2608-4 Loan Processor - Collierville, TN

Tnbankers; Collierville (TN); On-site; USD 42,000 - 64,000; Full time

Job summary

Tnbankers in Collierville, TN seeks a Loan Processor responsible for preparing complete, accurate loan documentation for closings in line with internal policies and regulatory requirements.

Responsibilities include processing all loan types, obtaining documentation, coordinating closings, and ensuring compliance. Strong attention to detail and ability to handle multiple priorities in a team setting are essential.

Qualifications

• 3-5 years of loan processing or related banking field.
• Knowledge of loan documentation requirements and closing documentation.
• Familiarity with regulatory requirements affecting lending operations (TRID, HMDA, flood regulations, Reg B).

Responsibilities

• Prepare and process all bank loan types.
• Disclose properly within stated regulatory guidelines.
• Order and track supporting documentation (flood certs, UCC searches, payoffs).
• Coordinate loan closing with lender, borrower, attorneys, and others.
• Review loan package with lender prior to closing.
• Maintain knowledge of bank policies and applicable laws.

Skills

Loan documentation

Collateral documentation

Regulatory requirements (TRID HMDA Reg

Disclosures under guidelines

Communication skills

Attention to detail

Time management

Team collaboration

Learn bank software

Loan origination systems

Education

High school diploma or equivalent

Associate or bachelor’s degree preferred

Tools

Loan origination systems

Job description

2608-4 Loan Processor - Collierville, TN

Loan Processor - Collierville, TN

The Loan Processor is responsible for the preparation of complete, accurate loan documentation for closings. This role ensures all required information is obtained, verified, and organized in accordance with internal lending policies and regulatory requirements. The Loan Processor reports directly to the Loan Processing Manager.

Responsibilities

• Prepare and process all bank loan types
• Disclose properly within stated regulatory guidelines.
• Order and track all supporting documentation, including but not limited to:
• Flood certifications
• UCC Searches
• Payoffs
• Coordinate loan closing with Lender, Borrower, Attorneys, and other necessary parties
• Process loan documents according to Bank Loan Policy. Review loan package with Lender prior to closing.
• Identify professional development opportunities and provide consistent performance feedback.
• Build and maintain positive working relationships with internal and external business partners
• Maintain knowledge of and compliance with bank policies, procedures, and all applicable laws and regulations.
• Demonstrate and communicate the Bank’s commitment to a culture of professionalism, compliance, high ethical standards, integrity, and respect.

Qualifications

• High school diploma or equivalent required; associate or bachelor’s degree preferred.
• 3-5 years of experience in loan processing or related banking field.

Required Skills

• Strong understanding of loan documentation requirements, including title work, appraisals, insurance, and closing documentation.
• Knowledge of collateral documentation such as deeds of trust, UCC filings, title work and related requirements.
• Familiarity with regulatory requirements impacting lending operations (TRID, HMDA, flood insurance regulations, Reg B, etc.)
• Strong knowledge of bank policies, procedures and practices and applicable laws and regulations.
• Ability to identify potential risk or documentation deficiencies and elevate concerns appropriately.
• Strong analytic, critical thinking, and problem-solving skills, with a high level of attention to detail.
• Excellent communication and interpersonal skills
  • Professional verbal communication skills, both in person and via telephone.
  • Attentive and active listening skills.
  • Strong writing skills, demonstrating clarity and accuracy in vocabulary, grammar, spelling, and punctuation in all written correspondence and documentation.
• Ability to maintain strict confidentiality and handle sensitive financial information.
• Proven time management and organizational skills; able to effectively handle multiple priorities while maintaining a commitment to accuracy and timeliness.
• Excels in a team environment, with the ability to build and maintain professional working relationships.
• Ability to effectively and efficiently learn all necessary Bank software, systems, and platforms.
• Proficiency with operating/navigating loan origination systems and documentation preparation platforms.