Commercial Loan Processor

Job: Commercial Loan Processor

Location: hybrid 1 day a week in Columbus, OH

Duration: Full-Time

Pay Rate: $70k/yr - $80k/yr

Overview:

A local community bank is seeking to hire a full time Commercial Loan Processor that will sit hybrid onsite in Columbus or Marion Ohio. The Commercial Loan Processor is to ensure timely and accurate processing and packaging of commercial loans and modifications for closings under minimal supervision. You will be responsible for managing the loan process from loan approval through closing. Input data into the loan system in accordance with all applicable laws and bank policies/procedures. Essential Duties and Responsibilities: • Oversees the workflow of business loan processing to ensure compliance requirements are being met. • Performs loan document review and due diligence with all third- party professionals. • Review loan documentation for accuracy and completeness prior to closing. • Ensure loans in compliance with credit approval, loan settlement statement, and audit procedures. • Order vendor work (Appraisals, Floods, UCC, Title search, Title commitment through title company) • Document loans in Laserpro and Wolters Kluwer. (highly preferred) • Loan maintenance (Renewals and Modifications) • Ensure proper booking of the loan. • Lean perfection, exception, and documentation. • Assist in assuring that overall system integrity related to commercial loan system/ software. • Assist with loan monitoring, mortgage recordings, title liens, possessory collateral, and financial information for each loan. Including deposit requirements into Fahey banking account. • Pre/Post Close QC of your documentation prior to closing. • Teamwork - Contributes toward achieving Underwriting Team Objectives through activities such as: answering questions, efficient and accurate transactions, informing operations, underwriting team about other related products and services, assisting other department team members when needed. • Strong support and excellent working relationship with the Commercial Lending team. • Perform all other duties as assigned.

Skills:

5 years of experience working with Commercial loans Minimum

2 years as a loan closer or loan processor

Familiarity with loan documentation and has experience with a number of different credit structures

Self-sufficient and able to work independently

Driven to complete tasks and do what it takes to close out loans within specified timeline

Experience with laserpro or Wolters Kluwer (loan processing software)