Loan Servicing Clerk

Metairie-Bank; Metairie (LA); On-site; USD 42,000 - 65,000; Full time

Job summary

Metairie-Bank in Metairie, LA is seeking a Loan Operations Specialist to ensure timely boarding of commercial loans to the bank's core system. You will handle loan maintenance, advances, and payments with accuracy.

Candidates should have at least 2 years of loan operations experience and a solid understanding of loan policies and federal/state regulations.

Qualifications

• 2 years' experience in loan operations with loan documentation experience preferred.
• Strong understanding of loan application policies and procedures, as well as documentation required by federal and state regulations.

Responsibilities

• Boards commercial loans to the bank's core system and handles modifications/ renewals.
• Reviews loan documentation post-closing to verify required documents.
• Processes loan advances, payments, and maintenance in the core system.
• Inputs loan file exceptions, places loans on nonaccrual, and processes charge offs.

Skills

Loan processing

Documentation

Regulatory compliance

Tools

Core banking system

Job description

Position Summary

Responsible for timely and accurate boarding of commercial loans to the bank's core system. Processes loan account maintenance, loan advances, and loan payments on the bank's core system.

Essential Job Functions

• Boards commercial loans to the bank's core system, as well as processes modifications and renewals to existing loans.
• Review loan documentation post-closing to verify all required documents have been received and signed.
• Processes advances, loan payments, and loan maintenance by either preparing necessary paper transactions, or direct input to the bank's core system.
• Responsible for input of loan file exceptions, placing loans on nonaccrual, and charge offs to the bank's core system.

Education and Experience

• Strong understanding of loan application policies and procedures, as well as documentation required by federal and state regulations.
• 2 years' experience in loan operations with loan documentation experience preferred.

Metairie Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related technical issues, will not receive a response.