Commercial Loan Processor

Banterra Bank; Evansville (IN); On-site; USD 44,000 - 56,000; Full time

Benefits offered by this job

401(k) plan

Tuition assistance

Paid time off

Job summary

Banterra Bank in Evansville, IN, is seeking a detail‑oriented loan operations professional to manage document collection, review, and analysis for commercial loan closings. You will assemble files, track third‑party reports, and assist portfolio managers through pre‑funding conditions and funding.

The role requires strong organizational skills, attention to deadlines, and the ability to ensure compliance with lending regulations.

Qualifications

• High school diploma or equivalent; one year banking experience.
• Five years’ experience in commercial real estate lending or loan brokerage supporting Credit, Processing and/or origination.

Responsibilities

• Prepare loan documents for closing of commercial loans (C&I, CRE, commercial construction) and related notices.
• Coordinate settlement statements and disbursement of loan proceeds.
• Order and track third‑party reports (appraisals, titles, environmental site assessments) and ensure timely receipt.
• Assist Portfolio Managers in clearing pre‑funding conditions and finalizing loan closings.
• Ensure compliance with bank policies and regulations and monitor loan file status.

Skills

Organizational skills

Attention to detail

Time management

Communication skills

Education

High school diploma or equivalent

5 years CRE lending experience

Tools

Lending software

Job description

• Pay or shift range: $21.35 USD to $26.69 USD
  The listed range is the estimated amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.
• Travel Required : No

Description

Pay Range: $21.35 USD to $26.69 USD

Summary: Responsible for document collection, review and analysis and providing service and assistance to Loan Officers and Portfolio Managers. Assemble loan files, develop needs lists, engage and track orders for third party reports, assist Portfolio Managers in clearing pre-funding conditions, coordinating closings, disbursing loan proceeds and funding loans.

Responsibilities: include but are not limited to the following. Other duties may be assigned.

• Work with Loan Officer in preparing loan documents for closing of commercial loans, but not limited to C&I, Commercial Real Estate and Commercial Construction loans, assuring the completeness of the documents and their compliance with applicable regulations. Prepare various documents such as loan, collateral and disclosure forms including documentation for installment loans. Prepare loan documents, notices and periodic loan reports.
• Follow up with Loan Officers and Portfolio Managers as required for loan file completion and resolve documentation exceptions with a sense of urgency.
• Order and track appraisals, environmental site assessments, physical inspection reports, preliminary title reports and other third‑party reports to ensure timely receipt.
• Assist Portfolio Managers in clearing pre‑funding conditions.
• Provide files to the funding desk for pre‑funding approval.
• Coordinate final preparation of loan documents and closing procedures with title officers and closing attorneys.
• Review construction budget and construction approval provided by Portfolio Manager and ensure the correct construction escrow amount is being used on settlement statement.
• Coordinate settlement statements with title and verify cash to close requirements.
• Coordinate pre‑closing file reviews and facilitate approvals to close. Prepare write instructions and coordinate disbursement of loan proceeds.
• Receive and audit executed closing documents.
• Follow up as required to obtain title insurance policies, recorded mortgage and other security instruments and other post‑closing documents. Monitor expiration dates of financial statements and insurance coverage for loan files.
• Prepare loan boarding input documents for servicing.
• Transmit completed and original files to Credit Administration.
• Assist Loan Officers and Portfolio Managers in developing loan packages or materials for presentation to other Loan Officers or the Loan Committee.
• Respond to customer inquiries regarding customer loan information.
• Ensure compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
• Keep informed of industry trends.

All employees are expected to protect the information and assets of the organization through heightened awareness of information security, cyber security, and risk management best practices, as well as complying with all applicable laws, regulations, and organizational policies.

Qualifications and Skills: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education/Experience:

• High school diploma or equivalent and one year of banking experience.
• Five years’ experience in a commercial real estate lending or loan brokerage firm supporting Credit, Processing and/or origination.

Knowledge/Skills/Abilities:

• Strong organizational skills and attention to detail.
• Ability to prioritize and meet deadlines.
• Ability to think critically and use good, sound judgment in decision making.
• Ability to respond to common inquiries or complaints from customers, co‑workers or vendors and regulatory agencies.
• Ability to write routine correspondence and communicate effectively and tactfully, orally and in writing with employees, customers, vendors and management.
• Ability to define problems, collect data, establish facts and draw valid conclusions.
• Must understand and comply with company policies and procedures.
• Ability to deal with several abstract or concrete variables simultaneously.
• Ability to oversee goals and projects and ensure they are completed in a timely manner.
• Ability to maintain a friendly, helpful and courteous attitude when working with customers or co‑workers under diverse conditions.
• Ability to accurately and quickly complete standard mathematical calculations.
• Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
• Ability to use a calculator, computer and applicable software programs including various lending programs.

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must have the ability to lift and carry 25 pounds for a distance of 50 feet.

Benefits: We are committed to fostering a workplace where every team member feels valued, supported, and empowered to grow. Our comprehensive benefits package is designed to promote well‑being and professional development. Team members have access to paid time off, medical, dental, vision, and life insurance, a 401(k) plan, tuition assistance, and additional resources that encourage career advancement, including approved company‑paid training.

NOTE

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job‑related instructions and to perform any other job‑related duties requested by any person authorized to give instructions or assignments.

All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently.

Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others.

The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

The company is an Equal Opportunity Employer, drug‑free workplace, and complies with ADA regulations and other laws/regulations as applicable.

Travel Required

No .

Qualifications

Education

Required

High School or better.

Experience

Required

5 years:

Five years’ experience in a commercial real estate lending or loan brokerage firm supporting Credit, Processing and/or origination.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.