Commercial Loan Processor — Growth & Excellent Benefits

Westmark Credit Union; Idaho Falls (ID); On-site; USD 42,000 - 64,000; Full time

Benefits offered by this job

Paid Time Off

Health insurance

401k with company match

Tuition Reimbursement

Employee Assistance Program

Job summary

Westmark Credit Union is seeking a Commercial Loan Documents Processor to prepare loan documents, assist with booking commercial loans, and organize borrower paperwork for accurate funding.

You will review documents, input loan information into lending systems, process disbursements, handle draw requests, and maintain meticulous records of loan activity. Strong attention to detail and communication are essential.

Qualifications

• Proficiency in Microsoft Word and Excel required.
• Strong attention to detail and organizational skills.
• Effective oral and written communication abilities.

Responsibilities

• Serve as the first point of contact by answering department phones, taking messages, and ensuring prompt follow-up on commercial loan inquiries.
• Review commercial and construction loan documents prior to closings to confirm all required documents are prepared for valid funding.
• Input loan information into the commercial lending systems to assist Commercial Loan Officers efficiently.
• Process commercial and construction loan disbursements through ACH deposits, wires, or cashier’s checks, ensuring accuracy and compliance.
• Handle incoming draw requests on commercial lines of credit, verifying sufficient documentation is available for final approval by a Commercial Loan Officer.
• Maintain accurate records for all active commercial and consumer-side residential construction loans, including proper draw requests, inventory inspection reports, lien waivers, indemnity agreements, and funding receipts.
• Scan and organize tax returns, financial statements, and other loan documents into the commercial lending systems or imaging systems as directed by Commercial Loan Officers.
• Participate in external events aligned with the business lending mission as assigned.
• Perform additional duties as directed by the VP of Commercial Lending.

Skills

Microsoft Word

Microsoft Excel

Attention to detail

Organizational skills

Communication skills

Education

High School Diploma or equivalent

Job description

Westmark Credit Union is seeking a Commercial Loan Documents Processor to prepare loan documents, assist with booking commercial loans, and organize borrower paperwork for accurate funding.

You will review documents, input loan information into lending systems, process disbursements, handle draw requests, and maintain meticulous records of loan activity. Strong attention to detail and communication are essential.