What are the responsibilities and job description for the Sr. Commercial Loan Processor - To 75K - Schaumburg, IL - Job # 2633 position at The Symicor Group?
Our bank client is seeking to fill a Sr. Commercial Loan Processor role located in the Schaumburg, IL market. The position is responsible for overseeing the day-to-day processing workflow of the commercial loan processing department to assist lending officers, loan assistants, and frontline retail staff with document preparation for commercial and consumer loans.
The opportunity has a generous salary of $75k and an excellent benefits package.
Sr. Commercial Loan Processor responsibilities include:
- Preparing and reviewing new and renewal commercial loan documentation for accuracy, regulatory compliance, and adherence to lender’s specific requirements with particular attention to rates, terms, collateral, covenants, and guarantees.
- Obtaining necessary information (loan application, supporting documentation) to process and complete loan files.
- Examining documents to ensure accuracy and compliance with existing underwriting guidelines.
- Preparing accurate loan package and sending documents with closing instructions to the appropriate location.
- Acting as a liaison between commercial lending officers/loan assistants/retail staff and other processors.
- Maintaining pipeline calendar and notifying management of issues with staffing and deadlines.
- Assisting in the supervision of commercial processing department employees, ensuring the workload is evenly distributed with a focus on accuracy and timely turnaround.
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- High school diploma or GED.
- Five or more years of commercial loan processor or commercial loan assistance experience, including documentation preparation is mandatory in the banking/financial industry.
- Experience with LaserPro required.
- Prior knowledge/understanding of bank policies and government regulations/laws that pertain to lending is strongly preferred.
- Must be able to interact and communicate effectively with various types of internal and external customers
- Must be able to always uphold confidentiality and customer privacy
- Excellent written and verbal communication skills
- Detail oriented to review information and documents for accuracy.
- Ability to handle a high volume, prioritize and function effectively to meet deadlines in a fast-paced environment.
The opportunity has a generous salary of $75k and an excellent benefits package.
Salary : $75,000