Loan Processing Associate

Bank of Marin, voted by our employees as one of the “Best Places to Work” in the North Bay Business Journal, is seeking a Loan Processing Associate to join our Credit Risk Management team on-site in Novato, California.

The Loan Processing Associate processes and ensures that all consumer loan applications are complete and accurate. Must follow loan lending guidelines including verifying assets, employment, liabilities, etc. Ordering title reports, insurance and ordering loan documents. Review all data submitted with loans to ensure adherence to regulatory guidelines. Entering data into Loan Origination System.

• Process approved loan applications and may prepare declination letters.
• Review all loan packages to ensure that they are in compliance with currently regulatory standards. In addition, keep track of the loan process from initial application to funding.
• Order all necessary reports, such as Preliminary Title Report, Insurance, etc. Verify that all data is correct.
• Work in conjunction with approving Credit Officer to obtain necessary information to close the loan within a timely manner.
• Coordinate the close of escrows, including review of final loan documents, funding, etc.
• Complete an in-progress checklist as the loan flows through the various processes.
• Handle Borrower Communication, monthly renewal tracking and payment delinquencies.
• Support Audit and Regulatory Reviews.
• Update team on changes to lending laws and guidance.
• Complete credit requests from other departments.

Professional Experience:

• Minimum 2 - 4 year’s relevant banking experience and/or training; or equivalent combination of education and experience.

Educational/Professional Experience:

• Associate’s degree (A.A.) or equivalent from two-year college or technical school; or equivalent combination of education and experience and/or training.

The hiring pay range for this position is $24.99 to $33.72. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.

The Bank of Marin is a growing public company with career advancement opportunities. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, a retirement savings plan with employer matching opportunity, bank paid employee stock ownership plan, tuition reimbursement, employee volunteer program and more. Additional details about total compensation and benefits will be provided during the hiring process.

Bank of Marin is an equal opportunity employer. EOE AA Vet/Disability