Commercial Loan Closer

FCB Banks; Collinsville (IL); On-site; USD 28,000 - 36,000; Full time

Benefits offered by this job

Competitive pay

Health insurance

401(k) with company match

Paid time off

Parental leave

Life insurance

Disability insurance

Flexible Spending Accounts

Employee assistance

Job summary

FCB Banks in Collinsville, IL is seeking a detail-oriented Commercial Loan Processor to handle new and renewed commercial installment loans and commercial real estate loans. You will prepare and review loan documents, ensure compliance, and support loan closing activities.

Applicants should have a high school diploma (associate or bachelor's preferred), 1–3 years banking and loan processing experience, and strong organizational and communication skills to thrive in a fast-paced environment.

Qualifications

• High School diploma, GED or equivalent.
• Associate or bachelor’s Degree in relevant field (preferred).
• 1–3 years banking experience (preferred).
• 1–3 years loan processing experience (preferred).

Responsibilities

• Produces accurate loan and funding documents through an automated documentation system.
• Review documents for quality and regulatory requirements.
• Reviews files to certify that all loan policy and procedures are being met.
• Reviews title work for any requirements or issues that need to be addressed.
• Reviews homeowners and flood insurance for acceptability.
• Reports and reviews accuracy of HMDA and CRA data.
• Performs quality control reviews on co-workers closing files.
• Performs departmental duties as required to maintain adequate workflow.
• Performs other tasks, functions or other projects as assigned.

Skills

Communication

Time management

Detail-oriented

Teamwork

Banking regulations

Loan documentation

Regulatory knowledge

Multi-tasking

Under pressure

Education

High School diploma or equivalent

Associate or bachelor’s degree (preferred)

1–3 years banking experience (preferred)

1–3 years loan processing experience (preferred)

Tools

None

Job description

grow your career while making a difference in your community

Join our team and be part of something meaningful — a legacy of service, growth, and community connection that makes a difference every day.

Benefits and Perks

• Competitive Compensation: Fair pay with regular reviews and performance-based incentives.
• Health & Wellness: Comprehensive medical, dental, and vision coverage.
• Financial Security: 401(k) with company match, employee banking benefits, and financial wellness resources.
• Work-Life Balance: Paid time off and personal time.

Career path options

early careers

We offer a variety of entry-level roles and structured development programs across key business areas that are designed are designed to help students, graduates, and early professionals build a strong foundation for a successful career in banking and financial services.

experienced professionals

We value the expertise and leadership that experienced professionals contribute to our organization. Whether you are an industry veteran or seeking to transition your skills into financial services, our diverse business areas provide opportunities to make a meaningful impact, drive innovation, and help shape the future of banking.

717 Vandalia St., Collinsville, IL 62234

Reports To: Commercial Loan Supervisor

ABOUT US: FCB Banks has been family owned and managed for more than three generations. Our original banks opened in New Baden and Albers in 1901 and customers quickly associated FCB with quality service, competitive rates, and personal customer care. These qualities became the pillars of our business when First Collinsville Bank opened in 1990 and we began expanding throughout the area. We streamlined and simplified banking operations and officially changed our name to FCB Banks in 2017. Today we have seventeen locations in sixteen wonderful towns serving customers in Illinois and Missouri. We pride ourselves on being locally owned and operated as well as a valued part of the community. Since 1901 our goal at FCB Banks has always been to provide exceptional service to our valued customers.

JOB SUMMARY: Processes new and renewed commercial installment loans and commercial real estate loans.

ESSENTIAL JOB DUTIES:

• Produces accurate loan and funding documents through an automated documentation system.
• Review documents for quality and regulatory requirements.
• Reviews files to certify that all loan policy and procedures are being met.
• Reviews title work for any requirements or issues that need to be addressed.
• Reviews homeowners and flood insurance for acceptability.
• Reports and reviews accuracy of HMDA and CRA data
• Performs quality control reviews on co-workers closing files.
• Performs departmental duties as required to maintain adequate workflow.
• Performs other tasks, functions or other projects as assigned.

