Banking & Commercial Loan Processing Clerk, Sr. jobs in Anchorage, AK

GENERAL PURPOSE SUMMARY
Prepares and ensures accurate completion of loan documentation for commercial loans in accordance with all applicable procedures by performing the following essential duties and responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Obtains and reviews commercial loan applications and supporting documentation for information necessary to identify class, purpose, product, collateral, and borrower information including corporations, LLC's, partnerships, and Alaska Native Corporations.
2. Confirms identity of persons authorized to act on behalf of borrower, and reviews and collects information about collateral and the condition of title to collateral.
3. Assists more advanced loan processors, processing supervisors, and branch lending personnel in documenting encumbrances of title to collateral and satisfying requirements respecting insurance against loss to collateral in accordance with established procedures.
4. Prepares and compiles commercial loan documentation using bank loan production software.
5. Prepares loan documentation according to various investor guidelines.
6. Coordinates loan closing with branch lending personnel and/or performs loan closing with the customer assuring proper regulatory disclosure in accordance with established procedures.
7. Ensures correct billing, reporting, and collateral tracking by preparing and entering borrower, guarantor, cosigner, collateral, insurance, and other loan information on mainframe.
8. Properly disburses loan funds according to signed disbursement requests by preparing online or paper transactions including cashier's checks; and provides correct transaction entry information to branch personnel in order to correctly post and process loan transactions on the mainframe.
9. Collects information and documentation needed to complete the loan file by communicating with customers, insurance and title companies, and bank personnel.
10. Researches and responds to customer and branch personnel inquiries regarding loan documents, payment schedules, loan disbursements, payoffs, and other customer inquiries.
11. Performs other work-related duties as assigned by supervisor.