First National Bank Alaska · 9 hours ago
Central Loan Processor IV
First National Bank Alaska is recognized as the Best Place to Work in Alaska and is seeking an experienced Central Loan Processor IV. This role involves providing technical and administrative support to loan officers, processing and closing complex commercial loans, and ensuring compliance with bank policies and regulations.
Banking
Responsibilities
Assists one or more loan officers composing and preparing correspondence and compiling complex loan documentation and transaction information including multilevel borrowing entities such as corporations, LLC’s, Partnerships, and Native organizations
Acts as liaison between loan officer and borrower to obtain financial, borrower, collateral information and all other supporting documentation
Determines whether borrower documentation satisfies established bank procedures by reviewing title, appraisal, environmental, and engineer reports; as-built survey’s; and flood certifications. Reports findings to loan officer and may assist with compilation of collateral evaluation and/or environmental report
Confirms documentation or relative priority of bank’s security interest. Processes Lines of Credit and Construction Loan disbursement requests
Obtains documentation required by investor or guarantee partners including AIDEA, SBA, AHFC and BIA by interacting with investors, customers and loan officers
Reviews loan files, identifies any exceptions to bank policy or procedure and prepares Loan Information Sheet for review and approval by loan officer
Reviews loan documents prior to closing with borrower. Confirms loan documents conform to authorized terms of proposed transaction
Assists supervisor with review of commercial loan documentation preparation; assists with training loan processors and management associates
Performs other work-related duties as assigned supervisor
Ensure business unit’s operations comply with bank policy, procedures, and banking regulations (for business unit heads)
Ensure you and your delegates have adequate and current compliance training and ensure training is completed on time
Stay updated on relevant laws and regulations
Ensure you and your delegates comply with the bank’s policies, procedures, laws and regulations
Maintain customer confidence and protect the bank’s operations by you and your delegates by identifying and protecting confidential information
May supervise lending support staff. Carries out responsibilities in accordance with the organization’s policies and procedures. Responsibilities may include interviewing, making hiring recommendations, training employees, planning, assigning, and directing work, appraising performance, addressing complaints and problem resolution
Qualification
Required
Bachelor's degree in business, accounting, finance, or related field and one year banking, real estate, commercial lending, or related experience
Three years banking, real estate, commercial lending, or related experience
Equivalent combination of education/training and experience
Ability to keyboard 35 wpm and operate a 10-key calculator by sight
Familiarity with tax returns and financial reports necessary
Must be a self-starter requiring only general supervision
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, business correspondence, and assists with procedure manuals
Ability to effectively present information and respond to questions from groups of managers, customers, and the general public
Ability to work basic mathematical concepts, such as probability and statistical inference
Ability to apply concepts, such as fractions, percentages, ratios, and proportions to practical situations
Ability to define problems, collect data, establish facts, and draw valid conclusions
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form, and deal with several variables
Preferred
Bachelor's degree in business, accounting, finance, or related field plus two years banking, real estate, commercial lending, or related experience
Four years banking, real estate, commercial lending, or related experience
Equivalent combination of education/training and experience
One-year customer service, mortgage lending, escrow, title insurance, loan servicing, or related experience
Windows based word processing and spreadsheet skills preferred