The Bank of Missouri · 5 hours ago

Commercial Loan Processor

Perryville, MO

Full-time

Remote

Entry Level

2+ years exp

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Financial Services

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Responsibilities

Perform full range of duties pertaining to the commercial loan processing functions, including, but not limited to the following: pull system inquiries to obtain credit history information on potential borrowers, verify information received on the borrower, answer customer inquiries, prepare all processing documents for new and refinanced loans.

Input new loans, disburse all funds, and post payments into the system according to procedures.

Obtain appropriate record research from state and county offices as necessary.

Check documents for proper vesting, security descriptions and closing dates.

Ensure that loan files contain documents with proper signatures, dates, and other relevant data.

File and record all documentation required to perfect all liens according to procedures.

Review initial insurance coverage.

Review file for missing documentation and communicate with originators/supervisor.

Image loan documents and ensure all signatures have been obtained.

Monitor lien perfection on titled property.

File extensions of UCC when applicable.

Qualification

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Loan processingDocumentation preparationCredit history analysisCustomer inquiry responseRecord research

Required

High school diploma or general education degree (GED); or two to three years related experience and/or training; or equivalent combination of education and experience.