Commercial Loan Processor

Evansville, IN - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Liberty FCU is seeking aCommercial Loan Processor. This position could be located at 4401 Theater Drive Evansville IN. The ideal candidate for this position must provide exceptional service to ensure a seamless loan process. This role will provide administrative support to commercial lending staff interact with clients and third-party vendors and ensure accurate and timely commercial loan documentation.If interested please proceed by clicking Apply.

Duties and responsibilities include but are not limited to the following:

Process all loans as assigned including the most complex files.
Responsible for clearing conditions and issuing changes to the terms on previously approved loans.
Responsible for verifying conditions of approval which may include but not limited to client income/assets documentation resolve routine title issues including but not limited to the following: vesting issues child support liens judgment liens mechanic liens and undisclosed lien reconveyances.
Analyze understand and interpret loan policy and apply to loan requests.
Evaluate loan documentation and clear conditions as per delegated authority.
Ensure accurate complete and timely loan data on processing system.
Obtain credit reports flood determination reports title examinations and appraisal information.
Communicate with attorneys in preparation of documents.
Review all prepared documents for accuracy prior to loan closing.
Ensure all documentation is regulator compliant (i.e. Reg B HMDA Flood Certifications etc.)
Ensure that all documents have proper signatures dates disclosures and other relevant data.
Work closely with other members of department to ensure exceptional service is provided to client base.
Ensure loans are booked correctly and collateral is forwarded to appropriate department.
Perform research needed to resolve client problems in a timely manner.
Serve as backup to other documentation specialists.

Desired Skills and Qualifications:

Detailed knowledge of processing underwriting and closing procedures.
In-depth knowledge of credit unions policies and procedures lending procedures and credit policies.
In-depth understanding of computer loan system.
Proven computer skills.
Develop and maintain an understanding of credit union history philosophy organization bylaws and operational procedures.
Knowledge of federal lending regulations.
Ability to analyze policies procedures and guidelines in a way that maximizes productivity but protects the level of risk desired.
Must be able to establish productive business interpersonal relationships with others inside and outside the organization and to work with little direct supervision in carrying out the responsibilities assigned.
Must have working knowledge of Microsoft Office products and Internet Explorer.
Must have flexibility in working schedule; may be required to work weekends and/or extended hours. Reliable attendance is critical.
Ability to operate standard business equipment: fax copiers printers calculators computers etc.
Ability to present professional image.
Ability to handle sensitive documents or other confidential information.
Ability to work well under pressure.
Ability to perform multiple job functions and tasks with minimum supervision.
Ability to communicate and work well with all levels of employees officers and directors.
Must have attention to detail and ability to meet deadlines and deal tactfully with clients (internal and external).
College degree preferred with a demonstrated mastery of loan processing principles: however a combination of experience and education may be substituted for degree requirements.
Experience and overall understanding of loan systems and various related host systems.

Physical Requirements:

Normal office environment with little exposure to dust noise and temperature.
Sitting for long periods.
Standing bending and lifting up to 20 pounds.
Extended viewing of computer screen.
Occasional travel to branch offices seminars and various training courses may be required.

Benefits and Compensation

Paid Holidays
Paid Time Off (Vacation Sick and Personal Days)
Medical Dental and Vision Insurance
401(k) retirement program with matching funds
Employer paid Group Term Life Insurance Short Term and Long-Term Disability Insurance
Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer Minority/Female/Disability/Protected Veteran.

Duties and responsibilities include but are not limited to the following:

Process all loans as assigned including the most complex files.
Responsible for clearing conditions and issuing changes to the terms on previously approved loans.
Responsible for verifying conditions of approval which may include but not limited to client income/assets documentation resolve routine title issues including but not limited to the following: vesting issues child support liens judgment liens mechanic liens and undisclosed lien reconveyances.
Analyze understand and interpret loan policy and apply to loan requests.
Evaluate loan documentation and clear conditions as per delegated authority.
Ensure accurate complete and timely loan data on processing system.
Obtain credit reports flood determination reports title examinations and appraisal information.
Communicate with attorneys in preparation of documents.
Review all prepared documents for accuracy prior to loan closing.
Ensure all documentation is regulator compliant (i.e. Reg B HMDA Flood Certifications etc.)
Ensure that all documents have proper signatures dates disclosures and other relevant data.
Work closely with other members of department to ensure exceptional service is provided to client base.
Ensure loans are booked correctly and collateral is forwarded to appropriate department.
Perform research needed to resolve client problems in a timely manner.
Serve as backup to other documentation specialists.

Desired Skills and Qualifications:

Detailed knowledge of processing underwriting and closing procedures.
In-depth knowledge of credit unions policies and procedures lending procedures and credit policies.
In-depth understanding of computer loan system.
Proven computer skills.
Develop and maintain an understanding of credit union history philosophy organization bylaws and operational procedures.
Knowledge of federal lending regulations.
Ability to analyze policies procedures and guidelines in a way that maximizes productivity but protects the level of risk desired.
Must be able to establish productive business interpersonal relationships with others inside and outside the organization and to work with little direct supervision in carrying out the responsibilities assigned.
Must have working knowledge of Microsoft Office products and Internet Explorer.
Must have flexibility in working schedule; may be required to work weekends and/or extended hours. Reliable attendance is critical.
Ability to operate standard business equipment: fax copiers printers calculators computers etc.
Ability to present professional image.
Ability to handle sensitive documents or other confidential information.
Ability to work well under pressure.
Ability to perform multiple job functions and tasks with minimum supervision.
Ability to communicate and work well with all levels of employees officers and directors.
Must have attention to detail and ability to meet deadlines and deal tactfully with clients (internal and external).
College degree preferred with a demonstrated mastery of loan processing principles: however a combination of experience and education may be substituted for degree requirements.
Experience and overall understanding of loan systems and various related host systems.

Physical Requirements:

Normal office environment with little exposure to dust noise and temperature.
Sitting for long periods.
Standing bending and lifting up to 20 pounds.
Extended viewing of computer screen.
Occasional travel to branch offices seminars and various training courses may be required.

Benefits and Compensation

Paid Holidays
Paid Time Off (Vacation Sick and Personal Days)
Medical Dental and Vision Insurance
401(k) retirement program with matching funds
Employer paid Group Term Life Insurance Short Term and Long-Term Disability Insurance
Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer Minority/Female/Disability/Protected Veteran.