Loan Processor - Banking / Lending

Job Description

Job Description

A locally focused community bank serving consumers and businesses throughout East Tennessee is seeking a Loan Processor to join its Knoxville team. This is a great opportunity to join a growing, local organization that values its employees and offers a favorable schedule, competitive compensation, and a comprehensive benefits package.

Salary & Company Benefits

Salary: $50,000–$65,000, based on experience and qualifications, plus eligibility for an annual discretionary bonus.

Benefits: PTO, Sick Leave, Medical, Dental, Vision, Group Term Life, Long Term Disability and Voluntary Term Life. 

Position Overview

The Loan Processor is a key contributor to the bank’s lending operations, responsible for coordinating and processing loans from initial application through funding and post-closing. This role ensures loan files are complete, compliant, and moving efficiently through the pipeline while serving as a central point of contact for borrowers, lenders, and third-party vendors. This position offers the opportunity to work in a collaborative banking environment while supporting the loan process from origination through closing.

Job Responsibilities

• Manage loan files from origination through post-closing, ensuring accuracy, completeness, and policy compliance.
• Review loan documentation and confirm credit approvals align with bank lending policies.
• Order, track, and follow up on third-party services including credit reports, flood certifications, appraisals, inspections, and title work.
• Communicate directly with borrowers to request documentation, answer questions, and provide loan status updates.
• Prepare closing packages and coordinate closings with lenders, title companies, and borrowers.
• Monitor the loan pipeline to meet processing timelines and support on-time closings.
• Oversee construction loan draws, inspections, and reporting updates.
• Track financial and policy exceptions, proactively resolving or escalating items and documenting actions in accordance with compliance standards.
• Complete post-closing tasks, including uploading funded loans and preparing funding and fee tickets.

Requirements

• Experience in loan administration, loan processing, or a related banking or lending role.
• Strong understanding of loan documentation, credit approvals, and lending policies.
• Working knowledge of federal, state, and bank lending regulations.
• High attention to detail with the ability to review documents for accuracy and completeness.
• Strong organizational and time-management skills with the ability to manage multiple loans and deadlines simultaneously.
• Clear and professional communication skills, both written and verbal, with borrowers, lenders, and third-party vendors.
• Ability to proactively identify issues, follow up on outstanding items, and escalate when necessary.
• Experience ordering and tracking third-party services such as appraisals, title work, inspections, and credit reports.
• Comfort working with loan systems, document management platforms, and exception tracking reports.
• Team-oriented mindset with the ability to work independently in a fast-paced environment.

How to Apply

If you are looking for a stable opportunity with a positive team culture, we encourage you to apply today! We review applications promptly, and qualified candidates will be contacted in a timely manner. Thank you,