Commercial Loan Processor – Job # 3812-7260

Symicor Group; Houston (TX); On-site; USD 68,000 - 83,000; Full time

Benefits offered by this job

Full benefits package

Job summary

Symicor Group is seeking a Commercial Loan Processor in the Houston area to manage the preparation and accuracy of commercial loan packages using bank systems and procedures. The role involves processing loan products, ensuring complete documentation, and coordinating with loan officers for timely closings.

The position offers a salary up to $75K with a full benefits package and is not remote. Candidates should have 2+ years in loan document processing and strong accuracy in data entry.

Qualifications

• Two or more years of experience in commercial loan document preparation and/or document processing.
• Ability to prioritize work on complex loan transactions to meet scheduled loan closing dates.
• Knowledge of compliance requirements for commercial borrowers.
• Knowledge of state and federal lending and compliance laws and bank policies.
• Highly accurate data entry and proficiency with common PC applications.

Responsibilities

• Process commercial loan requests for both new and renewal loans using prescribed procedures and software.
• Prepare loan documents including Promissory Note, Business Loan Agreement, Construction Loan Agreement, and related items.
• Review loan profiles to confirm authority and ensure completeness of underwriting documentation.
• Obtain additional documentation such as liens, title work, and appraisal when needed.
• Balance transactions and prepare general ledger tickets and cashier’s checks.
• Prepare wire forms, wire tickets, and authorize wires for loan proceeds.
• Handle post-closing duties and coordinate with title company when required.
• Support loan operations tasks as needed.

Skills

Attention to detail

Time management

Communication

Teamwork

Confidentiality

Prioritization

Data entry

Education

High School Diploma or equivalent

Two-year degree preferred

Tools

LaserPro

Excel

Word

PowerPoint

Job description

Commercial Loan Processor – To $75K – Houston, TX – Job # 3812-7260

The Position:

Our bank client is seeking to fill a Commercial Loan Processor role located in the Houston, TX area. The position is responsible for the preparation, accuracy, and completeness of commercial loan packages, using the Bank’s documentation system and procedures. The candidate will be processing and preparing commercial loan products, as assigned.

The opportunity has a generous salary of up to $75K and a full benefits package. (This is not a remote position.)

Commercial Loan Processor responsibilities include:

• Processing commercial loan requests for both new and renewal loans using prescribed procedures and software.
• Preparing all necessary loan documents including Promissory Note, Business Loan Agreement, Construction Loan Agreement, Disbursement Request and Authorization, Resolutions, and Loan Checklist using information from the loan application, profile, and title policy.
• Confirming loan approval authority as defined by bank policy; review and obtain an understanding of the loan transaction from the Loan Profile.
• Determining that initial underwriting documentation is present according to the approval document.
• Reviewing credit files and determining additional documentation needs to support underwriting requirements, such as entity papers, credit reports, purchase contracts, lien searches, title work, appraisal or evaluation, environmental questionnaire, survey, life insurance, and property liability insurance.
• Ordering supporting documentation from approved vendors and working with loan officers or customers as needed.
• Renewal loan processing includes entering the loan into loan software and working with the servicing loan officer to move the approved credit to close.
• Communicating results of documentation review and any processing issues to the loan officer on a timely basis.
• Balancing transactions and preparing all general ledger tickets and cashier’s checks for disbursement.
• Preparing wire forms, wire tickets, and authorizing wires for loan proceeds.
• Processing loan file post-closing, including preparation and delivery of instruction letter and the closing packet to the title company if needed.
• Assisting with additional loan operation roles, as requested or necessary.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• High School Diploma or equivalent required; two (2) year degree or higher preferred.
• Two or more years of experience in commercial loan document preparation and/or document processing.
• Understanding of the required documentation for commercial term loans and lines of credit and the associated collateral documentation.
• Ability to prioritize work on complex loan transactions to meet scheduled loan closing dates.
• Knowledge of compliance requirements for commercial borrowers.
• Knowledge of related state and federal lending and compliance laws and regulations, and other Bank lending policies.
• Highly accurate data entry skills and a strong level of skill working with a variety of PC and internet applications, including LaserPro, Excel, Word, and PowerPoint, and the ability to navigate key industry-specific Internet sites.
• Strong multi-tasking, time management, thoroughness, and accuracy skills required.
• Solid communication and organizational skills with a focus on teamwork and cooperation.
• A high level of confidentiality is required.
• Ability to work under deadlines with frequent interruption.