Loan Processing Specialist: Commercial, Consumer & Ag

Stillman Bank; Roscoe Township (IL); Hybrid; USD 26,000 - 36,000; Full time

Benefits offered by this job

Paid time off

Health insurance through BCBS of IL

Dental insurance

Vision insurance

Short-term disability

Long-term disability

Life insurance

401k with profit sharing

Job summary

Stillman Bank in Roscoe Township, IL, is seeking a Commercial/Consumer/Agricultural Loan Processor to prepare and process loan documentation in accordance with bank policies and regulatory requirements.

You will collaborate with lenders and RMAs to ensure files are complete, accurate, and ready for closing, while maintaining organized electronic and physical records. This is an on-site, 40-hour-per-week role requiring attention to detail.

Qualifications

• High school diploma or equivalent required.
• Associate or bachelor’s degree in business, finance, or related field preferred.
• Minimum of 2 years of loan processing or related banking experience preferred.
• Experience with commercial, agricultural, and consumer loan documentation preferred.

Responsibilities

• Prepare loan documentation for commercial, consumer, and agricultural loan requests using approved systems and forms.
• Review approved loan requests to ensure all information, approvals, and documentation are complete before documentation preparation.
• Coordinate internally with lenders, RMAs, appraisal vendors, title companies, attorneys, and other third parties to facilitate closings.
• Verify collateral documentation, insurance coverage, lien perfection, and other closing conditions.
• Ensure loan documentation complies with bank policy, regulatory requirements, and underwriting approvals.
• Prepare, review, and organize loan closing packages for accuracy and completeness.
• Assist with loan renewals, modifications, extensions, and maintenance requests.
• Track outstanding items and documentation exceptions and communicate status updates to lenders and RMAs.
• Maintain organized electronic and physical loan files per retention standards.
• Work with Loan Accounting and Loan Operations to ensure timely loan boarding and funding.
• Support audits, loan reviews, and examinations by providing required documentation.
• Maintain knowledge of lending regulations and bank procedures relevant to lending.
• Perform other duties and special projects as assigned.

Skills

Attention to detail

Organizational skills

Written and verbal communication

MS Office proficiency

Education

High school diploma or equivalent

Associate or Bachelor's degree in business/finance

Tools

Microsoft Office

Banking software systems

Job description

Stillman Bank in Roscoe Township, IL, is seeking a Commercial/Consumer/Agricultural Loan Processor to prepare and process loan documentation in accordance with bank policies and regulatory requirements.

You will collaborate with lenders and RMAs to ensure files are complete, accurate, and ready for closing, while maintaining organized electronic and physical records. This is an on-site, 40-hour-per-week role requiring attention to detail.