Full-Time Loan Processor: Streamlined Lending & Compliance

CorTrust Bank; Sioux Falls (SD); On-site; USD 42,000 - 62,000; Full time

Benefits offered by this job

401k with employer match

Employee Stock Ownership Plan

insurance coverage options

paid time off

incentive eligibility

service awards

community service opportunities

Employee Assistance Program

stable work environment

Job summary

CorTrust Bank in Sioux Falls, SD is seeking a full-time Loan Processor to support lending operations and customer service. The role involves completing and retaining loan documents, coordinating with vendors, and resolving issues while ensuring compliance with federal banking regulations.

The ideal candidate will assist lenders and clients, manage disclosures, and maintain accurate records. This position offers a stable work environment and opportunities for professional growth within CorTrust

Qualifications

• Must have a combination of education and experience to perform the primary duties with little supervision.
• Able to adapt to system, process, product, and service changes and think critically.
• Demonstrates integrity, personal diplomacy, and respect.

Responsibilities

• Manage loan document completion and retention and accurately process loan payoffs according to Bank procedure.
• Maintain knowledge of the lending process and provide support with credit reporting functions, customer communications, and repayment parameters.
• Process time-sensitive disclosures according to Federal banking regulations and review documents to ensure proper completion and accuracy.
• Work with external vendors to initiate appraisals, valuations, and title transactions and inquiries.
• Process incoming fees and external payments to ensure optimal cash flow throughout the lending process.
• Communicate professionally and courteously with internal and external clients and adhere to phone etiquette policies.
• Respond to general and specialized requests to provide guidance and resolve issues.
• Maintain knowledge of regulatory change and complete relevant training to ensure compliance with lending regulations and Bank policies.
• Respond positively to other duties and responsibilities as assigned.

Job description

CorTrust Bank in Sioux Falls, SD is seeking a full-time Loan Processor to support lending operations and customer service. The role involves completing and retaining loan documents, coordinating with vendors, and resolving issues while ensuring compliance with federal banking regulations.

The ideal candidate will assist lenders and clients, manage disclosures, and maintain accurate records. This position offers a stable work environment and opportunities for professional growth within CorTrust