The Commercial Loan Processor calculates and processes payoffs, and releases titles and insurance interest. Processes loan payments and applies funds to customer accounts. Being a Commercial Loan Processor responds to customer inquiries and requests for net payoff quotes. Calculates and prepares refunds for customers that submit overpayments. In addition, Commercial Loan Processor may require an associate's degree or its equivalent. Typically reports to a supervisor or manager. Being a Commercial Loan Processor gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. Working as a Commercial Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Summary: Provides support to the Bank’s lending staff primarily through documenting, booking, follow-up on loans; processing payments/payoffs; filing of security documents, etc.
Must be highly organized, have the ability to multi-task, and have exceptional attention to detail.
Job Requirements:
- Candidate should have prior loan department or banking experience, but will train the right person
- Familiarity with LaserPro, CIM, Encompass, Excel, Word, and Outlook, preferred but not required
- Strong attention to detail; high level of professionalism
- Good communication skills and problem-solving abilities
- Exceptional organizational and time management skills
Full job description available upon request
Buffalo Federal Bank is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law.
Job Type: Full-time
Pay: From $17.00 per hour
Benefits:
Schedule:
Work Location: In person
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