What are the responsibilities and job description for the LOAN PROCESSOR II position at Springs Valley Bank & Trust Company?
JOB DESCRIPTION: LOAN PROCESSOR II
DEPARTMENT: Loan
CLASSIFICATION: Non - Exempt
REPORTS TO: Loan Operations Manager
SUPERVISES: No supervisory responsibility
JOB SUMMARY: Responsible for the processing and administration of loans in one or more of the following areas: consumer, mortgage, and commercial loans.
MAJOR DUTIES & RESPONSIBILIIES:
- Responsible for input and audit as well as basic processing and admin functions of consumer, mortgage, and commercial loans.
- Leads loan operations staff in their area of expertise assisting with policy, procedure, and other loan related issues and questions.
- Provides administrative assistance to the lenders and staff, including processing loan payments, inputting and updating loan data in the system, and maintaining loan records and files (paper and electronic).
- Assembles and verifies accuracy of loan documentation. Ensures that loan files contain documents and with proper signature, dates and other relevant data.
- Answers customer questions and resolves routine problems with inquires regarding payoffs, changes of owner, note modifications, beneficiaries, and other loan details.
- Balances Assigned General Ledgers
- Processes Escrows on Loans such as Home-Owners Association Dues, Home-Owners Insurance, PMI & Property Taxes
- Processes Escrow Analysis
- Updates QM procedures annually
- Actively achieves individual sales, referral, operational, and community involvement goals.
- Performs other duties as assigned.
EDUCATION & EXPERIENCE:
- Undergraduate degree and/or five to seven years of experience in a financial institution or lending office setting.
- Extensive knowledge of bank loan policies and procedures.
- Knowledge of SVB&T loan policies and procedures.
- Excellent organizational skills with attention to detail.
- Fluency in computer applications and Microsoft Office Environment.
EOE, including disability/vets
