First Bank and Trust Company · 4 months ago
Commercial Loan Processor
Richmond, VA, US
Full-time
Onsite
Mid Level
3+ years expFirst Bank and Trust Company is hiring a Commercial Loan Processor to support their Commercial Loan Officers in Richmond, Virginia. The role involves processing commercial loans, maintaining confidentiality, and assisting with various clerical duties related to loan documentation and customer interaction.
BankingFinanceFinancial Services
Responsibilities
Support the Commercial Loan Officers
Communicates directly with commercial loan customers to obtain the necessary information to get the loan completed
Maintains confidentiality in all aspects of customer and company information
Performs general clerical duties, including but not limited to mailing, filings, copying and faxing
Composition of correspondence and organization and maintenance of commercial file system
Assistance to loan officer in preparing loan packages and loan commitment letters including obtaining credit reports and order appraisals
Creates and maintains organized loan files, to include filing and scanning of applicable loan documents
Create, generate, and modify all proper loan documents completely pre-closing and post-closing correctly with quality as best as possible
Coordinates loan closings
Interact with customers to ensure that the loan process runs smoothly
Process declined and withdrawn loan files
Assist lender with past due loans and generate past due letters and documents
File and distribute organization and loan correspondence, records, and reports to proper file location
Prepare responses to correspondence containing routine inquiries and payoffs
Generate wire transfer documentation and process
Prepare correspondence and handle customer inquiries and provide information including resolving loan payment/billing questions and payoffs
Communicate and process payoffs including release of UCC filings and Certificates of Satisfaction
Track and monitor loan exceptions and rectify
Refer customers to bank area for information regarding other bank products
Perform other duties as assigned by commercial loan officers
Qualification
Required
Associates' degree in Accounting, Finance, Economics, Business Administration, or a related field
Minimum of 3 years of experience in loan processing or related banking field
Working knowledge of Excel, and Word
Excellent communication skills, both written and verbal
Communicate effectively and conformable engaging with clients
Math, analytical, and accounting skills
Benefits
PTO Leave is 20 days per year earned on a monthly basis.
First Bank and Trust recognizes 11 paid holidays, when the holidays occur during the work week.
Medical, Dental and Vision Insurance starts the 1st day of the month after hire date.
Employees are automatically enrolled in the bank's 401K/ESOP Plan.
First Bank and Trust provides basic life insurance coverage equal to two times an employees' base salary.
First Bank and Trust provides long-term disability insurance coverage.
Company
First Bank and Trust Company
First Bank and Trust Company operates 27 full-service offices and 9 loan production offices across Virginia, Tennessee, and North Carolina.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Raleigh Hayter
SVP & Chief Credit Officer
Matt Linder
Chief Information Officer / Head of Digital Banking
Recent News
2025-10-03
Company data provided by crunchbase