What are the responsibilities and job description for the Loan Processor position at HomeTown Bank Minnesota?
At HomeTown Bank, our vision is to be the bank our customers love! We inspire happiness through experience, talent, and community involvement. Join our team and help make a difference in the lives of our customers and the community.
Role Overview
As a Loan Processor, you’ll provide vital support to Lenders by coordinating the credit approval process, compiling loan data, and managing borrower and property information. This role requires attention to detail and the ability to handle customer inquiries while ensuring compliance with loan policies.
Key Responsibilities
- Compile, review, and process loan applications, ensuring that all required borrower and property information is accurate and complete for approval.
- Track, monitor, and maintain the loan portfolio, addressing documentation exceptions, compliance issues, pricing, and delinquencies.
- Oversee the accurate booking of loans and ensure the ongoing maintenance of files and records.
- Answer inquiries and solve problems across various departments, ensuring a seamless experience for both customers and bank staff.
- Prepare, update, and distribute key loan reports, including tickler reports, default reports, and loan performance metrics.
- Attend and take detailed notes during Loan Committee meetings, distributing reports and follow-up actions to relevant staff members.
- Ensure all loan documents meet regulatory standards and bank policies and monitor the loan portfolio for ongoing compliance.
- Provide support to bank customers by addressing loan-related inquiries and offering assistance with account management, documentation, and general customer service needs.
Qualifications
- 2 years of banking and lending experience
- Strong organizational skills and attention to detail
- Proficient in loan processing systems (Encompass) and Microsoft Office Suite
- Ability to manage multiple tasks and meet deadlines
Pay: $23.00 – $30.00 an hour
Why Work with Us?
- Competitive salary and benefits
- Growth opportunities in a supportive, community-focused workplace
- Make an impact within the community
If you’re passionate about making an impact in the community and want to work with a fun, dedicated team, apply today!
HomeTown Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to: race, color, religion, sex, national origin, age, pregnancy (including childbirth, lactation and related medical conditions), mental or physical disability, and veteran status or any other classifications protected by federal, state or local law.
Salary : $23 - $30