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Farmers Savings Bank · 1 month ago

Consumer/Residential Loan Processor

Mineral Point,WI,US

Full-time

Onsite

New Grad, Entry Level

Farmers Savings Bank is seeking a Consumer/Residential Loan Processor to join their Lending Department. The role involves processing consumer and residential loans, ensuring proper documentation, and supporting the lending team while maintaining compliance with regulatory guidelines.

BankingFinanceFinancial Services

Responsibilities

Efficiently and accurately prepares Consumer/Residential loan documentation as requested by lenders

Ensure that all loans are properly documented to limit bank risk

Supports lending team

Successfully interact with the lending staff to improve accuracies and efficiencies

Successfully complete ongoing training, review and communicate current or developing industry topics/concerns or standards

Must learn, develop, and maintain thorough knowledge of Loan Regulatory compliance to ensure all loans meet Regulatory guidelines and Bank Loan Policy

Pull credit reports with direction from the Lending Officer

Creates, maintains and prints reports from information on the Fiserv system

Drafts letters and/or memos as requested by the Loan Officers

Assists Officers in monitoring and maintaining participation loan files

Direct customer inquiries not involving the lending area to the proper department. Develop and maintain an understanding of bank operations, departments and products

Perform maintenance to customer loan accounts through the Fiserv system

Perform any and all other duties as requested by supervisor

Qualification

Loan processingRegulatory complianceFiserv systemCredit report analysisCustomer service

Required

Efficiently and accurately prepares Consumer/Residential loan documentation as requested by lenders

Ensure that all loans are properly documented to limit bank risk

Supports lending team

Successfully interact with the lending staff to improve accuracies and efficiencies

Successfully complete ongoing training, review and communicate current or developing industry topics/concerns or standards

Must learn, develop, and maintain thorough knowledge of Loan Regulatory compliance to ensure all loans meet Regulatory guidelines and Bank Loan Policy

Pull credit reports with direction from the Lending Officer

Creates, maintains and prints reports from information on the Fiserv system

Drafts letters and/or memos as requested by the Loan Officers

Assists Officers in monitoring and maintaining participation loan files

Direct customer inquiries not involving the lending area to the proper department

Develop and maintain an understanding of bank operations, departments and products

Perform maintenance to customer loan accounts through the Fiserv system

Perform any and all other duties as requested by supervisor

Comply with all Farmers Savings Bank policies and procedures including federal and state rules and regulations

Suggest change in work procedures and systems to accomplish to meet bank objectives more efficiently

Conduct relationships in a manner that will enhance the overall marketing effort of the bank

Participate with community organizations and in community projects