Commercial Loan Processor

Job Description:

Position Summary:

The Commercial Loan Processor is responsible for processing commercial loans, ensuring compliance with regulatory standards. The incumbent is responsible for management of loan closings and post-closing process and the ongoing loan servicing responsibilities.

Primary Responsibilities and Duties:

• Order and review due diligence reports according to established guidelines and specific transaction approvals.
• Review and process commercial loan applications. Ensure all applications are complete, accurate, and meet our lending criteria.
• Prepare commercial loan document packages and submit to Sr. Commercial Loan Processor for review and approval prior to proceeding with closing.
• Perfect the credit union's lien on various types of collateral, i.e. filing mortgage, placing lien on titled vehicles, recording UCC financing statements.
• Review final closing do...