughout the county. Our mission is to make every customer feel like the only customer, so they refer their family and friends. We provide a fun and professional environment where employees are challenged to be the best version of themselves. Description Promote, market, and facilitate the overall sale of the bank’s products. Contribute to the bank’s growth through the effective sale of services to new and existing customers, with an emphasis on courteous and professional service. FLSA Status This position is classified as Non‑Exempt under the FLSA.

OVERVIEW

Perform the duties related to processing, closing, funding and servicing of consumer and commercial loans. Monitor the closing of loan relationships, ensuring loans are closed in a timely and organized manner while maintaining compliance with regulatory rules, laws and bank policy. Identify and take advantage of opportunities to promote and refer bank products and services to satisfy customers’ financial needs and goals and direct them to appropriate staff.

ESSENTIAL JOB FUNCTIONS

Follow policies and procedures to facilitate processing for all non‑real estate (commercial, construction, residential, etc), commercial equipment, and aircraft loans and complete all transactions in coordination with the loan officer; act as liaison between Loan Officer and Loan Operations. Facilitate processing and loan document preparation for all consumer and commercial non‑real estate loans. Ensure that all required documentation is present in the loan request as defined in the consumer/commercial request checklist. Book consumer and commercial loans; make entries. Control funding – verify exception approvals/entries prior to release of loan for booking. Prepare and give to the SVP/Sr. Credit Officer the booking checklist within 72 hours of booking. Ensure that necessary approval has been obtained and scanned with the loan file. Complete floor plan draws and/or extensions. Prepare renewals, extensions and modifications. Verify data input on new and renewed loans. Verify collateral hold input for all locations. Track negotiable collateral valuations. Assist in preparation of the loan portion of the monthly Board reports. Process E‑OSCAR and credit bureau disputes. Maintain activity & floor plan logs. Maintain a productive workflow and work as a member of a professional team. Scan and verify loan files and any other documentation, as needed, in the imaging system. Set up and monitor loan documentation exception tracking and clearing. Conduct collateral maintenance; process vehicle title registrations and file UCC Financing Statements/Continuations. Track and monitor insurance. Process insurance payments from escrowed accounts. Process construction draw/advance requests on loans/lines of credit. Quote and process loan payoffs. Process closed loans, including preparing lien releases and mailing documentation; review lien releases prepared by others. Balance and reconcile assigned General Ledger accounts. Process any participation advances or payment requests. Process monthly payments for all purchased loans. Cross‑train in all areas of the department and rotate duties periodically. Train on new tasks as they are assigned. Troubleshoot and provide assistance to employees/customers on any inquiries, customer service issues, disputes, etc. Assist in writing and updating procedures. Attend all meetings and complete all training required to ensure regulatory compliance. Comply with all applicable Federal and State regulations and guidance associated with the performance of your job function. Comply with all applicable BSA/AML/OFAC policies and procedures, including required training and identification of suspicious activity. Report suggestions to improve branch/departmental operations and overall bank. Perform other duties and assignments within the bank at management’s request; accept periodic cross‑training and work in other branches if needed. Physical and Mental Demands Light to medium work: can lift up to 50 pounds occasionally and up to 10 pounds frequently to move objects. Standing, walking, and sitting are required. Repetitive motions, talking, hearing, reading, writing, and visual acuity tasks are performed. EOE Statement PointBank is an Equal Opportunity Employer of minorities, women, veterans, and disabled. Employees holding this position will be required to perform any other job‑related duties as requested by management. All requirements are subject to modification to reasonably accommodate individuals with a disability. If you are an individual with a disability and would like to request a reasonable accommodation during the employment selection process, please contact Recruiter at View phone number on click.appcast.io. This position is currently accepting applications. #J-18808-Ljbffr Point Bank