What are the responsibilities and job description for the Loan Processor position at Midwest Bank?
Join Our Team as a Loan Processor!
Are you detail-oriented, organized, and passionate about supporting a team that helps customers achieve their financial goals? Join our team as a Loan Processor and play a vital role in ensuring smooth and accurate loan operations.
What You’ll Do:
- Process personal and commercial loan documentation with precision and timeliness.
- Enter and review loan data in banking systems (Compliance One and Premier).
- Verify loan approvals and commitments, ensuring compliance with bank policies.
- Obtain and manage underwriting documents, credit reports, lien positions, and tax information.
- Maintain virtual loan files and ensure completeness of scanned documentation.
- Handle escrow accounts, including insurance and tax payments, disclosures, and payouts.
- Prepare denials, modifications, and amendments as needed.
- Collaborate with Loan Processing Administrator and Compliance Officer to ensure accuracy and compliance.
- Communicate professionally with customers and team members while safeguarding confidential information.
What We’re Looking For:
- Strong attention to detail and ability to prioritize tasks.
- Excellent computer skills; banking software experience is a plus.
- Effective communication and teamwork skills.
- Ability to manage time and meet deadlines.
- Commitment to confidentiality and ethical standards.
- A team player with a positive attitude and a commitment to confidentiality.
- Familiarity with compliance requirements and industry best practices.
Relationships:
- Responsible to the Loan Processing Manager for the fulfillment of functions and job responsibilities.
- Will have extensive contact with customers, the public and the community and is to conduct relationships in a manner that will enhance the overall image and reputation of the bank.
Why work for us?
We offer an excellent benefits package including:
- Health, Dental & Vision Insurance
- 401(k) & Profit Sharing
- Paid Holidays
- Wellness Benefits
- Paid Vacation & Sick Time
If you’re ready to contribute to a team that values accuracy, efficiency, and customer service, apply today!
Midwest Bank is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.
Salary : $47,433 - $62,166