Loan Processing Specialist I

Trustmark Corporation; Northern (KY); Hybrid; USD 38,000 - 52,000; Full time

Job summary

Trustmark Bank in Kentucky is seeking a detail-oriented loan data entry specialist to accurately input commercial and consumer loan information into the core loan system from multiple source documents. You will help ensure funding accuracy, maintain general ledger processing, and support regulatory compliance.

Responsibilities include balancing loan transactions, communicating with lending staff, and handling daily data entry tasks for new and renewed loans.

Qualifications

• High school diploma or GED is required.
• Basic knowledge of commercial and consumer loan collateral and lien requirements.
• Understanding of loan structure, billing, and debits/credits.
• Strong communication and organizational skills.
• Ability to use Microsoft Office and data entry systems.

Responsibilities

• Input basic loan information into the core loan system from applications, notes, and data sheets.
• Review loan funding and processing of general ledger tickets for accuracy and compliance.
• Process monetary and non-monetary transactions for new and renewed loans.
• Communicate with lending staff to gather information and resolve issues.
• Perform daily balancing of loan transactions and fees.
• Perform additional duties as assigned.

Skills

Data entry

Communication

Time management

Organization

Microsoft Office

Education

High school diploma or GED

Tools

Microsoft Office

Job description

The purpose of this position is to accurately input basic commercial and consumer loan information into the core loan system using various sources of information including loan applications, promissory notes, booking data sheets and other source documents. Additionally, this position reviews loan funding and processing of general ledger tickets for accuracy and regulatory compliance.

Responsibilities:

• Input basic commercial and consumer loan information into the core loan system using various sources of information including loan applications, promissory notes, booking data sheets and other source documents in accordance with regulations and bank policies.
• Review loan funding and processing of general ledger tickets for accuracy and regulatory compliance and input offsetting general ledger entries.
• Process monetary and non-monetary transactions for basic new and renewed loans and renewed loans.
• Communicate with lending staff to gather additional information as needed to accurately board loans and resolve issues.
• Perform daily balancing of loan transactions and fees and assist with the resolution of unreconciled transactions.
• Perform additional duties as assigned.

Qualifications

• High school diploma or GED
• Basic knowledge of commercial and consumer loan collateral, security, and lien perfection requirements
• Basic understanding of loan structure and billing
• Basic knowledge of loan compliance and coding requirements
• Ability to effectively manage time and prioritize workload in a fast-paced environment
• Display strong communication, interpersonal and organizational skills
• Ability to effectively use Microsoft Office and other data entry type systems
• General understanding of debits and credits associated with the loan/bank processing
• Ability to understand and communicate loan document requirements

Physical Requirements/Working Conditions: Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.

Trustmark Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings on this site. Resumes submitted to any Trustmark Bank employee by a third-party agency and/or search firm without a valid, written search agreement signed by Trustmark, will become the sole property of Trustmark Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

Working with Us

Teamwork and the individual contributions of our associates are recognized as the drivers of our success. At Trustmark, we are committed to preserving and advancing a diverse and inclusive workplace, where each associate, customer and shareholder is respected, valued and encouraged to share in our commitment. We make significant investments in our associates so that they may enhance their personal and professional skills, because we want each associate to grow, flourish and fulfill their career aspirations. Come onboard and join our team!

Equal Opportunities for All

Trustmark exemplifies the strength and possibilities that come with a diverse and inclusive team. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, genetic information, pregnancy, national origin, protected veteran, disability status, or any other characteristic protected under applicable law. Trustmark is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment.

Upon accepting a position with Trustmark, the following pre-employment screenings must be completed:

• Verification of employment, education and other data provided by you on your employment application
• Verification of eligibility to work in the US
• Criminal background check
• Fingerprinting (required for certain positions)