LOAN PROCESSOR I

Springs Valley Bank & Trust Company; Jasper (IN); On-site; USD 36,000 - 48,000; Full time

Job summary

Springs Valley Bank & Trust Company is seeking a Loan Processor I to handle loan processing and administration across consumer, mortgage, and commercial loans. The role supports lenders with loan data entry, document assembly, and file maintenance, ensuring accuracy and compliance.

The position requires a high school diploma and 3–5 years in a financial institution or lending setting, with solid knowledge of products and strong Microsoft Office skills.

Qualifications

• High school diploma or equivalent; 3–5 years in a financial lending environment.
• Strong knowledge of financial institution products and services.
• Excellent organizational skills and attention to detail.
• Proficient with computer applications and the Microsoft Office environment.

Responsibilities

• Input and audit consumer, mortgage, and commercial loans.
• Provide administrative support to lenders and staff; process loan payments and maintain loan records.
• Assemble and verify loan documentation with signatures and dates.
• Perform clerical duties related to ticklers and departmental records.
• Answer customer questions and resolve routine inquiries regarding payoffs, ownership changes, and other loan details.
• Balance assigned general ledgers.
• Process escrow items including Homeowner's Insurance, PMI, property taxes, and HOA dues.
• Work through escrow analysis.
• Provide input on QM procedures; updates as directed by loan operations manager.
• Actively achieve individual sales, referral, operational, and community involvement goals.
• Scan and image documentation within Director system.
• Perform other duties as assigned.

Skills

Organizational skills

Attention to detail

Microsoft Office

Financial products knowledge

Customer service

Education

High school diploma or equivalent

Tools

Microsoft Office

Job description

JOB DESCRIPTION: LOAN PROCESSOR I

DEPARTMENT: Loan

CLASSIFICATION: Non - Exempt

REPORTS TO: Loan Operations Manager

SUPERVISES: No supervisory responsibility

JOB SUMMARY:

Responsible for the processing and administration of loans in one or more of the following areas: consumer, mortgage, and commercial loans.

MAJOR DUTIES & RESPONSIBILIIES:

• Responsible for input and audit of consumer, mortgage, and commercial loans.
• Provides administrative assistance to the lenders and staff, including processing loan payments, inputting and updating loan data in the system, and maintaining loan records and files (paper and electronic).
• Assembles and verifies accuracy of loan documentation. Ensures that loan files contain documents and with proper signature, dates and other relevant data.
• Performs clerical duties as related to working ticklers and maintaining departmental records.
• Answers customer questions and resolves routine problems with inquires regarding payoffs, changes of owner, note modifications, beneficiaries, and other loan details.
• Balances Assigned General Ledgers
• Processes Escrow which may include Home-Owner's Insurance, PMI, Property Taxes, and Home Owner's Association Dues
• Works through Escrow Analysis
• Provides input on QM procedures, updates as directed by loan operations manager.
• Actively achieves individual sales, referral, operational, and community involvement goals.
• Scans and Images documentation within Director
• Performs other duties as assigned.

EDUCATION & EXPERIENCE:

• High school diploma or equivalent. Three to five years of experience in a financial institution, lending setting, or office environment.
• Good understanding of financial institution products and services.
• Good organizational skills with attention to detail.
• Fluency in computer applications and Microsoft Office Environment.

EOE, including disability/vets