TECHNICAL SKILLS NEEDED:

• Communication skills: oral, written and listening
• Organized and possess the ability to manage time and meet deadlines
• Methodical, accurate and detail-oriented
• Teamwork – contributes to building a positive team spirit
• Working understanding of the banking industry, regulations, policies and best practices
• Working knowledge of bank products and services, commercial loan documentation and regulatory requirements
• Quick learner, adaptable and effective at managing and prioritizing multiple tasks
• Ability to work under pressure

QUALIFICATIONS

• High School diploma, GED or equivalent
• Associate or bachelor’s Degree in relevant field (preferred)
• 1 – 3 years banking experience (preferred)
• 1 – 3 years loan processing experience (preferred)

WORKING CONDITIONS:

• Constantly uses standard office equipment such as computers, phones, photocopiers, filing cabinets, calculators and fax machines.
• Availability to work during core banking hours (i.e. Monday – Friday 8:00 am – 5:00 pm). Additional hours may be required, including evenings and weekends.
• Occasionally requires local travel including offsite training, meetings.
• While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, use hands to handle or feel, and reach with hands and arms. The employee regularly is required to lift up to 15 lbs. and occasionally required to lift up to 25 lbs.
• Ability to multi-task, work in a fast-paced, changing environment and maintain a commitment to accuracy and timeliness.
• Ability to follow policies, procedures and written instructions, as well as verbal instructions or directions from their supervisor.
• Regularly remains in a stationary position.
• Ability to maintain confidentiality.

BENEFITS:

• $20.00 - $26.00 per hour, eligible for performance-based bonuses and incentives
• Group Life Insurance 1x annual salary, 100% paid by the bank
• Long-Term Disability insurance, 25% paid by the bank
• Voluntary Life Insurance and Accidental Death and Dismemberment Insurance
• Flexible Spending Account (FSA) and Dependent Care Flexible Spending Account (DCFSA)
• Employee Assistance Program, Travel Assistance and Life Services Tool Kit
• Paid time off including Vacation, Personal and Sick leave
• Partially paid Parental Leave for eligible employees
• 401(k) with company match for eligible employees

DISCLAIMER: The employee must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities.

FCB Banks retains the right to change or assign other duties to this position.

Equal access to programs, services and employment opportunities is available to all persons without regard to age, ancestry, citizenship, status, color, physical or mental disability, genetic information, marital status, military status, national origin, race, religion, sex (including pregnancy), sexual orientation, or any other basis protected by federal, state, and/or local law.

In accordance with the Americans with Disabilities Act and/or applicable state and local laws, applicants requiring reasonable accommodations for the application and/or interview process should notify the FCB Human Resources Department. Examples of reasonable accommodations include making a change to the application process; providing written materials in an alternate format such as braille, large print, or audio recording; using a sign language interpreter; using specialized equipment; or modifying testing conditions.

Applicants have rights under Federal Employment Laws

Equal Employment Opportunity Poster

Equal Employment Opportunity Supplement

Family and Medical Leave Act (FMLA)

Employee Polygraph Protection Act

Equal Employment Opportunity & Federal Contractor Notice

FCB Banks is an Equal Opportunity Employer and federal contractor. FCB does not make unlawful employment decisions on the basis of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, protected veteran status, or any other status protected by applicable federal, state, and/or local law. As required by applicable law, FCB Banks takes affirmative action to employ and advance in employment qualified individuals with disabilities and protected veterans under Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA). FCB Banks will not discharge or otherwise discriminate against employees or applicants for inquiring about, discussing, or disclosing their own pay or the pay of another employee or applicant. Reasonable accommodations are available for qualified individuals with disabilities and disabled veterans throughout the application and hiring process; applicants requiring assistance may contact HR at 618-346-9000 or [e-mail] .