Loan Processor

Job Title:

Loan Processor

Reports to:

AVP Loan Administration

Job Description:

Summary/Objective:

The loan processor position prepares monthly and quarterly reports and process consumer/commercial loans excluding mortgage files in accordance with bank and regulation guidelines; performs post-closing compliance reviews; and assist with data entry of online applications.

Essential Duties:

Accurate and timely data collection and preparation of monthly and quarterly reports for management; insurance maintenance; obtain payoffs; book and fund closed loans, review loan files for completeness, accuracy, and compliance standards; resolution of loan related issues; maintenance of existing loan accounts; loan payment processing; data entry of online loan applications into loan origination system; provide exceptional customer service.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Competencies:

Accuracy and attention to detail; decision making and critical thinking; communication proficiency; flexibility and adaptability; managing multiple priorities; operational functions; Organization skills; Proficient with Microsoft Word & Excel; comprehension of Federal & State Regulations.

Supervisory Responsibilities:

This position has no supervisory responsibilities.

Work Environment:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, scanners, filing cabinets and fax machines.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. This is a largely sedentary role; however, some filing is required. This would require the ability to lift files (up to 50 lbs.), open filing cabinets and bending or standing on a stool/ladder as necessary.

Position Type/Expected Hours of Work:

This is a full-time position with a 40-hour work week. Hours of work and days are Monday through Friday, 8:30am to 5:00pm (flexible).

Travel:

May need to attend seminars/conferences.

Required Education and Experience:

High School Diploma or GED required.

Preferred Education and Experience:

Loan Processing Experience and knowledge of banking regulations preferred.

“Equal Employment Opportunity/Affirmative Action Employer”

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• Day shift
• Monday to Friday

Ability to Relocate:

• Willards, MD 21874: Relocate before starting work (Required)

Work Location: In person