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Loan Processor (Banking)

First Interstate

Generous Paid Time Off (PTO) in addition to paid federal holidays.
Child Care Assistance Program for eligible dependent(s).
Exercise reimbursement program for employees.
Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.
The Loan Post Close Specialist I is responsible for the post-closing review of Consumer, Commercial, and Specialty loans to ensure all documents and perfection requirements have been met, and that the Bank's position and security interest has been satisfied following Bank policy and procedures. This position will review a wide variety of loan and line products from simple to complex transactions and meeting completeness, turn time, and accuracy requirements dictated by established service level agreements.
Validates image, scan quality, and completeness of the physical copies of original loan files and actively maintains file storage and organization.
Performs the post close review function, insuring that loan documents comply with collateral terms of the approval.
Works with the Loan Originators, Loan Closing Specialists, third parties, and customers to resolve loan document issues and to clear documentation exceptions within the appropriate time periods.
Inputs, updates, and monitors exceptions on the Bank's exception system for escrow taxes and insurance.
Reviews UCC filings and releases, recorded mortgages, vehicle titles, and flood and hazard insurance assignments processes.
Processes trailing documents, reviews, and clears exceptions as appropriate through the tickler process.
Contacts internal and external sources in order to proactively clear existing exceptions with assistance.
Reviews final title policies to ensure accuracy per established policy and procedure.
Works with Loan Review during audits regarding loan document questions, tickler monitoring, and exceptions.
Assists the Banking Center and Relationship Manager personnel with questions and information requirements.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Personal computer skills with demonstrated knowledge of Microsoft Excel, Word, and Outlook.
Ability to read, interpret, and apply policies and procedures related to loan servicing.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
High School Diploma or General Education Degree (GED) required

  • Bachelor's Degree preferred
  • 1-3 years experience in a financial institution to include collateral control and post-closing operational experience preferred
  • In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
Overtime - Subject to business need

Vacancy posted 20 hours ago
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