Loan Processor- Yankton (Full Time)

CorTrust Bank; Yankton (SD); On-site; USD 42,000 - 56,000; Full time

Benefits offered by this job

401k with employer match

Employee Stock Ownership Plan

Insurance options

Paid time off

Incentive eligibility

Service awards

Employee Assistance Program

Stable work environment

Job summary

CorTrust Bank in Yankton, SD seeks a full-time Loan Processor to support the lending team with document completion, retention, and coordination with vendors. You will process disclosures, assist with credit reporting, and manage payments to ensure smooth cash flow in the loan process.

The ideal candidate will understand Federal banking regulations, demonstrate integrity, and communicate effectively in a fast-changing, team-oriented environment.

Qualifications

• Experience in loan processing and familiarity with lending workflows.
• Strong attention to detail and accuracy.
• Good communication and interpersonal skills.

Responsibilities

• Manage loan document completion and retention
• Process time-sensitive disclosures per regulations
• Coordinate with external vendors for appraisals, valuations, and title work
• Assist with credit reporting functions and customer communications
• Handle loan payments to ensure cash flow
• Maintain knowledge of lending regulations and bank policies
• Respond to requests and provide guidance as needed

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Loan Processor- Yankton (Full Time)

Admin Support Yankton Fox Run, Yankton, SD, US

CORTRUST BANK
The mission of this bank is to profitably deliver high quality customer service that meets the financial needs of our community, its businesses, and its citizens. No line of financial services is beyond our charter.

CorTrust Bank is seeking a full-time Loan Processor in our Yankton community!

It's more than just a job! When you join one of the region's leading community banks, you can expect a family atmosphere committed to building outstanding teams. We believe in the overall well-being of our employees and work hard to provide the best opportunities for growth. We're proud to offer a competitive compensation package that includes perks like a 401k with employer match, Employee Stock Ownership Plan, insurance coverage options, paid time off, incentive eligibility, service awards, community service opportunities, an Employee Assistance Program, and a stable work environment.

Summary: The Loan Processor supports the goals and mission of CorTrust through an active role in the lending process. They support lenders and clients with document completion and retention, collaboration with vendors, and problem resolution.

Key areas of responsibility:

Loan processing:

• Manage loan document completion and retention and accurately process loan payoffs according to Bank procedure.
• Maintain knowledge of the lending process and provide support with credit reporting functions, customer communications, and repayment parameters.
• Process time-sensitive disclosures according to Federal banking regulations and review documents to ensure proper completion and accuracy.
• Work with external vendors to initiate appraisals, valuations, and title transactions and inquiries.
• Process incoming fees and external payments to ensure optimal cash flow throughout the lending process.
• Communicate professionally and courteously with internal and external clients and adhere to phone etiquette policies.
• Respond to general and specialized requests to provide guidance and resolve issues.
• Maintain knowledge of regulatory change and complete relevant training to ensure compliance with lending regulations and Bank policies.
• Respond positively to other duties and responsibilities as assigned.

The ideal candidate for Loan Processor possesses a combination of education and experience to be able to perform the primary duties of this position with little supervision, managing multiple projects simultaneously. They adapt easily to system, process, product, and service changes, and are able to reason, solve problems and think critically. They must demonstrate a high level of integrity, personal diplomacy, and respect. Knowledge of Federal banking regulations and industry workflow is required. Must be able and willing to abide by all Bank policies, procedures, and Federal banking regulations.

CorTrust is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.