Commercial Loan Processor

Job Description 

Job Title: Commercial Loan Processor 

Departments: Loan Operations  

Reports To: Loan Operations Manager  

FLSA Status: Non- Exempt 

Expectations for All Team Members:  Supports Legends Bank’s Mission, Vision, and Values by demonstrating the following characteristics and behaviors with team members, customers, and communities we serve.   

L – Lead; E – Engage; G – Grow: E – Excel; N – Notice; D – Do; S - Serve 

Summary/Purpose: 

Performs other related tasks and duties as needed for department or directed by management. 

SUPERVISORY RESPONSIBILITIES N/A 

QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

EDUCATION and/or EXPERIENCE High School graduate or equivalent with minimum of three year’s experience in loan administration/processing; preferably a two-year college degree with five year’s loan administration/processing experience. 

LANGUAGE / MATHMATICAL SKILLS This position requires great customer service with strong written and oral communication skills.  Must possess a high level of attention to detail with strong analytical, organizational and problem-solving skills; quick learner with ability to multi-task and manage priorities and workflow within a constantly changing environment.   

PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job to include the ability to view computer screen (close eye-sight), use of arms and fingers, some bending, stretching and lifting up to 25 lbs.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

Essential Duties And Responsibilities: include the following.  Other duties may be assigned. 

• Works with loan officers to help ensure loan files meet regulatory compliance and collateral standards. 

• Assembles and verifies accuracy and completeness of loan files ensuring proper signatures, dates and other relevant data. 

• Prepares closing packages for consumer, commercial and real estate loans following bank policies and procedures. 

• Enter loan information into computer database. 

• Ability to book loans (consumer, commercial and real estate) onto computer system using loan software. 

• Maintains new and paid residential loan files. 

• Ensures all title issues are met and loan is properly recorded. 

• Ensures loan file schedules and deadlines are met. 

• Answers questions via telephone or in person on all types of loans and loan products. 

• Perform a variety of clerical duties requiring knowledge of departmental procedures.  Operates computer or office machines to compute payoffs, rebates, and adjustments. 

• Performs necessary research for completion of projects. 

• Maintains electronic and paper loan files and records. 

• Ability to prepare loan reports as needed relating to duties or projects assigned. 

• Corresponds with customers as needed. 

• Customer service oriented with the ability to cross-sell other bank products. 

SUPERVISORY RESPONSIBILITIES Supervises the duties of the mortgage lending staff. 

QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

EDUCATION and/or EXPERIENCE High School graduate or equivalent with minimum of three year’s experience in loan administration/processing; preferably a two-year college degree with five year’s loan administration/processing experience. 

LANGUAGE SKILLS Ability to write reports and other bank correspondence.  Effectively present information and respond to questions from managers, employees, and customers. 

MATHEMATICAL/REASONING SKILLS Ability to calculate figures.  Ability to apply concepts of basic financial reports.  Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form. 

PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job to include the ability to view computer screen (close eye-sight), use of arms and fingers, some bending, stretching and lifting up to 25 lbs.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

Working Conditions: 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. 

• While performing duties of position, employees are regularly required to sit, stand, walk, talk and hear. 

• Requires regular use of hands, arms, and fingers. 

• Includes some bending, reaching and occasionally lifting and/or moving up to 25 lbs.  

• Specific vision abilities required by this job include close, distance, color, depth perception, peripheral vision, and the ability to focus. 

• The noise level in the environment is usually minimal. 

• Ability to travel to branches within bank footprint or customer locations as needed. 

• Ability to travel to post office and transport sensitive information. 

• Ability to use facsimile, photocopier, and other general office equipment frequently. 

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.