Loan Closer-Consumer

First Federal Bank of LA; Lake Charles (LA); On-site; USD 42,000 - 54,000; Full time

Job summary

First Federal Bank of Louisiana in Lake Charles seeks a Loan Closer – Consumer in the Loan Processing and Closing Department. You will gather required documentation from approval to closing and prepare and review legal documents for closing.

The role requires attention to detail, ability to coordinate closing appointments with lenders, and experience with loan documentation workflows. The bank offers a stable community banking environment and opportunities to grow within a 75-year-old

Qualifications

• High school diploma or GED.
• Minimum of one year related experience and/or training.
• Some college or business school preferred, but not required.

Responsibilities

• Processes originated new and renewal consumer loans from approval to closing.
• Assists with review of documentation prior to loan closing.
• Assembles and verifies accuracy and completeness of consumer loan documentation.
• Prepares legal documents for loan closings and coordinates closing appointments with lenders.
• Enters data into the system for loan documentation tracking.
• Reconciles the GL account for the consumer loans.

Skills

Related experience

Data entry

Education

High school diploma or GED

Some college or business school

Job description

First Federal Bank of Louisiana is currently seeking a Loan Closer – Consumer in the Loan Processing and Closing Department. The position is located at the Main Office in Lake Charles, Louisiana.

About Us

First Federal Bank of Louisiana is a full-service, locally owned community bank that has helped build the communities we serve for over 75 years. With over one billion dollars in assets and 16 offices currently serving multiple parishes across Southwest and Central Louisiana, we are proud to offer our customers comprehensive retail and commercial products as well as investment services to meet all of their financial needs. Empowering people and places to realize and attain their dreams is what our community-first banking is all about, and that’s what our team strives to do in the communities we serve each and every day. Visitwww.ffbla.bankto learn more. Member FDIC, Equal Housing Lender.

Position Summary

Gathers required documentation from point of approval to closing by communicating and working with lenders. Prepares and reviews legal documents for closing.

Essential Duties & Responsibilities include, but are not limited to, the following:

• Processes all originated new and renewal non-real estate consumer from time ofapproval
• Assists Loan Review with review of appropriate documentation prior to loanclosing
• Assembles and verifies accuracy and completeness of consumer loandocumentation
• Answers telephone and written inquiries concerning consumer loanprocessing
• Enters data into computer for loan documentationtracking
• Prepares bills of sale, power of attorneys, and other documentation, asneeded
• Assists with preparation of corrections for DMV, UCC, and other consumerfilings
• Prepares legal documents for loan closings; coordinates closing appointment with lender
• Reviews closing documents for content and accuracy
• Reconciles the GL account for the consumer loans; transfers funds as appropriate
• Scans, indexes, and verifies new consumer loandocumentation
• Prepares, reviews, and maintains reports, asneeded
• Compliance training is assigned to all Bank personnel based on their position with the Bank. Employees are required to complete allassigned training timely and in accordance with Bank policy.

Minimum Qualifications

• High school diploma or GED,
• A minimum of one (1) year related experience and/or training
• Some college or business school preferred, but not required

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are a basic summary of the knowledge, skill, and/or ability required. The full job description is attached as a pdf to this job posting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Duties & Responsibilities

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Equal Opportunity Employer

The employment policy of First Federal Bank and its subsidiaries is to provide an equal employment opportunity for all employees and job applicants without regard to race, color, religion, sex, national origin, age, individuals with disabilities, protected veteran status, sexual orientation, gender identity, genetic information, or any other legally protected characteristics or activities in accordance with applicable laws.