What are the responsibilities and job description for the Loan Processor position at Bank of Louisiana?
Company Description Bank of Louisiana is a community-focused financial institution serving the citizens of Pike County, Missouri with a range of services including commercial loans, mortgages, and other banking solutions. The bank is committed to delivering personalized service and building long-term relationships with individuals and businesses in the region. Team members work in a customer-oriented environment that values integrity, reliability, and local engagement. Joining Bank of Louisiana offers the opportunity to contribute to a trusted institution that supports the financial needs and growth of its community.
Role Description The Loan Processor is a full-time, on-site role based in Metairie, LA. This role is responsible for reviewing and processing loan applications, ensuring all required documentation is complete, accurate, and compliant with internal policies and regulatory guidelines. Day-to-day tasks include communicating with applicants, loan officers, and underwriters to gather information, verify data, and resolve discrepancies in loan files. The Loan Processor organizes and maintains loan records, prepares files for underwriting and closing, and tracks the status of applications to ensure timely completion. The role also involves providing clear, professional updates to customers and internal stakeholders, supporting a smooth and efficient lending process.
Qualifications
- Ability to manage and organize Loan Documents, ensuring completeness, accuracy, and compliance.
- Knowledge of different types of Loans and basic lending principles, with attention to regulatory requirements.
- Strong Communication skills for interacting with customers, loan officers, and internal teams.
- Familiarity with Underwriting processes and requirements to prepare and present thorough loan files.
- Experience or demonstrated capability in Loan Processing, including data verification and file tracking.
- Detail-oriented, with strong organizational and time-management skills.
- Proficiency with office software and loan processing systems; ability to learn new tools quickly.
- High school diploma or equivalent required; associate or bachelor’s degree in finance, business, or a related field preferred.
- Prior experience in banking, lending, or financial services is beneficial.
- Commitment to ethical practices, confidentiality, and excellent customer service.