What are the responsibilities and job description for the Commercial Loan Clerk position at The First National Bank of Dennison?
Commercial Loan Clerk
Job Duties:
- Handles all commercial lending products
- Receives commercial loan files from the Loan Officer’s and reviews files for all necessary forms and information according to the regulations
- Imports all commercial loans into the core system
- Preforms quality control for companion loan clerk
- Communicates with Loan Officer to resolve any commercial application problems.
- Communicates with legal counsel, title companies, realtors and customers on behalf of the Loan Officer.
- Gathers information needed for the loan transaction including payoffs, verifications, appraisals, legal work etc.
- Provides administrative assistance to the Loan Officer and staff, including updating loan data for entry into the lending software and assembling documentation.
- Ensures loan files contain documents with proper signatures, dates and other relevant data.
- Assembles and verifies accuracy of loan documentation prior to submitting loan package to loan committee
- Prepares approved loan packages for closing and checks documents for proper vesting, legal descriptions, closing dates, and signatures.
- Maintains new and paid commercial loan files. Performs a variety of clerical duties requiring knowledge of departmental procedures.
- Uses office computers for data input for ordering credit reports, flood certifications, photocopying, faxing/scanning documents and organizing and maintain supplies.
- Answers telephone and written inquiries concerning loan processing and information.
- Cross markets companion products for consumer, residential and commercial loan products and services as appropriate.
- Assists other departments on a temporary basis as needed
- Notary required
- Prepares denials
- Other duties as assigned
Characteristics/Requirements:
- Must by 18 years old
- Good understanding of Bank’s products and services
- Good computer skills with strong attention to detail
- Excellent customer service and communication skills
- Analytical and math skills
- Strong ability to multi-task in a fast paced environment and prioritize time
- Work well with a team
- Prompt, organized and efficient
- Works well under stress
- Ability to effectively work with colleagues on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently with established timeframes
- Ability to work beyond normal business hours