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Centennial Bank · 1 day ago

Loan Processor, Recreational Finance

Elizabeth City, North Carolina, United States

Full-time

Onsite

New Grad, Entry Level

0+ years exp

Centennial Bank is a financial institution seeking a Loan Processor for Recreational Finance. The role involves generating documentation for Marine, RV, or Aviation loan requests and ensuring efficient loan processing through communication with various stakeholders.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Work with the broker/dealer and all other parties involved to schedule loans for closing

Prepare and process all SPF loan documents based on the loan approval, purchase agreement, settlement sheet and any other documents pertaining to the transaction

Verify all documentation provided by the loan officer and underwriter when the loan is approved

Close approved loans ensuring that all policies have been followed in the approval of the loan, all signatures are on all documents, and loan documentation includes the correct data and notarization

Stay knowledgeable of the banks policies, procedures and guidelines to ensure bank compliance

Stay current of all new changes in regulations and compliance

Collaborate with the Retail Credit Administrator, Retail Loan Manager and the Compliance Department to stay current on regulatory changes

Sort and code final collateral and credit loan documents to scan into the archive system

Communicate with attorneys, insurance agents, documentation agents, and clients to ensure the prompt and efficient processing of loan requests

Ensure that all required disclosures and checklists are completed in a timely and accurate manner

Complete the loan process by funding and preparing the completed loan package for scanning and uploading into the Bank's loan system

The ability to work in a constant state of alertness and in a safe manner

Completes required BSA/AML training and other compliance training as assigned

Perform any other related duties as required or assigned

Qualification

Loan processing experienceMicrosoft ExcelMicrosoft WordMicrosoft OutlookAttention to detailMulti-taskingMathematical skillsVerbal communicationWritten communicationCritical thinking

Required

High school or GED, plus specialized schooling and/or on the job education in a specific skill area; e.g. data processing, clerical/administrative, equipment operation, etc

7 to 11 months years related experience and/or training, or equivalent combination of education and experience

Ability to read, analyze, and understand general business/company related articles and professional journals

Ability to speak effectively before groups of customers or employees

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume

Ability to apply concepts such as fractions, ratios, and proportions to practical situations

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists

Ability to interpret a variety of instructions furnished in written, oral, or diagram formats

Basic understanding of lending principles

Working knowledge of Microsoft Outlook, Word and Excel

Good verbal and written communication skills

Ability to multi-task in a fast paced environment and meet deadlines

High attention to detail

Preferred

Experience in loan processing

Company

Centennial Bank

Centennial Bank offers businesses, investors, and municipalities a wide range of commercial, retail banking, and related financial services.

Founded in 1999

Conway, Arkansas, USA

1001-5000 employees

https://www.my100bank.com/

H1B Sponsorship

Centennial Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1)

2021 (1)