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Bank of Marin · 2 months ago

Loan Processing Associate

Rancho Cordova, CA

Full-time

Onsite

Entry Level

$24.99/hr - $33.72/hr

2+ years exp

Bank of Marin is a growing public company recognized as one of the “Best Places to Work” in the North Bay Business Journal. They are seeking a Loan Processing Associate to join their Credit Risk Management team, responsible for processing consumer loan applications and ensuring compliance with lending guidelines.

BankingConsultingWealth Management

Responsibilities

Process approved loan applications and may prepare declination letters

Review all loan packages to ensure that they are in compliance with currently regulatory standards. In addition, keep track of the loan process from initial application to funding

Order all necessary reports, such as Preliminary Title Report, Insurance, etc. Verify that all data is correct

Work in conjunction with approving Credit Officer to obtain necessary information to close the loan within a timely manner

Coordinate the close of escrows, including review of final loan documents, funding, etc

Complete an in-progress checklist as the loan flows through the various processes

Handle Borrower Communication, monthly renewal tracking and payment delinquencies

Support Audit and Regulatory Reviews

Update team on changes to lending laws and guidance

Complete credit requests from other departments

Qualification

Loan Origination SystemRegulatory complianceBanking experienceData entryCommunication skills

Required

Minimum 2 - 4 year's relevant banking experience and/or training; or equivalent combination of education and experience

Associate's degree (A.A.) or equivalent from two-year college or technical school; or equivalent combination of education and experience and/or training