Commercial Loan Processor

Duties and responsibilities include but are not limited to the following:

• Process all loans as assigned, including the most complex files. 
• Responsible for clearing conditions and issuing changes to the terms on previously approved loans. 
• Responsible for verifying conditions of approval which may include, but not limited to client income/assets documentation, resolve routine title issues including, but not limited to the following: vesting issues, child support liens, judgment liens, mechanic liens and undisclosed lien reconveyances. 
• Analyze, understand, and interpret loan policy and apply to loan requests.
• Evaluate loan documentation and clear conditions as per delegated authority. 
• Ensure accurate, complete, and timely loan data on processing system.
• Obtain credit reports, flood determination reports, title examinations and appraisal information. 
• Communicate with attorneys in preparation of documents. 
• Review all prepared documents for accuracy prior to loan closing.
• Ensure all documentation is regulator compliant (i.e. Reg B, HMDA, Flood Certifications, etc.) 
• Ensure that all documents have proper signatures, dates, disclosures, and other relevant data. 
• Work closely with other members of department to ensure exceptional service is provided to client base. 
• Ensure loans are booked correctly and collateral is forwarded to appropriate department. 
• Perform research needed to resolve client problems in a timely manner. 
• Serve as backup to other documentation specialists. 

Desired Skills and Qualifications:

• Detailed knowledge of processing, underwriting, and closing procedures. 
• In-depth knowledge of credit union’s policies and procedures, lending procedures and credit policies. 
• In-depth understanding of computer loan system. 
• Proven computer skills.
• Develop and maintain an understanding of credit union history, philosophy, organization, bylaws, and operational procedures. 
• Knowledge of federal lending regulations. 
• Ability to analyze policies, procedures and guidelines in a way that maximizes productivity but protects the level of risk desired. 
• Must be able to establish productive business interpersonal relationships with others inside and outside the organization and to work with little direct supervision in carrying out the responsibilities assigned. 
• Must have working knowledge of Microsoft Office products and Internet Explorer. 
• Must have flexibility in working schedule; may be required to work weekends and/or extended hours. Reliable attendance is critical. 
• Ability to operate standard business equipment: fax, copiers, printers, calculators, computers, etc. 
• Ability to present professional image. 
• Ability to handle sensitive documents or other confidential information. 
• Ability to work well under pressure. 
• Ability to perform multiple job functions and tasks with minimum supervision. 
• Ability to communicate and work well with all levels of employees, officers, and directors. 
• Must have attention to detail, and ability to meet deadlines and deal tactfully with clients (internal and external).
• College degree preferred, with a demonstrated mastery of loan processing principles: however, a combination of experience and education may be substituted for degree requirements. 
• Experience and overall understanding of loan systems and various related host systems.

 Physical Requirements:

• Normal office environment with little exposure to dust, noise and temperature. 
• Sitting for long periods. 
• Standing, bending, and lifting up to 20 pounds. 
• Extended viewing of computer screen. 
• Occasional travel to branch offices, seminars, and various training courses may be required. 

• Paid Holidays
• Paid Time Off (Vacation, Sick and Personal Days)
• Medical, Dental and Vision Insurance
• 401(k) retirement program with matching funds
• Employer paid Group Term Life Insurance, Short Term and Long-Term Disability Insurance
• Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.