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)
Job Overview
We are seeking a detail-oriented and organized Document Processor to join our banking team. You'll be assisting with receiving loan documents via mail and digitally. Prior work experience handling bank loans and commercial loans is a MUST
Duties
- Collect, scan, index and organize loan documents from various sources
- Knowledge of “Onbase” for document management is a big plus
- Prior work experience handling loans - understanding of loan terms and conditions, loan agreements, facility numbers/customer numbers, Trust Certificates and Promissory Notes., etc.
- Document document custody maintenance and maintianing a log of promissory notes.
- Enter data into computer systems with precision
- Assist with administrative tasks as needed
Requirements
- BA degree
- 3-5 years’ experience commercial loan experience
- Able to work a 40 hour work week for a min of six months with a possible extension
- Hybrid role. Able to work onsite two to three days per week (two of the days must be Tuesday and Wednesday)
Job Types: Contract, Temporary
Pay: $24.00 - $26.00 per hour
Expected hours: 40 per week
Schedule:
Work Location: In person
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