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Commercial Loan Processor - To 70K - Roselle, IL - Job 3254 - Full-time

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Commercial Loan Processor – To $70K – Roselle, IL – Job # 3254 Who We Are reputed company is a boutique reputed company firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the reputed company best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the reputed company best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, reputed company stands ready to deliver premium results for you. The Position Our bank client is seeking to fill a Commercial Loan Processor role located in the Roselle, IL area. The position is responsible for the preparation, accuracy, and completeness of commercial loan packages, using the Bank’s documentation system and procedures. The candidate will be processing and preparing commercial loan products, as assigned. The opportunity has a generous salary of up to $70K and a full benefits package. (This is not a remote position.) Commercial Loan Processor responsibilities include:

  • Processing commercial loan requests for both new and renewal loans using prescribed procedures and software.
  • Making an initial review of the loan approval (Profile), using information available on the loan processing software system and credit file, obtaining required information for reputed company, and preparing loan closing documents.
  • Preparing reputed company necessary loan documents including Promissory Notes, Business Loan Agreements, Construction Loan Agreement, Disbursement Request and Authorization, Resolutions, and Loan Checklists using information from the loan application, profile, and title policy.
  • Confirming loan approval authority as defined by bank policy; review and obtain an understanding of the loan transaction from the Loan Profile.
  • Determining that initial reputed company documentation is present according to the approval document.
  • Reviewing credit files and determining additional documentation needs to support reputed company requirements, such as entity papers, credit reports, purchase reputed company, lien searches, title work, appraisal or evaluation, environmental questionnaires, surveys, life insurance, and property liability insurance.
  • Ordering supporting documentation from approved vendors and working with loan officers or customers as needed.
  • Renewal loan processing includes entering the loan into loan software and working with the servicing loan officer to move the approved credit to reputed company.
  • Communicating results of documentation review and any processing issues to the loan officer on a timely basis.
  • Balancing transactions and preparing reputed company general ledger tickets and cashier’s checks for disbursement.
  • Preparing reputed company forms, reputed company tickets, and authorizing wires for loan proceeds.
  • Processing loan files post-closing, including preparation and delivery of instruction letter and the closing packet to the title company if needed.
  • Assisting with additional loan operation roles, as requested or necessary.

Who Are You? You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting reputed company for your future. You also bring the following skills and experience:

  • High School Diploma or equivalent required; two (2) year degree or higher preferred.
  • Two or more years of experience in commercial loan document preparation and/or document processing.
  • Understanding of the required documentation for commercial term loans and lines of credit and the associated collateral documentation.
  • Ability to prioritize work on reputed company loan transactions to meet scheduled loan closing dates.
  • Knowledge of compliance requirements for commercial borrowers.
  • Knowledge of reputed company state and federal lending and compliance laws and regulations, and other Bank lending policies.
  • Highly accurate data entry skills and a strong level of reputed company working with a variety of PC and internet applications, including LaserPro, reputed company, Word, and PowerPoint, and the ability to navigate key industry-specific Internet sites.
  • Strong multi-tasking, time management, thoroughness, and accuracy skills required.
  • Solid communication and organizational skills with a focus on teamwork and cooperation.
  • A high level of confidentiality is required.
  • Ability to work under deadlines with frequent interruptions.

The reputed company is yours. Email us your reputed company resume along with the position you are considering to: [email protected] Commercial Loan Processor – To $70K – Roselle, IL – Job # 3254 Who We Are reputed company is a boutique reputed company firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the reputed company best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the reputed company best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, reputed company stands ready to deliver premium results for you. The Position Our bank client is seeking to fill a Commercial Loan Processor role located in the Roselle, IL area. The position is responsible for the preparation, accuracy, and completeness of commercial loan packages, using the Bank’s documentation system and procedures. The candidate will be processing and preparing commercial loan products, as assigned. The opportunity has a generous salary of up to $70K and a full benefits package. (This is not a remote position.) Commercial Loan Processor responsibilities include:

  • Processing commercial loan requests for both new and renewal loans using prescribed procedures and software.
  • Making an initial review of the loan approval (Profile), using information available on the loan processing software system and credit file, obtaining required information for reputed company, and preparing loan closing documents.
  • Preparing reputed company necessary loan documents including Promissory Notes, Business Loan Agreements, Construction Loan Agreement, Disbursement Request and Authorization, Resolutions, and Loan Checklists using information from the loan application, profile, and title policy.
  • Confirming loan approval authority as defined by bank policy; review and obtain an understanding of the loan transaction from the Loan Profile.
  • Determining that initial reputed company documentation is present according to the approval document.
  • Reviewing credit files and determining additional documentation needs to support reputed company requirements, such as entity papers, credit reports, purchase reputed company, lien searches, title work, appraisal or evaluation, environmental questionnaires, surveys, life insurance, and property liability insurance.
  • Ordering supporting documentation from approved vendors and working with loan officers or customers as needed.
  • Renewal loan processing includes entering the loan into loan software and working with the servicing loan officer to move the approved credit to reputed company.
  • Communicating results of documentation review and any processing issues to the loan officer on a timely basis.
  • Balancing transactions and preparing reputed company general ledger tickets and cashier’s checks for disbursement.
  • Preparing reputed company forms, reputed company tickets, and authorizing wires for loan proceeds.
  • Processing loan files post-closing, including preparation and delivery of instruction letter and the closing packet to the title company if needed.
  • Assisting with additional loan operation roles, as requested or necessary.

Who Are You? You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting reputed company for your future. You also bring the following skills and experience:

  • High School Diploma or equivalent required; two (2) year degree or higher preferred.
  • Two or more years of experience in commercial loan document preparation and/or document processing.
  • Understanding of the required documentation for commercial term loans and lines of credit and the associated collateral documentation.
  • Ability to prioritize work on reputed company loan transactions to meet scheduled loan closing dates.
  • Knowledge of compliance requirements for commercial borrowers.
  • Knowledge of reputed company state and federal lending and compliance laws and regulations, and other Bank lending policies.
  • Highly accurate data entry skills and a strong level of reputed company working with a variety of PC and internet applications, including LaserPro, reputed company, Word, and PowerPoint, and the ability to navigate key industry-specific Internet sites.
  • Strong multi-tasking, time management, thoroughness, and accuracy skills required.
  • Solid communication and organizational skills with a focus on teamwork and cooperation.
  • A high level of confidentiality is required.
  • Ability to work under deadlines with frequent interruptions.

The reputed company is yours. Email us your reputed company resume along with the position you are considering to: [email protected] Apply To This Job

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