Loan Processor

A Loan Processor at Logansport Savings Bank is an integral part of the loan-making and lending process from start to finish. The successful candidate will handle a variety of transactions and duties for our Consumer and Commercial Loan Officers. They act as a liaison between our customers and our financial institution, and may also follow up on missing documents or other information that is needed. He or she will also support Loan Officers with administrative activities associated with origination and servicing of all loan types.

Responsibilities

• Input and update all insurance information
• Paying escrow, insurance, and taxes
• Payment Processing (all types)
• Taking customer calls regarding loan information
• Ensure proper documentation exists in the loan file following loan approval
• Process loan closing documents
• Order title insurance, flood determinations, appraisals, etc.
• Monitor Loan Exception List
• Prepare files for attorneys on foreclosures
• Maintain loan files that are withdrawn or denied
• Prepare New Account/Loan Letters for mailing

Experience

• High school diploma or its equivalent is required.
• No previous banking experience is required.
• Previous customer service or loan processing experience preferred.

Qualifications

• Excellent customer service skills, attentiveness, information retention, work with both customers and employees in a professional manner.
• Strong communication & organizational skills.
• Detail oriented, high degree of accuracy.
• Competency with computers, email, telephone, and other office machinery.
• Ability to work in a fast-paced environment.
• Ability to think analytically and consider the facts, rules, policies and procedures that protect the bank or that are in the bank’s best interests.
• This position must also comply with all company policies and procedures, applicable laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.