Loan Processor

 Summary/Objective  

The Loan Processor produces consumer and/or commercial loan documents in accordance with bank guidelines.  

 

Essential Functions 

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

·         Process consumer and/or commercial loan applications in a timely manner 

·         Book commercial and consumer loans to core system 

·         Scan loan files and documents to Aurora 

·         Daily loan review 

·         File documents in records vault 

·         Loan maintenance 

·         Assist lenders with processing, payment, and maintenance questions 

·         Answer customer calls regarding loan questions 

·         Collateral releases 

·         Loan payments 

·         End of year tax statements 

·         Daily past due notices and loan statements 

·         Vehicle titles 

·         File mortgages 

·         File UCCs 

·         Fund loans 

·         Balance general ledger 

·         Set up auto transfer payments for loans 

·         Participation payments 

·         Loan unposted 

·         ACH returns 

·         Order payment coupon books 

 

Competencies 

·      Problem Solving/Analysis 

·      Teamwork orientation 

·      Initiative 

·      Time management 

·      Knowledge of office methods, procedures, and practices including the use of standard office equipment 

·      Detail oriented 

·      Organized 

·      Motivated 

·      Strong communication skills 

                   

Supervisory Responsibility 

None  

Work Environment 

This position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, fax machines, email, electronic calendars, scanning devices, calculators, and spreadsheets. 

 

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. 

 

While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand, walk, squat, use hands to finger, handle or feel, and reach with hands and arms. This job may also require the employee to frequently lift at least 25 pounds. 

 

Position Type/Expected Hours of Work 

This is a full‐time non- exempt position. This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act. This position may require occasional evening and weekend work as needed. 

 

Travel 

Travel is primarily local during the business day, although some out‐of‐area and overnight travel may be expected. 

 

Preferred Education and Experience 

Experience in problem resolution, ability to set and achieve goals, results‐driven attitude, communication skills, organizational skills, attention to detail, and advanced computer skills. 

Minimum 

Equivalent combinations of experience, training and/or education approved by Human Resources 

 

This description is intended to be generic in nature. It is not intended to determine all specific duties and responsibilities of any particular position. Essential functions and overtime eligibility may vary on the specific tasks assigned to the position. 

 

Other Duties 

Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time, with or without notice.