Loan Processor

First-Midwest-Bank-of-Dexte; Springfield (MO); On-site; USD 36,000 - 52,000; Full time

Job summary

Dexter is seeking a detail-oriented Loan Processor to support loan and credit applications across Dexter and branches. You will accept payments, compute interest, balance loans, and enter new loans daily in Jack Henry systems.

You will respond to customer inquiries by phone or written correspondence, maintain loan records, and handle insurance coordination with Collateral Protection Insurance Co. Strong accuracy is essential.

Qualifications

• High school diploma or GED, or equivalent combination of education and experience.
• Ability to read and comprehend simple instructions and write simple correspondence.
• Experience with loan processing or banking systems is helpful.

Responsibilities

• Accepts and processes payments on loans.
• Keeps record of applications for loans and computes interest and payments.
• Provides customer credit information or rating on request to clients or banks.
• Balances loans daily for the organization and branches.
• Enters new loans and extensions daily on Jack Henry system.
• Answers customer phone calls, inquiries and research on the loans.
• Processes maintenance on loan system for Dexter and all branches.
• Prints, mails and calls companies to obtain insurance for loans and scans insurance daily to the insurer.
• Maintains and balances cash drawer and researches loan errors.

Skills

Math skills

Language skills

Reasoning

Computer skills

Education

High school diploma or GED

Tools

Database software

Internet software

Spreadsheet software

Word processing software

Job description

SummaryProcesses applications of individuals applying for loans and credit by performing the following duties.Essential Duties and Responsibilities include the following. Other duties may be assigned.Accepts and processes payments on loans.Keeps record of applications for loans and credit.Computes interest and payments.Provides customer credit information or rating on request to retail stores, credit agencies, or banks.Advises customer by phone or in writing about loan information.Balances loans daily for Dexter and all branches.Enters new loans and extensions daily on Jack Henry system for Dexter.Answers customer phone calls, inquiries and research on the loans.Answers incoming calls.Processes maintenance on loan system for Dexter and all branches.Processes participation draws and payments.Prints, mails and calls companies to obtain insurance for Dexter loans and scans insurance daily to Collateral Protection Insurance Company.Draws on loans for customers.Maintains and balances cash drawer.Researches loan error and makes corrections for Dexter and all branches.Scans new Dexter loans to Efile.Supervisory ResponsibilitiesThis job has no supervisory responsibilities.QualificationsTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Education and/or ExperienceHigh school diploma or general education degree (GED); or one to three months related experience and/or training; or equivalent combination of education and experience.Language SkillsAbility 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.Mathematical SkillsAbility to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.Reasoning AbilityAbility 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.Computer SkillsTo perform this job successfully, an individual should have knowledge of Database software; Internet software; Spreadsheet software and Word Processing software.Certificates, Licenses, RegistrationsCurrent Drivers LicensePhysical DemandsThe 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 frequently required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.Work EnvironmentThe 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.