PointBank · 11 hours ago
Loan Operations Real Estate Processor
Pilot Point, TX
Full-time
Onsite
New Grad, Entry LevelPoint Bank is a financial institution focused on providing banking services. They are seeking a Loan Operations Real Estate Processor to manage the processing, closing, funding, and servicing of consumer and commercial loans while ensuring compliance with regulatory rules and bank policies.
Financial Services
Responsibilities
Promote, market, and facilitate the overall sale of products of the bank
Contribute to the bank's growth by the effective sale of bank services to new and existing customers with emphasis on courteous and professional service
Perform the duties related to processing, closing, funding and servicing of consumer and commercial loans
Monitor the closing of loan relationships and make sure loans are closed in timely, organized fashion while maintaining compliance with regulatory rules and laws as well as bank policy
Identify and take advantage of opportunities to promote and refer bank products and services to satisfy customers' financial needs and goals and direct them to the appropriate staff
Follow policies and procedures to facilitate processing for all real estate (commercial, construction, residential, etc), commercial equipment, and aircraft loans and complete all transactions in unison with loan officer; be a liaison with Loan Officer
Ensure that all required documentation is present in the loan request as contained in the real estate checklist
Obtain necessary applications, disclosures, fees, etc
Once loan is approved, prepare closing package and order necessary loan information to complete each transaction, such as but not limited to: appraisals, title work for real estate loans and aircraft, loan documents, surveys, insurance, etc
Obtain needed documentation and loan document requests to attorney and/or third parties
Review real estate loan documents for accuracy and obtain corrections as needed
Book/fund loans once closed in accordance with the requirements of the loan approval and loan documents, and reviewed for accuracy and completeness, including appropriate exception approvals
Prepare and give to the SVP/Sr. Credit Officer the booking checklist within 72 hours of booking
Ensure that all legal documents have been filed for recording with the appropriate agencies
Ensure receipt of title policy from title companies and review for accuracy
Prepare real estate loan folder and image all documents within 72 hours of receiving originals
Prepare renewals, extensions and Modifications
Assist with construction project advances/draws and become proficient with Bank Labs
Ensure that all necessary approvals have been obtained and are scanned with the loan file
Perform annual escrow analysis
Monitor and clear delinquent property taxes
Maintain a productive workflow as a member of a professional team
Scanning and verifying loan files and any other documentation, as needed, imaging system
Set-up and monitor loan documentation exception tracking and clearing
Collateral maintenance; processing vehicle title registrations and filing UCC Financing Statements/Continuations
Insurance tracking and monitoring
Process insurance and real estate tax payments from escrow accounts
Process draws/advance requests on loans/lines of credit
Quote and process loan payoffs
Process closed loans, to include preparing lien releases and mailing documentation
Review lien releases prepared by others
Balance and reconcile assigned General Ledger accounts
Process monthly payments for all purchased loans
Cross train in all areas of the department and rotate duties periodically
Train on new tasks as they are assigned to the department
Assist in writing and updating procedures
Troubleshoot and provide assistance to employees/customers on any inquiries, customer service issues, disputes, etc
Attend all meetings and complete all training required to ensure regulatory compliance
Comply with all applicable Federal and State regulations and guidance associated with the performance of your job function
Comply with all applicable BSA/AML/OFAC policies and procedures associated with the performance of your job function, including participation in required training and identifications of suspicious activity
Responsible for making suggestions to improve branch/departmental operations and overall bank
Perform other duties and assignments within the bank at Management's request; accept periodic cross-training, works in other branches if needed
Qualification
Required
Perform the duties related to processing, closing, funding and servicing of consumer and commercial loans
Monitor the closing of loan relationships and make sure loans are closed in timely, organized fashion while maintaining compliance with regulatory rules and laws as well as bank policy
Identify and take advantage of opportunities to promote and refer bank products and services to satisfy customers' financial needs and goals and direct them to the appropriate staff
Follow policies and procedures to facilitate processing for all real estate (commercial, construction, residential, etc), commercial equipment, and aircraft loans and complete all transactions in unison with loan officer; be a liaison with Loan Officer
Ensure that all required documentation is present in the loan request as contained in the real estate checklist
Obtain necessary applications, disclosures, fees, etc
Once loan is approved, prepare closing package and order necessary loan information to complete each transaction, such as but not limited to: appraisals, title work for real estate loans and aircraft, loan documents, surveys, insurance, etc
Obtain needed documentation and loan document requests to attorney and/or third parties
Review real estate loan documents for accuracy and obtain corrections as needed
Book/fund loans once closed in accordance with the requirements of the loan approval and loan documents, and reviewed for accuracy and completeness, including appropriate exception approvals
Prepare and give to the SVP/Sr. Credit Officer the booking checklist within 72 hours of booking
Ensure that all legal documents have been filed for recording with the appropriate agencies
Ensure receipt of title policy from title companies and review for accuracy
Prepare real estate loan folder and image all documents within 72 hours of receiving originals
Prepare renewals, extensions and Modifications
Assist with construction project advances/draws and become proficient with Bank Labs
Ensure that all necessary approvals have been obtained and are scanned with the loan file
Perform annual escrow analysis
Monitor and clear delinquent property taxes
Maintain a productive workflow as a member of a professional team
Scanning and verifying loan files and any other documentation, as needed, imaging system
Set-up and monitor loan documentation exception tracking and clearing
Collateral maintenance; processing vehicle title registrations and filing UCC Financing Statements/Continuations
Insurance tracking and monitoring
Process insurance and real estate tax payments from escrow accounts
Process draws/advance requests on loans/lines of credit
Quote and process loan payoffs
Process closed loans, to include preparing lien releases and mailing documentation
Review lien releases prepared by others
Balance and reconcile assigned General Ledger accounts
Process monthly payments for all purchased loans
Cross train in all areas of the department and rotate duties periodically
Train on new tasks as they are assigned to the department
Assist in writing and updating procedures
Troubleshoot and provide assistance to employees/customers on any inquiries, customer service issues, disputes, etc
Attend all meetings and complete all training required to ensure regulatory compliance
Comply with all applicable Federal and State regulations and guidance associated with the performance of your job function
Comply with all applicable BSA/AML/OFAC policies and procedures associated with the performance of your job function, including participation in required training and identifications of suspicious activity
Responsible for making suggestions to improve branch/departmental operations and overall bank
Perform other duties and assignments within the bank at Management's request; accept periodic cross-training, works in other branches if needed
Company
PointBank
PointBank is a bank providing banking, wealth management, and investment services.
Founded in 1884
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase