American Bank of Freedom · 14 hours ago
Commercial Loan Processor
Branch 04 - Wright City, MO 63390
Full-time
Onsite
Entry Level
$20/hr - $25/hr
1+ years expAmerican Bank of Freedom is seeking a Commercial Loan Processor to manage various aspects of loan operations. The role involves documentation of commercial, residential, and consumer loans, ensuring compliance with regulations, and assisting loan personnel in departmental operations.
Banking
Responsibilities
Assist with gathering documentation from prospective and existing customers
Complete internal checklists ensuring compliance with regulations, internal policies and procedures with accuracy for all new loan requests, renewals and modifications of existing loans
Review and analyze entity related due diligence to determine good standing, signer or potential risks
Identify all exceptions and any missing documentation; work with Loan Officers and others to clear exceptions revealed on searches (i.e., liens; judgments; title exceptions; corporate structure; etc.)
Complete UCC searches and file new UCC’s when appropriate
Pull flood determinations, obtain signatures and flood insurance if needed
Request and review hazard insurance and flood insurance for adequate coverage amounts
Provide required compliance documents to consumer in accordance with federal regulations and adherence to compliance policies
Complete required documentation in Laser Pro following the approved loan request
Perform pre-closing review of loan file to determine completeness and accuracy and that all exception items have been resolved before presenting for review prior to closing
Schedule/coordinate title company closings; prepare closing instructions
Coordinate funding of loans via wires/checks
Upload new loans from Laser Pro to Fiserv, completing all required fields
Disburse loan expenses and perform any other required file maintenance
Complete HMDA data and Beneficial Ownership worksheets
Assist customers with loan advances, payments, loan questions/inquiries, etc
Complete required training associated with job function and perform other related duties as assigned
Qualification
Required
Good computer skills including knowledge of word and excel functions
Must be able to work with detailed information in an accurate, timely and confidential manner
High level of interpersonal skills to interact with others in a professional manner
Adequate knowledge of internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of job duties
High School diploma or equivalent
Preferred
Associates preferred
1-3 years banking or loan experience preferred
Understanding of loan structures, Laser Pro loan software and Fiserv Core system preferred
Company
American Bank of Freedom
We are a full service community bank specializing in SBA, Commercial & Real Estate Loans as well as Treasury Management & we offer a full range of deposit related services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Craig Daily
Chief Lending Officer
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