What are the responsibilities and job description for the Loan Administrator/Loan Processor position at Security Bank & Trust Co.?
We are seeking a detail-oriented Loan Administrator/Processor to join our team. (Emphasizing Commercial, Consumer, Consumer Mortgage and Secondary Market Mortgage processing) The successful candidate will provide support to the lending department by preparing timely and accurate loan documentation. Accurately complete a variety of loan department administrative duties and provide daily support to lenders, bank staff and customers. This position works to ensure lending compliance with Loan Policy and bank regulations.
The position has a considerable amount of contact with lenders in addition to communicating with attorneys, appraisers, customers and title companies. Requires the ability to organize and prioritize job duties. Loan administration or banking experience is preferred. Accuracy is critical in all aspects of the job.
Tasks Associated with Loan Administrator/Processor
- Prepare Commercial, Consumer, Consumer Real Estate loan documents, book closed loans, disburse funds. Knowledge with Secondary Mortgage processing.
- Utilizes Compliance One software to prepare loan documents internally
- Perfecting collateral
- Establish and maintain system ticklers as they pertain to insurance, mortgages, UCC, lien cards and financial information
- Maintain credit files through our Document Imaging system
- Participation administration and accounting
- Process paid notes and the release of collateral
- Review and print customer payment/billing notices and statements
- Prepare and send Adverse action notices
- Complete payoff requests
- Order Appraisals, Title work, Credit Reports, etc.
- Perform daily accounting duties (non-posts, TMS, internal general ledger account monitoring, non-accrual balancing, etc.)
- Review daily system generated reports
- Complete monthly reporting SBA, JT Miller/Miniter, flood invoices, Capital Lien, etc.
- Review and disburse Annual Escrow to County offices and Insurance carrier
- Process Credit Bureau disputes though E-Oscar.
The ideal candidate for this role will be highly organized, detail-oriented, and possess excellent analytical skills. If you are interested in a challenging and rewarding career in lending, we encourage you to apply for this position.
Job Type: Full-time
Pay: $19.00 - $22.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible schedule
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Work Location: In person
Salary : $19 - $22
