Full-Time Senior Loan Processor - Neosho

Neosho Area Chamber of Commerce; Neosho, Northern (MO, KY); Hybrid; USD 48,000 - 62,000; Full time

Job summary

Neosho Area Chamber of Commerce in Neosho, MO seeks a Full-Time Senior Loan Processor to prepare loan documents and coordinate closings, applying policies while using independent judgment.

The role requires attention to detail, data entry accuracy, and ability to liaise with loan officers and customers; familiarity with lending regulations is preferred; occasional travel may be required.

Qualifications

• High school diploma or GED required with additional education/training preferred.
• Two to three years of loan processing experience.
• Knowledge of lending policies and procedures and related regulations.

Responsibilities

• Receive loan folders and review setup sheets and applications; perform data entry to create initial loan docs; contact loan officers or customers with questions.
• Review and proofread documentation for accuracy; prepare legal descriptions; forward documents to underwriters or loan officers for review.
• Ensure compliance and proper signatures; book loans on the core system; maintain confidentiality.

Skills

Loan processing

Data entry

Attention to detail

Customer service

Education

High school diploma/GED

Tools

Loan software

Job description

Full-Time Senior Loan Processor - Neosho

SUMMARY

This position is responsible for preparing documents to initiate and close loans. Work is performed within the framework of standard operating policies and procedures, however, independent judgment and discretion is required in performing assigned tasks. Deviations from normal procedures and/or questions are referred to the supervisor.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Receive loan folder from loan officer; review set-up sheet and loan application; access and print credit information when necessary; perform detailed data entry to create initial loan documentation; contact loan officer and/or customer with questions; print and sort documents; photocopy authorization forms, type envelopes, and assemble mailing with appropriate authorizations, verification forms, and return envelopes; order necessary documentation; print loan processing status sheet, reassemble file, and forward file to loan officer.
• Receive notification of loan closing details and loan file with closing worksheet from loan officer; access loan record corresponding to the request and perform necessary data entry adjustments; proofread all documentation for accuracy and completeness; type and proofread legal description; print and forward completed documentation and loan file to underwriter and/or loan officer for final review prior to loan closing.
• Receive closed loan information back from lender and review loan documentation to ensure it is complete and the proper signatures have been obtained and regulatory compliance requirements have been met. Fill out necessary information for each loan to forward with loan to be booked on the core system.
• Answer telephone, transfer calls, and/or take and transmit messages; greet and screen visitors then direct to appropriate bank personnel; perform general clerical duties.
• Comply with all banking regulations, policies and procedures.
• Confidentiality is required in all phases of employment.

NON-ESSENTIAL DUTIES & RESPONSIBILITIES

• Maintain knowledge of loan system, loan products, documentation and regulations through attendance at job related seminars, conferences and workshops.

SUPERVISORY RESPONSIBILITIES

None.

QUALIFICATIONS

EDUCATION and/or EXPERIENCE

Possess a high school diploma or GED certification, plus additional education and/or training.

Two to three years of loan processing experience.

Knowledge of lending policies and procedures, compliance policies and procedures and disclosure and applicable state and federal regulation. Knowledge of Article 9 of the UCC and real estate laws pertaining to liens.

LANGUAGE SKILLS

Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization. Ability to read, analyze and interpret compliance policies and procedures. Ability to comprehend required components of loan files.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.

REASONING ABILITY

Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.

OTHER SKILLS AND ABILITIES

Must have the ability to operate the following equipment: telephone, 10-key calculator, typewriter, personal computer and printer, copy machine, shredder, step stool and/or ladder, multi-drawer file cabinet, fax machine. Must have working knowledge of spreadsheet, word processing and database management software programs. Basic PC knowledge.

KEY CONTACTS--Internal and External

Has frequent contact with loan officers and customers.

CERTIFICATES, LICENSES, REGISTRATIONS

Valid driver’s license.

Ability to be bonded by Bank’s surety company.

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.

While performing the duties of this job, the employee is occasionally required to stand; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl. The employee is frequently required to walk and sit, talk or hear. The employee must occasionally lift and/or move up to 25 - 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

Individual is required to work in a team atmosphere, willing to assist others at anytime.

COMMENTS

Position may require occasional overnight travel to attend various training sessions.

Position requires the ability to work before or after normal business hours to attend various meetings and meet with clients.

Position may require occasional travel to various locations for job related business.