What are the responsibilities and job description for the Small Business Loan Processing Specialist position at Opportunities at Towne?
Process and close all small business in compliance with bank policies and banking regulations.
Essential Responsibilities:
- Process and close loans as assigned.
- Maintain and manage loan processing queue on a daily basis.
- Provide excellent service to our members and loan administration personnel in the field.
- Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
- Other duties as assigned.
Processing Loans:
- Prepare loan documents within approval guidelines.
- Input loans into Laser Pro and/or CSI.
- Prepare attorney’s instructions.
- Prepare loan proceeds checks/wire transfers/general ledger entries.
- Review final loan documentation prior to and subsequent to closing.
- Correct any collateral exceptions in a timely manner.
Minimum Required Skills & Competencies:
- Excellent customer service skills
- Strong organizational skills
- Ability to work independently
- Strong computer skills (Word, Excel)
- Professional telephone skills
- Ability to work under time constraints
- Ability to multitask
- Experience in consumer loan area of banking to include loan documentation and regulations, specifically real estate secured
Desired Skills & Competencies:
- Knowledge of Laser Pro loan documentation software
- Minimum of two years of loan documentation experience for Loan Processing Specialist II.
Physical Requirements:
- Express or exchange ideas by means of the spoken word via email and verbally.
- Exert up to/carry 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
- Vision, hearing, speech, and manual dexterity sufficient to reach/handle items and work with fingers is required.
- Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
- Not substantially exposed to adverse environmental conditions.
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.