Commercial Loan Processor

Financial Staffing LLC; Tulsa (OK); On-site; USD 42,000 - 62,000; Full time

Job summary

Financial Staffing LLC in Tulsa, OK is seeking a Commercial/Consumer Loan Processor to support banking operations by processing commercial and consumer loans in compliance with the bank’s policy and regulatory requirements.

The role involves completing loan documents with Laser Pro and Decision Pro, ordering title work, appraisals, credit reports, and coordinating closings to ensure timely funding while monitoring for red flags and regulatory changes.

Qualifications

• Bachelor’s degree in finance, accounting or other business-related fields preferred.
• 3-5 years of loan processing experience.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communications skills.
• Ability to work independently and as part of a team.

Responsibilities

• Processes and prepares loan documents for commercial, consumer, and real estate loans using Laser Pro and Decision Pro.
• Orders real estate title work, flood certificates, and credit reports.
• Orders appraisal and appraisal reviews as necessary.
• Reviews attorney prepared loan documents for accuracy prior to closing and funding.
• Reviews transactions for loan policy exceptions and regulatory compliance.

Skills

Analytical skills

Written communication

Verbal communication

Teamwork

Education

Bachelor’s degree in finance or business

Tools

Laser Pro

Decision Pro

Job description

Commercial / Consumer Loan Processor - Tulsa

SUMMARY

A Loan Processor processes commercial and consumer loans ensuring compliance with the Bank’s loan policy and all regulatory requirements.

PRIMARY RESPONSIBILITIES

• Processes and prepares loan documents for commercial, consumer, and real estate loans using Laser Pro and Decision Pro.
• Orders real estate title work, real estate flood certificates, and credit reports.
• Orders Appraisal and Appraisal Reviews as necessary.
• Reviews attorney prepared loan documents for accuracy prior to loans closing and funding.
• Reviews transactions for loan policy exceptions and ensures adherence to regulatory requirements prior to producing documents.
• Coordinates with title companies for real estate closings.
• Initiates all funding entries for loan disbursements.
• Performs review of UCC/EFS searches and completes all necessary UCC/EFS filings.
• Completes filing of mortgages and deed of trusts.
• Completes filing of bank lien for titled collateral.
• Uploads and scans closed loans to core and fund.
• Recognizes red flags, scams, fraud, phishing, etc.
• Stays current on applicable banking regulations and security procedures and practices to prevent fraud or other bank losses and to comply with regulatory requirements.
• Performs responsibilities during Bank hours by being physically present in the Bank an average of 40 hours each week based on business needs.
• Travels between branches as needed.
• Performs other responsibilities as assigned by management.

QUALIFICATIONS

• Education: Bachelor’s degree in finance, accounting or other business-related fields (preferred).
• Experience: 3-5 years of loan processing experience.
• Thorough knowledge and understanding of loan processing.
• Valid driver's license, proof of insurance, qualifying motor vehicle record report, and reliable transportation.
• High level of professionalism and integrity.
• Flexible, adaptable, and willingness to continuously learn.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communications skills.
• Ability to work both independently and as part of a team.
• Exceptional organizational skills, with the abilityto prioritize and execute multipletasks and projects simultaneously.
• Strong work ethic and attention to detail.