Loan Processor: Closings, Compliance & Client Relationships

Legacy-Bank; Grundy (VA); On-site; USD 42,000 - 70,000; Full time

Job summary

Legacy-Bank is seeking a Loan Processor to prepare and review loan documents for closing commercial, mortgage, and consumer loans. The role involves promoting the bank's products and developing new business and customer relationships.

The position requires collaboration with lending officers, attorneys, and clients, ensuring timely collateral security and compliance with lending regulations. Strong attention to detail and excellent communication are essential for success.

Qualifications

• High school diploma or equivalent required.
• Two years' banking experience with emphasis on loan administration preferred.
• Comprehensive knowledge of lending regulations and loan documents.

Responsibilities

• Prepare all documents required for ratification or commercial, mortgage, and consumer loans.
• Process all loan related documents.
• Assist lending Officers and clients with loan closings.
• Acts as a liaison between Legacy Bank and legal representatives of its clients for loan matters.
• Ensures collateral is secured in a timely manner.
• Ability to comprehend regulatory and bank policy issues when preparing loan documents.

Skills

Customer service

Interpersonal skills

Communication

Deadline oriented

Organizational skills

Attention to detail

Education

High school diploma or equivalent

Tools

Word

Excel

Job description

Legacy-Bank is seeking a Loan Processor to prepare and review loan documents for closing commercial, mortgage, and consumer loans. The role involves promoting the bank's products and developing new business and customer relationships.

The position requires collaboration with lending officers, attorneys, and clients, ensuring timely collateral security and compliance with lending regulations. Strong attention to detail and excellent communication are essential for success.