Accounting and Administrative Position

Loan Administrative Assistant – To $55K – Chicago, IL – Job # 2966

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

Our client is seeking to fill a Loan Administrative Assistant role in the Chicago, IL market. The successful candidate will provide administrative support for multiple loan officers.

Loan Administrative Assistant responsibilities include:

• Processing loan files, creating loan documents, and interacting with outside vendors to order appraisals, title work, track insurance, and obtain various standard reports or supporting documentation.
• Preparing commercial loan documents and files within specified time limits to meet all crucial deadlines.
• Ensuring all loan documentation is complete, accurate, verified, and that it complies with the bank policies and state and federal regulations and policies.
• Ordering, gathering, and verifying background information on loan applicants and their business by conducting follow-up applicant interviews, obtaining credit bureau reports, business income statements, appraisals, title insurance, and other necessary verification documentation.
• Interviewing customer loan applicants to gather basic information concerning their business loan needs.
• Performing loan transactions efficiently, accurately, and in a professional manner while providing quality customer service focused on building strong business relationships.
• Tracking insurance, taxes (real estate), and borrower financial information ensuring continued compliance with all loan requirements.
• Taking the initiative to follow-up, escalate, or seek additional resources to ensure customer satisfaction in a timely manner.
• Cross-training in loan documentation.

High School diploma or GED.

• Five or more years of commercial mortgage processing experience is required.
• Five or more years working in loan operations or loan documentation with specific experience in due diligence review and loan documentation.
• Solid working knowledge of mortgage title insurance, hazard insurance, and flood insurance as they pertain to loan collateral.
• Working knowledge of real estate and equipment appraisals required for loan collateral.
• Solid understanding of the most common loan reporting requirements such as HMDA and CRA as demonstrated by the ability to collect accurate data.