What are the responsibilities and job description for the Commercial Loan Processor position at FIRST BANK AND TRUST COMPANY?
The First Bank and Trust Company is hiring a Commercial Loan Processor to support our Commercial Loan Officers in Waynesboro, Virginia. The individual will process commercial loans which will include obtaining information from customers, composing correspondence, organizing files and maintaining and scanning the commercial loan files. This position requires a variety of banking experience and abilities to implement, manage, and monitor all necessary procedures and other tasks assigned.
If you are organized, detail-oriented, and enjoy building relationships then we want to tell you more about the Commercial Loan Processor position.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Support the Commercial Loan Officers.
- Communicates directly with commercial loan customers to obtain the necessary information to get the loan completed.
- Maintains confidentiality in all aspects of customer and company information.
- Performs general clerical duties, including but not limited to mailing, filings, copying and faxing.
- Composition of correspondence and organization and maintenance of commercial file system.
- Assistance to loan officer in preparing loan packages and loan commitment letters including obtaining credit reports and order appraisals.
- Creates and maintains organized loan files, to include filing and scanning of applicable loan documents
- Create, generate, and modify all proper loan documents completely pre-closing and post-closing correctly with quality as best as possible.
- Coordinates loan closings.
- Interact with customers to ensure that the loan process runs smoothly.
- Process declined and withdrawn loan files.
- Assist lender with past due loans and generate past due letters and documents.
- File and distribute organization and loan correspondence, records, and reports to proper file location.
- Prepare responses to correspondence containing routine inquiries and payoffs.
- Generate wire transfer documentation and process.
- Prepare correspondence and handle customer inquiries and provide information including resolving loan payment/billing questions and payoffs.
- Communicate and process payoffs including release of UCC filings and Certificates of Satisfaction.
- Track and monitor loan exceptions and rectify.
- Refer customers to bank area for information regarding other bank products.
- Perform other duties as assigned by commercial loan officers.
To learn more about this position and career opportunities at First Bank and Trust, then go to www.firstbank.com - Our Company - Careers.
MINIMUM EDUCATION AND SKILLS:
- Associates' degree in Accounting, Finance, Economics, Business Administration, or a related field.
- Minimum of 3 years of experience in loan processing or related banking field.
- Working knowledge of Excel, and Word.
- Excellent communication skills, both written and verbal.
- Communicate effectively and conformable engaging with clients.
- Math, analytical, and accounting skills.
BENEFITS:
- PTO Leave is 20 days per year earned on a monthly basis.
- First Bank and Trust recognizes11 paid holidays, when the holidays occur during the work week.
- Medical, Dental and Vision Insurance starts the 1st day of the month after hire date.
- Employees are automatically enrolled in the bank's 401K/ESOP Plan.
- First Bank and Trust provides basic life insurance coverage equal to two times an employees' base salary.
- First Bank and Trust provides long-term disability insurance coverage.
The First Bank and Trust five core values are (1) High Quality Customer Service (2) Motivated Employees (3) Profits (4) Honesty and (5) Enjoyment
First Bank and Trust is an Equal Opportunity Employer EOE/AA/M/F/Disabled/Veteran