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Home Bank SB

Commercial Loan Processor

Home Bank SB, Martinsville, Indiana, United States, 46151

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SUMMARY The commercial loan processor position is part of the commercial lending department and reports to the commercial credit analyst. The primary responsibility of this position includes managing the workload of the commercial processing department. This includes but is not limited to processing and document preparation for new loans, balancing loan accounts and tracking exception items. This position will serve as a liaison between the lender and the customer when questions arise regarding the status of an impending loan. Other duties covered by this position include completing loan closing documents and assisting customer with loan questions, payments and payoff, making sure that tasks are completed in a timely manner, and making sure that the workload is spread evenly between all commercial loan processors.

ESSENTIAL FUNCTIONS Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Provide loan processing support for commercial loans. This will involve underwriting support, loan documentation preparation, loan booking, and loan maintenance.

Maintain knowledge of current loan documentation guidelines for commercial loans to perfect the banks lien on the collateral.

Assist with the processing of loan payments and advances for the loan operations department.

Responsible maintaining loans in pending for progress, including ordering and tracking appraisals, title work, and other information necessary for loan closing.

Conduct the preliminary file review prior to loan closings to ensure all documentation is accurate.

Preparing and mailing denial letters, processing paid loans, as well as prepare loan advances.

Scan lending documents and processing rate changes.

Answer customer questions and make any necessary corrections to the customer's file.

Answer customer questions that arise during the loan process and on an on-going basis thereafter.

Handle SBA loan monitoring, payment processing and correspondence with our SBA servicing agent.

Handle participation loan monitoring, payment processing and correspondence with participant banks.

Maintain, review and process insurance certifications and tracking to ensure all collateral insurance is up to date.

As part of the overall loan operations team, this position may be requested to assist in the support of other bank activities including other lending areas and departments of the bank.

COMPETENCIES Communicating

Communicates in a straightforward and assertive fashion

Updates relevant people with timely information

Listens carefully to what others are saying

Respects and considers all opinions, even counter-opinions

Demonstrating Integrity

Assumes responsibility for mistakes and failures

Demonstrates consistency between what is said and what is done

Behaves according to sound ethical and legal standards

Working with Others

Is respectful of others

Balances individual goals with team goals

Builds and maintains productive relationships with people throughout the organization

Adapting to Change

Maintains composure in frustrating situations

Demonstrates flexibility in working with others

Adapts to help others adapt to change

Lending with Prudence

Learns about each customer's unique financial situation

Learns about each customer's credit and ability to repay their loans

Follows the bank's lending policies and procedures

Ensures that the bank makes prudent lending decisions

Ensures compliance with all relevant laws and regulations

Representing the Bank

Answers customer questions and fully addresses their concerns

Manages difficult customer situations and treats others with respect

Maintains a neat and professional appearance

Maintains an overall knowledge of the bank's products and services

Cross-sells the bank's products and services to its customers and prospects

Professional Excellence

Prepares useful and timely reports for a variety of different purposes

Ensures the reliability of prepared documents

Demonstrates a consistently high level of professional judgement

Maintains independence and objectivity in carrying out job responsibilities

JOB KNOWLEDGE

Strong business and financial knowledge

Loan Processor job knowledge

Knowledge of department-related financial services regulations and compliance

Knowledge of lending and lending policies and procedures

Strong knowledge of the company's products and services

Knowledge of the company's operations and management

COMPLIANCE All positions within Home Bank SB must comply with all state and federal laws and regulations as per the Bank's compliance policies and procedures.

SUPERVISORY RESPONSIBILITIES This position does not require supervisory responsibilities.

WORK ENVIRONMENT This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.

PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms.

POSITION TYPE This is a full-time position. Days and hours of work are Monday through Friday, 8:30am to 5pm. This position may require long hours and weekend work.

TRAVEL Travel is not expected for this position.

REQUIRED EDUCATION AND EXPERIENCE

Must have a high school degree or equivalent.

One to three years' experience in a related position in a community bank preferred.

This job requires skills needed in a typical office environment. This includes computer skills, communications skills, as well as utilization of office equipment.

OTHER DUTIES Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, and responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

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