Senior Commercial Loan Processor

State Bank Northwest; Spokane Valley (WA); On-site; USD 55,000 - 75,000; Full time

Job summary

A regional bank in Spokane Valley is seeking a Sr. Commercial Loan Processor. This full-time role requires expertise in preparing various loan documentation and maintaining strong customer relations. The ideal candidate has experience in commercial and consumer loans, with a focus on accuracy and regulatory compliance. Join a supportive team committed to excellent service.

Qualifications

• 2+ years experience in preparing commercial and consumer loans preferred.
• Experience in loan servicing preferred.
• Knowledge of bank regulatory compliance.

Responsibilities

• Prepare commercial and Ag loan documentation.
• Process customer loan payments and advances.
• Maintain accuracy in loan documentation.

Skills

LaserPro experience

Understanding of UCC/Real Estate

Excellent customer relations

Ability to prioritize

Education

High school diploma or equivalent

Job description

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Overview

The position of Sr. Commercial Loan Processor is responsible for preparing commercial, Ag, SBA, consumer & TRID loan documentation; process customer loan payments and advances; boards loan to core system and images loan documentation; promotes business for the Bank by maintaining excellent customer relations. This is a full-time, on-site position M-F.

ESSENTIAL DUTIES

• Completes Commercial and Ag loan documentation
• Understanding of UCC/Real Estate/Crop collateral documentation requirements & perfection
• Understanding of Loan Estimate and Closing Disclosure requirements
• Reviews all loan type documentation for accuracy
• Boards signed loans to core maintaining data integrity
• Responsible for the disbursement of new loan funds
• Indexing of loan documentation to imaging system
• Prepare and maintain collateral files, ensuring complete and accurate documentation
• Process paid off loans & collateral release
• Insurance tracking & follow-up
• Detail and accuracy are a must
• Be able to effectively prioritize in a high-paced environment

OTHER DUTIES

• Responsible for successfully completing assigned training courses
• Responsible for following Bank Procedures and Policies, including Privacy Policy, Network Security Policy and Personal Computer Policy
• Explains, promotes, or recommends bank products & services
• Works to build strong relationships with Team Members to meet our TEAMWORK VALUES
• Provides EXTRAORDINARY CUSTOMER SERVICE as outlined in our Service Standards
• Maintains customer confidence and protects Bank Customers and the Bank by keeping information confidential

SUPERVISORY RESPONSIBILITY

None.

ENVIRONMENT AND PHYSICAL ACTIVITY

While performing the duties of this job, the employee is regularly required to stand; sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

The incumbent for this position may operate any or all of the following: telephone, copy machines, 10-key calculator, scanner and image systems, computer terminal, laptop computer, and related printers, or other equipment as directed.

The noise level in the work environment is usually moderate.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

The 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.

MENTAL DEMANDS

Works on assignments that are complex in nature where judgement is required in resolving problems and making routine recommendations. Normally receives no instruction on routine work.

The incumbent in this position must be able to read documents or instruments, detailed work, problem solving, reasoning, math, language, presentations, verbal communication, written communication, analytical reasoning, stress, training others.

Must be able to handle multiple concurrent tasks and constant interruptions.

MINIMUM REQUIREMENTS

Education/Experience:

1. 1.2+ years LaserPro experience preparing commercial & consumer loans preferred
2. Experience working in a loan servicing department preferred
3. Understanding of Bank regulatory compliance for commercial, residential and consumer loans
4. Understanding of loan documentation and the perfection of security interest
5. Minimum High school diploma or equivalent

Management reserves the right to change this position description at any time according to business needs.

Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Banking

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