Loan Processor Full-Time
Loan Processing Representative
Location: Arena, WI
The Peoples Community Bank Position Description:
Performs a variety of duties in support of lenders. Interacts with other internal department personnel, and third-party providers to complete a variety of tasks associated with the origination of loans and the servicing of existing loans. Assures tasks are completed accurately, timely and professionally to ensure prompt and professional service to internal and external customers.
ESSENTIAL DUTIES- LOAN PROCESSOR
1. Obtains information related to the loan origination process including: ordering credit reports, appraisals, preliminary title reports, UCC searches, environmental reports, insurance information, flood certificates, Secretary of State filings and various other items.
2. Assists in the preparation of disbursement worksheets, loan documentation checklists and other communications necessary to properly document the credit files.
3. Provides assistance to loan officers including updating loan data for entry into the financial institution’s computers and assembling documentation.
4. Ensures that loan files contain documents with proper signatures, dates and other relevant data.
5. Assembles and verifies accuracy of loan documentation.
6. Checks documents for proper legal descriptions, closing dates and signatures.
7. Manages escrow accounts and releases funds to customers.
8. Manages files relating to hazard and other insurance policies that are in direct connection with financial institution loans.
9. Reviews new and renewal insurance policies.
10. Processes private mortgage insurance premiums for payment and reviews policies for cancellation options. Informs customers when private mortgage insurance is removed from loan contract.
HOURS: 38-40 hours per week. Monday through Friday 8am-5pm
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
OTHER JOB REQUIREMENTS:
Regular and predictable attendance.
Ability to travel to other branch offices as needed.
Communicate effectively in writing and verbally with individuals from all levels of the organization.
Effective analytical and problem solving skills.
CONFIDENTIALITY: Treats all information regarding the bank, its customers and employees with complete confidentiality according to all applicable federal and state regulations and generally accepted business practices.
EDUCATION and/or EXPERIENCE:
High school diploma. Knowledge of general banking policies/procedures.
Ability to effectively work with colleagues and on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes. Effective oral and written communication skills.
LANGUAGE SKILLS: Ability to read and comprehend simple instructions, short correspondence and memos. Ability to write simple correspondence Ability to effectively present information one-on-one and in small group situations to customers and other employees of the organization
COMPUTER SKILLS: Ability to use current off the shelf information systems for common office functions and ability to use the functional business systems as needed for this position.
MATHEMATICAL SKILLS: Ability to calculate figures and amounts such as discounts, interest, percentages. Ability to apply concepts of basic algebra and geometry.
REASONING Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in narrative, mathematical or diagram form and work with several abstract and concrete variables.
CERTIFICATES, LICENSES, REGISTRATIONS: Valid Wisconsin drivers license
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. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to walk; sit and use hands to finger, handle or feel. The employee is occasionally required to stand, reach with hands and arms, stoop, kneel, crouch or crawl; taste or smell.
The employee must frequently lift and or move up to 10 pounds and occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, color vision, peripheral vision and ability to adjust focus.
WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The noise level in the work environment is usually moderate.
