Commercial Loan Processor
Job Posting for Commercial Loan Processor at Linn Area Credit Union
Linn Area Credit Union-Commercial Loan Processor
Linn Area Credit Union is a not-for-profit, full-service financial organization with branches in Cedar Rapids and Marion, Iowa. We are very much a local organization serving a 22 county field of membership.
Job Summary
The individual in this position will be responsible for managing the processing, closing and post-closing functions of Commercial Credits. This person will provide support for deposit and loan activities within the Commercial Department in order to ensure an efficient and consistent management of commercial files. They will be responsible for compliance with all regulatory requirements and internal policies/procedures.
Essential Duties and Responsibilities
Essential Duties and Responsibilities
- Work with borrowers, team and vendor partners to efficiently process loan requests
- Gather, organize, and validate financial documentation requirements for new and existing commercial lending relationships
- Prepare closing documents, review loans and accurately transfer into our core system
- Track portfolio loan covenants and documentation to ensure the timely receipt of information
Skills and Qualifications
- One to three years of similar or related experience is preferred
- A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree
- Attention to detail and accuracy, and the ability to identify and lead process improvement
- Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation
- Must have excellent communication skills and the ability to use related software required
We offer
- A benefits package that includes three medical plans to choose from, dental and vision (we pay 90% of the premium)
- Paid Time-off, Sick time-off, and time off earned for volunteering in the community
- 401(k) with a great employer match (up to 200%)
- Paid Parental Leave
- Company workout facility and locker room
- Employer-paid life insurance
- Professional development and advancement opportunities
Oh, and don’t forget that LACU employees get paid time off for Federal holidays.
That is a lot of perks in addition to our great company culture!
Salary.com Estimation for Commercial Loan Processor in Rapids, IA
$44,722 to $60,605
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Job openings at Linn Area Credit Union
Linn Area Credit Union
Marion, IA
Full Time
Linn Area Credit Union
Rapids, IA
Full Time
Linn Area Credit Union
Rapids, IA
Full Time
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