Loan Processor

Loan Processor

POSITION SUMMARY: The Loan Processor prepares all loan documentation, including loan disclosures for new and existing loans, paying attention to details, and ensuring loan policy, compliance, and regulations are followed. The Loan Processor will work closely with Loan Officers and Loan Assistants keeping an open line of communication to promptly deliver accurate documentation. As the department grows, other daily responsibilities will be assigned as determined by Management.

POSITION RESPONSIBILITIES: Provides the Synergy Bank standard of excellence in customer service. Maintains honesty and the highest level of ethical standards. Prepares commercial and consumer loan documents in LaserPro program. Prepares and mails early disclosure documents in the required time. Verifies that lending regulations, compliance and loan policy requirements are adhered to prior to preparing loan documents. Verifies that all required insurance, title opinions, and other required documentation is received and in order prior to preparing loan documents. Reviews loan documents to verify accuracy prior to printing documents. Communicates with closing attorneys as needed to ensure disbursements and documents provided are accurate. Ensures all collateral requirements are followed. Works closely with loan assistants to ensure loan documentation is prepared accurately and timely. Prepares entries as needed for loan disbursements. Manages attorney client lines of credit including advances, payments, updating Excel, and balancing. Processes and monitors DMV and DWF work needed to title collateral in timely manner to avoid penalties as well as balancing the Settlement accounts. Prepares tuition loan documents while helping with processing and booking if needed. Scans, names, and places documents in appropriate folders. Prepares month end reports as needed. Assists Loan Processing Manager, Compliance Officer, Loan Officers, Loan Assistants, Loan Operations department, and Commercial Loan Administrator as needed. Maintains a good understanding of all bank products and services to effectively cross sell. Handles additional duties as assigned by Management.