What are the responsibilities and job description for the Commercial Banking Processing Specialist position at Directions Credit Union?
Essential Duties and Responsibilities:
- The following statements are intended to describe the general nature and level of work being performed by this position. It is not intended to be an exhaustive list of duties, responsibilities and skills required of this position. Other duties may be assigned to meet business needs.
- Review loan applications for completeness, accuracy, and compliance with credit union policies and regulations.
- Coordinate with members and staff to gather and ensure all necessary documentation is collected.
- Order credit reports and perform verification processes for loan applications.
- Track loan status and ensure milestones are met within established guidelines.
- Assist in preparing commercial loan closing documents and ensure all paperwork is correct and ready for closing.
- Follow up after closing to ensure completion of required documentation, such as insurance, tax verification, final title policies, and audited documents with signatures.
- Communicate with members and staff to resolve discrepancies or gather additional information if necessary.
- Ensure compliance with commercial lending laws, regulations, and internal policies.
- Provide excellent service to internal and external members for a smooth loan processing experience.
Directions Credit Union is an Equal Opportunity Employer: We encourage applications from all qualified individuals regardless of race, color, national origin, gender, sexual orientation, age, religion, disability, or any other characteristic protected under federal, state, or local law.
