What are the responsibilities and job description for the Secondary Loan Processor position at FCB Banks?
Job Details
Classification: Non-Exempt/Hourly
Job Type: Full-Time
Location: Collinsville Loan Processing; 717 Vandalia St., Collinsville, IL 62234
Reports To: Secondary Loan Supervisor
ABOUT US:
FCB Banks has been family owned and managed for more than three generations. Our original banks opened in New Baden and Albers in 1901 and customers quickly associated FCB with quality service, competitive rates, and personal customer care. These qualities became the pillars of our business when First Collinsville Bank opened in 1990 and we began expanding throughout the area. We streamlined and simplified banking operations and officially changed our name to FCB Banks in 2017. Today we have seventeen locations in sixteen wonderful towns serving customers in Illinois and Missouri. We pride ourselves on being locally owned and operated as well as a valued part of the community. Since 1901 our goal at FCB Banks has always been to provide exceptional service to our valued customers.
JOB SUMMARY:
The Secondary Loan Processor assembles, organizes, and submits necessary documentation to Underwriter for loan review and approval. They are responsible for documenting and verifying all information provided by borrowers and loan officers on loan application and supporting documentation, including but not limited to residency, employment, income, financial assets and real estate owned. The Secondary Loan Processor analyzes loan application and documentation to assess loan quality and probability of approval.
ESSENTIAL JOB DUTIES:
- Produces loan documents:
- Verifies information supplied by loan applicants.
- Reviews loan file documentation for accuracy and integrity.
- Analyzes documents and data to make preliminary loan assessments.
- Uses automated underwriting systems (AUS) to determine loan eligibility and documentation standards.
- Assists and advises lenders and borrowers regarding loan products, programs, and requirements.
- Must have understanding and knowledge of the functionality of all documents and each transaction based on secondary market guidelines.
- Meets deadlines as assigned.
- Expected to communicate well with:
- Lenders
- Borrowers
- Supervisors
- Fellow employees
- Third party vendors and verifiers
- Cross trains in other positions at Loan Administration:
- Expected to fill in as needed in other areas of loan administration
- Expected to fill in as needed in other areas of loan administration
- Performs departmental duties, as required, to maintain:
- Adequate work flow
- Completion of special projects as assigned
- Performs other tasks or functions as assigned by bank management.
TECHNICAL SKILLS NEEDED:
- Strong communication skills – verbal, written and listening.
- High quality writing skills – uses accurate word usage, grammar, spelling, and punctuation in all written correspondence.
- Strong technology skills, along with expert knowledge of Microsoft Office (Word, Excel, PowerPoint) and traditional office products (copiers, fax machines, ten-keys, phones, etc.).
- Problem Solving – identifies and resolves problems timely.
- Teamwork – contributes to building a positive team spirit
- Working understanding of the banking industry, regulations, loan documentation, loan policies and procedures and compliance.
- Effective at managing and prioritizing multiple tasks and ability to perform under extreme pressure.
- Strong analytical and research skills
- Attention to detail and accuracy
- Time-management and ability to meet deadlines.
QUALIFICATIONS:
- High School diploma, GED or equivalent
- Associate’s or Bachelor’s Degree in relevant field (preferred)
- 1 – 3 years of financial services industry experience (preferred)
- 1 – 3 years of underwriting experience (preferred)
WORKING CONDITIONS:
- Constantly uses standard office equipment such as computers, phones, photocopiers, filing cabinets, calculators and fax machines
- Availability to work during core bank operating hours (i.e. 8:00 am – 5:00 pm Monday through Friday)
- Occasionally requires local travel including offsite trainings and meetings
- Ability to multi-task, work in a fast-paced, changing environment and maintain a commitment to accuracy and timeliness
- Regularly remains in a stationary position at least 50% of the time
- Constantly moves to access supplies and equipment and to assist coworkers
BENEFITS:
- $20 - $27 per hour, eligible for performance-based bonuses and incentives
- Health, Dental, Vision Insurance
- Group Life Insurance 1x annual salary, 100% paid by the bank
- Long-Term Disability insurance, 25% paid by the bank
- Voluntary Life Insurance and Accidental Death and Dismemberment Insurance
- Flexible Spending Account (FSA) and Dependent Care Flexible Spending Account (DCFSA)
- Employee Assistance Program, Travel Assistance and Life Services Tool Kit
- Paid time off including Vacation, Personal and Sick leave
- Partially-paid Parental Leave for eligible employees
- 401(k) with company match for eligible employees
DISCLAIMER:
The employee must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities.
FCB Banks retains the right to change or assign other duties to this position.
Equal access to programs, services and employment opportunities is available to all persons without regard to age, ancestry, citizenship, status, color, physical or mental disability, genetic information, marital status, military status, national origin, race, religion, sex (including pregnancy), sexual orientation, or any other basis protected by federal, state, and/or local law.
In accordance with the Americans with Disabilities Act and/or applicable state and local laws, applicants requiring reasonable accommodations for the application and/or interview process should notify the FCB Human Resources Department. Examples of reasonable accommodations include making a change to the application process; providing written materials in an alternate format such as braille, large print, or audio recording; using a sign language interpreter; using specialized equipment; or modifying testing conditions.
Applicants have rights under Federal Employment Laws
Equal Employment Opportunity Poster https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf
Equal Employment Opportunity Supplement https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf
Family and Medical Leave Act (FMLA) https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/fmlaen.pdf
Employee Polygraph Protection Act https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf
Salary : $20 - $27
