Commercial Loan Processor
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Job Location:
Munster, IN - USA
Hourly Salary:
USD 19 - 22
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
JOB SUMMARY
The Commercial Loan Processor is responsible for processing various commercial loans in a timely and efficient manner at the direction of Business Bankers. Provide support for the Commercial Loan Processing Team Lead. Follow best practices for all commercial loan processing functions consistent with the Banks mission and strategic objectives. Be a proactive team member. Ensure support for internal and external customers meets bank expectations.
The Commercial Loan Processor reports to the Commercial Loan Processing Team Lead. This position interacts with bank wide departmental personnel of all levels business bankers business banking assistants and credit teams. Contact is required with a variety of third parties including vendor community and professional organizations.
DUTIES AND RESPONSIBILITIES
- Provide high quality customer service to internal and external customers
- Process commercial loans in a timely and efficient manner
- Collaborate with team members including functional training and cross-training
- Maximize technology to provide a consistent customer experience
- Document Preparation
- Review all new loan requests and renewals in nCino and assign the work for completion of the loan file
- Process and document new loans and loan renewals to meet all requirements
- Book Loans
- Upload loans to the core system in a timely and accurate manner
- Post Closing
- Understand the Uniform Commercial Code (UCC) system and process
- Process requests for advances and payments on Commercial Lines of Credit and Floor Plans
- Prepare and process loan payoffs including preparation of loan release(s) and return of paid/released documents to customer.
- Daily office tasks include:
- Assist with daily mail
- Process and approve wires
- Image daily work as needed
- Verify accounts
- Assist with workflow requests
- Follow FDICIA and SOx controls
- Work to ensure compliance with all bank policies applicable laws and regulations for assigned functional areas
- Serve as subject matter expert (SME) for technologies utilized products and vendor relationships
- Collaborate with technology leads to drive value from technology and vendor investments
- Collaborate and drive process improvements and procedural enhancements
- Pursue professional development and training opportunities to ensure the Banks environment and personal skillsets remain future-proof and forward-thinking.
QUALIFICATIONS
Position requires:
- High school diploma or equivalent
- Minimum of two years mortgage/commercial processing experience
- Excellent collaborative leadership and communication skills
- Proactive and independent action-taker
- Quick technology learner and early adopter
- Sound judgement and decision-making responsibilities
- Excellent time management and organizational skills
- Proficiency with related software tools including but not limited to Microsoft 365 Salesforce banking core loan origination processing and servicing systems preferred
ABOUT US
For over a century Peoples Bank has served as a cornerstone of customer commitment helping our communities thrive and continuously supporting our community members. Proudly bearing the Finward name as a Finward Company our logo symbolizes our unwavering dedication to financial excellence advanced technology and elevating the customer journey.
Headquartered in Munster Indiana Peoples Bank offers an extensive array of consumer business and wealth management solutions alongside cutting-edge digital banking services. With 26 conveniently located Peoples Banking Centers spread across Northwest Indiana and Chicagoland we uphold a tradition of delivering top-notch performance to our valued residents.
At Peoples Bank we are driven by a passion for fostering success within our customer base and communities. Anchored in our core values of Stability Integrity Community and Excellence we are committed to building strong partnerships with our customers and communities to help them achieve financial success. Through innovative engagement and technology we ensure an exceptional customer experience at every turn.
For more information on benefits visit the Careers page of our company website at is an Equal Opportunity Employer of women minorities protected veterans and individuals with disabilities.
Equal Housing Lender/ Member FDIC
Key Skills
- Loan Processing
- Typing
- Data Entry
- Customer Service
- Organizational skills
- Basic Math
- Computer Skills
- Fraud
- Microsoft Outlook
- 10 Key Calculator
- Fair Housing Regulations
- Food Processing
About Company
Finward Bancorp (the Bancorp) is a financial holding company registered with the Board of Governors of the Federal Reserve System. Peoples Bank (the Bank) is a wholly owned subsidiary of the Bancorp. The Bancorp has no other business activity…
