What are the responsibilities and job description for the Commercial Loan Processor position at First Federal Savings Bank Illinois?
First Federal Savings Bank is hiring a Commercial Loan Processor! We are seeking a candidate to fill a full-time position in our Commercial Loan Department. This position is responsible for the organization and production of commercial loan documentation necessary for all commercial loans origination by First Federal Savings Bank.
Why You Should Join the First Federal Team:
- Personalized training
- On-site position with great work hours
- No nights or weekends
- Jean Fridays with First Federal polo provided.
- Employee Wellness program
Responsibilities include:
- Working closely with commercial loan officers, credit analysts, and borrowers to effectively and efficiently service commercial loan customers.
- Preparing all necessary documents for the loan closing package and coordinating closing with the closing agent.
- Boarding closed loans and processing file maintenance on our core system.
- Tracking and processing post-closing tasks.
- Ensuring all loan files are complete and accurate.
- Preparing monthly department reports.
- Assisting in tracking and compliance of borrower loan covenants.
- Filing and monitoring collateral documentation with appropriate government agencies.
- Processing and monitoring commercial lines of credits.
- Tracking collateral insurance as needed.
- Ordering, tracking, and distributing all real property appraisals, loan title commitments and title policies.
- Assisting with the annual review processes such as sending and tracking financial data requests, and property inspection reports.
- Assisting with monitoring and distributing maturity notices.
- Maintaining a working knowledge of First Federal's loan policies and applicable federal regulations.
- Filing various documents in a timely manner.
- Other miscellaneous loan tasks and special projects assigned.
This position reports to VP - Commercial Lending.
Knowledge, Skills, and Abilities we are looking for:
- Strong customer service skills
- Self-motivated and well organized
- Knowledge of Word and Excel programs
- Prior experience in loans is a plus, but willing to train the right candidate.
Benefits:
- The hourly pay range is $18.00 - $20.00 per hour.
- Comprehensive benefit package includes medical, dental, vision and life insurance, AD&D, long-term disability.
- 401k plan with employer matching
- Paid time off including vacation, sick, holiday, birthday, and work anniversary.
If you are looking to join a small team with a positive and collaborative environment, apply today!
First Federal Savings Bank is an Equal Opportunity Employer. Submission of an application or resume is not a guarantee of employment.
Salary : $18 - $20
