What are the responsibilities and job description for the Loan Processor position at Queensborough National Bank and Trust?
Under general supervision, but conforming to established policies and procedures, employee will perform various Loan Processing duties in an efficient and accurate manner while providing STAR quality customer service. Will be cross trained to perform other branch jobs (CSR, Teller) as needed.
Employee is responsible for all loan processing duties including, but not limited to, those in this job description. Job functions will vary as needed.
- Answer customer, Loan Processing, and credit analyst questions related to loan processing and information gathering
- Process loan applications (from start to finish) to include loan analysis write-ups and all loan packaging that is sent to Loan Processing
- Process necessary documentation for perfection of security instruments and liens
- File/Scan documents in appropriate loan files to maintain accurate records and documentation
- Input loans on computer
- Review and maintain existing loans for collateral documentation
- Inform loan officer of any exceptions in files to include financials
- Monitor insurance coverage on collateral to include calling insurance companies for initial verification and working insurance exception list
- Process note payments
- Assist loan customers as needed
- Assist in collecting delinquent loans
- Release collateral and perform necessary documentation at pay-out
- Ensure that all loans comply with applicable laws, regulations, & bank policies
- Attend training sessions as needed including required BVS assignments and other job related training courses
- Prepare monthly loan report
- Prepare modifications and work maturing loans report
- Work loan exception report (Bankway)
- Monitor and work the CRA and HMDA reports
- Order floods, GEO coding, CBIs, NAICS code, and OFAC reports
- Obtain proper CIP information
- Adhere to the Policies and Procedures of the bank and comply with all banking laws, rules and regulations
- Primary back up to the Customer Service Representative
- Two (2) years of loan processing and/or loan administration experience
- Knowledge of loan documentation requirements and loan policy
- Ability to perform account, loan and credit transactions
- Knowledge of how to use and access loan systems/databases
- Previous CSR and Teller experience strongly preferred
- Excellent verbal and written communication skills (clear, concise, correct)
- Perform other duties as assigned
Qualifications:
- Two (2) years of loan processing and/or loan administration experience
- Knowledge of loan documentation requirements and loan policy
- Ability to perform account, loan and credit transactions
- Knowledge of how to use and access loan systems/databases
- Previous CSR and Teller experience strongly preferred
- Excellent verbal and written communication skills (clear, concise, correct)
Experience
Required- 2 year(s): Loan Processing
Education
Preferred- Some college or better in Business Administration or related field
Skills
Required- Written Communication
- Verbal Communication
- Organization
- Microsoft Office Suite
Behaviors
Required- Functional Expert: Considered a thought leader on a subject
- Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Motivations
Required- Self-Starter: Inspired to perform without outside help
- Goal Completion: Inspired to perform well by the completion of tasks
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
