Loan Processor-Commerical

Location:  This position works onsite in our Loan Operations Department in Ste. Genevieve, MO.  

Reports to:  Loan Operations Manager

Classification: Full-Time/Non-Exempt
Monday-Friday, 8am-5pm (with rotating every 4th Saturday, 8am -noon)

Summary/Objective
The focus of this job is on producing high quality, detailed work based on established standards, guidelines and procedures. Precise, consistent work output is essential requiring patience and a willingness to handle and complete one task at a time. The job environment is stable, based on known relationships with people and well-defined processes. Job knowledge and competency is built through structured step-by-step training and positive, supportive coaching from management and peers. Communication with others is based on knowledge of repetitive job routines and procedures gained from sufficient on the job experience. Consistent, error free work based on defined regulations and standards are key measures of job performance success. The job environment promotes steady, methodical work output so that job routines can be completed on time and error-free. This position is designed to develop a valued technical expert, who, recognized and supported by management and a stable work environment, can deliver quality work on a consistent basis.  

People who enjoy and stay engaged love working in a professional work environment where we bring accountability to work and are analytical.  The co-workers in this department are serious, disciplined, sincere, reserved and quiet.  

Job Characteristics include working: 
 

• Steady, even pace to promote accuracy and quality of work.
• Repetitive routines
• Complete set of procedures and tasks completed before new ones are begun
• Technical/analytical focus Work within established systems, standards, and procedures
• Communication based on job knowledge and expertise
• Decision-making within clearly defined job scope Based on defined policies and procedures
• Supported by management
• Focused on job knowledge and expertise Helpful, supportive communication with management and peers
• Collaborative approach in structured job environment
• Leadership focused on consistent, accurate, quality work output
• Supportive, non-threatening leadership style
• Delegation to others when appropriate, using training, coaching and on the job experience

Essential Functions

• Maintains trustworthiness, character, professionalism, confidentiality and honesty in dealing with internal or external customers;
• Help personal banker and loan officers with questions regarding processing, underwriting and closing of loans;
• Process loans applications in a timely manner;
• Order appraisals, obtain payoffs and releases, credit reports, OFAC, HELOC checks, geocodes, flood certs, homeowners insurance and other required documents to complete the loan file;
• Coordinate and work with title companies;
• Prepare loan documents;
• Scanning loan documents;
• Based on underwriting decision, finish process for loan closing or mail adverse action notice to borrowers.
• Coordinates closings;
• Maintain weekly and monthly reports as required by management;
• Booking and funding of closed loans;
• Review loan file files for completeness, accuracy and compliance standards;
• Upload loans on our system;
• Completing draws and advances on loans;
• Processing loan payments including setting up auto transfers, a one-time ACH, one time from a deposit account;
• Assist loan department in the collection of information for annual reviews;
• Collection of information required on the “Exception Report”;
• Adheres to MRV Banks’ Standards, supporting a favorable environment for open communication and addresses concerns or problems in an open manner;
• Research and resolve problems, acting as liaison between other bank departments when necessary;
• Maintain the bank’s files for customer safekeeping receipts, loan and trust collateral receipts, commercial resolutions, powers of attorney, court orders, levies, miscellaneous deposit documentation and general correspondence;
• Maintains attendance with the ability to work a schedule that may include working overtime, nights, weekends and holidays;
• Completes and performs any other duties as assigned.

Competencies

1. Organizational Skills.
2. Time Management
3. Problem Solving/Analysis.
4. Teamwork Orientation.
5. Initiative.
6. Attitude.
7. Technical Capacity.

Supervisory Responsibility

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, filing cabinets, fax machines and scanners.

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. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.  Occasional lifting & bending related to document filing and maintaining branch supplies is required as needed.

Required Education and Experience

• High School Diploma or G.E.D.
• Effective Written and Oral Communication Skills.
• Ability to Work as Part of a Team.
• Must be able to Multi-Task.

Preferred Education and Experience

• Bank or Professional Office Experience 
• Prior loan processing experience.

Additional Eligibility Qualifications

None required for this position.

MRV Banks is an Equal Opportunity Employer. MRV Banks is committed to providing equal opportunity and advancement to all qualified employees and applicants without regard to race, color, ancestry, national origin, sex, gender (including pregnancy), gender identity, sexual orientation, religion, disability, handicap, military or veteran status or any other legally protected status. Employee Polygraph Protection Act | | Right to Work | EEO Supplement

Applicants must be able to pass a drug test, background check, credit check, reference check and drug test.