What are the responsibilities and job description for the Loan Processor position at First Security Bank, Byron?
Position Overview
First Security Bank is seeking a highly organized and detail-oriented Loan Processor to support our lending team through all stages of the loan process, with a strong focus on loan documentation, post-closing review, loan servicing support, and ongoing loan file maintenance.
This position plays a critical role in ensuring loan files are accurate, complete, and compliant with bank policies and regulatory requirements. The ideal candidate will thrive in a collaborative community banking environment and demonstrate strong organizational, communication, and problem-solving skills.
What You’ll Do
- Generate and prepare required loan closing documents for lenders
- Prepare, process, and reconcile initial loan advances, including closing costs and disbursements
- Perform closed loan file reviews to ensure documentation is complete, accurate, and legible within the bank’s imaging software
- Track and request annual financial documentation from customers in accordance with loan policy requirements
- Monitor and maintain ticklers
- Generate and mail past due and loan maturity notices
- Generate, review, and mail loan statements
- Prepare monthly new loan reports for review with Loan Compliance Management
- Assist lenders with document delivery and electronic signature processing
- Maintain and update the loan exception log and provide monthly reporting to Loan Compliance Management
- Generate monthly loan reports for review with Loan Compliance Management
- Apply loan payments and assist with troubleshooting customer loan questions and concerns
- Provide operational and administrative support to the Secondary Market Home Loan Officer
- Support lenders and lending staff with additional administrative and operational tasks as needed
Qualifications
- High school diploma or equivalent required; additional banking, business, or finance education preferred
- Previous banking, loan processing, loan servicing, or lending support experience preferred
- Strong attention to detail with a high level of accuracy
- Ability to prioritize tasks and manage multiple deadlines efficiently
- Excellent communication and customer service skills
- Proficiency in Microsoft Office and ability to learn banking software systems
- Understanding of loan documentation, compliance requirements, and loan operations preferred
Why First Security Bank?
At First Security Bank, we take pride in being a locally owned community bank with a long-standing tradition of personalized service. You’ll have the opportunity to build meaningful relationships, make an impact, and be part of a team that truly cares about both customers and each other.
First Security Bank is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, ethnicity, gender, sexual orientation, gender identity, national origin, veteran status, or disability.
How to Apply
Please email your resume to Nicole Lesan at nicolel@fsbbyron.com. We look forward to hearing from you!
Pay: $24.00 - $28.00 per hour
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
Work Location: In person
Salary : $24 - $28