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IBC Bank · 3 months ago

Commercial Loan Processor

Mcallen, TX

Full-time

Onsite

Entry Level

1+ years exp

IBC Bank is dedicated to the growth and success of its employees, customers, and communities. The Commercial Loan Processor prepares and ensures the timely and accurate completion of commercial loan documents, while assisting loan officers and maintaining compliance with regulatory requirements.

BankingFinancial ServicesInsuranceMortgageVenture Capital

Responsibilities

Prepares loan documents accurately and to close the loan as scheduled

Facilitates the timely ordering of required documents (title work, compliance documents, flood documents, appraisals) and any other documents necessary to prepare the loan documents, based on board policy and regulatory requirements

Audit the loan documentation to ensure that all documents are in order prior to loan closing paying close attention to detail in the preparation of documents

Upload loans onto the PCS system. Reviewing reports on input and verifying that information was entered correctly. Receive loan requests and ensures loan information is properly entered into the correct system for processing

Serve as a primary point of contact to assist internal and external stakeholders (lenders, customers, attorneys, title company) with various questions regarding loan closings

Consistently analyze all loan documentation during processing to ensure accuracy of data and adherence to company policies and regulatory to safeguard IBCs legal position with the loan

Create and maintain completeness of loan files both electronically and/or hard copies

Perform detailed audits of loan request to ensure accurate and timely delivery of loan documents

Monitor loan compliance with all applicable laws, regulations, and company policies

Create detailed reports for management related to all activities and status of loan processing

Other duties as assigned

Qualification

Loan documentation preparationRegulatory complianceMicrosoft WordMicrosoft ExcelBilingual (English/Spanish)Analytical skillsMicrosoft OutlookCommunicationOrganizational skillsCritical thinking

Required