What are the responsibilities and job description for the Loan Processing Specialist position at First Mid?
The Loan Processing Specialist is responsible for various operational aspects of Loan Operations including the input of Commercial loans. When necessary, assists other lending personnel in various projects and duties to ensure the successful operation of the department.
Responsibilities include, but are not limited to:
Education
First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
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Responsibilities include, but are not limited to:
- Reads and interprets legal loan documents for Commercial and Consumer loans and accurately books the loans to the core system. Ensures that the customer record is accurate and the banks position is protected. Ensures the core processing check list is complete and accurate.
- Independently analyzes complex loan documentation in order to set up and fund loan accounts while adhering to bank standards and loan policy.
- Exports new and renewed loans onto the Core in an accurate and timely manner.
- Review files and disburses loan proceeds for Loan Officers and Customers while handling confidential and high-priority material.
- Analyzes loan documents to identify the terms of the collateral. This includes determining which collateral is security and which loans as collateral may cross over to secure several different loans.
- Understands new and existing loan terms to understand collateral structure for setting up the collateral on the loan or across multiple loans.
- Uploads processor records into our imaging system and gathers various loan documents for loan servicing follow up.
- Supports all departmental functions and assures the departmental objectives are achieved in providing accurate and timely loan bookings.
- Consistently delivers a high level of service to both co-workers and bank clients. Consistently displays a team-player and positive attitude.
- Attend training on applicable subjects when available and appropriate for the position.
- Contributes to cross-functional projects or assigned initiatives as needed. Examples may include: testing new processes or procedures, training of new hires, data reporting, core file maintenance.
- Files perfected UCC filings with third party vendors when appropriate.
- Performs other related duties as assigned.
Education
- High School diploma or GED required. Associates degree preferred.
- 1 years banking, clerical or loan processing experience preferred.
- Analytical, organized and detail oriented.
- Proficient in Microsoft Office products with working knowledge in excel.
- Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner.
- High level of interpersonal skills to interact with Loan Officers, Loan Processors and Management.
First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
HP123
