Business Banking Loan Processor

Primary Responsibilities

• Responsible for learning all Business Banking loan products and appropriate documentation for products in order to be in compliance with loan regulations, guidelines, and policies
• Prepare loan closing documents for commercial /installment loans
• Perform general maintenance work on loan portfolio records
• Image loan files, insurance information, CIF information & financial information
• Ensure business bankers obtain current insurance policies for properties & vehicles held as collateral for various loans
• Disburse loan funds to participating banks in timely manner, and provide updated information regarding the loans in which they participate
• Process documentation required to satisfy paid off loans
• Assist lenders with preparation and review of loan documentation packets
• Ensure compliance with all CIP and Beneficial owner requirements
• Reverse payments applied to loans incorrectly, returned for insufficient funds or any other reason
• Adheres to Range Bank policies and procedures. 
• Upholds the highest level of confidentiality and cyber security awareness. 

Minimum Requirements

• College degree in finance, accounting, or a related field and/or 1-3 years experience in a related position 
• High Attention to detail
• Highly proficient with current technology 

Preferred Qualifications

• Some college education or degree in a related field

Full Time Benefits include

• Paid time off (2 weeks to start)
• Volunteer time off (1 day per year)
• Paid holidays (9.5 days per year)
• Health insurance through Blue Cross Blue Shield of Michigan
• Telehealth with $0 copay
• HSA plan options, including employer contribution
• Vision
• Dental
• 401(k) retirement plan with up to 6% match (after 1 year)
• Short term disability insurances (paid 100% by company)
• Long term disability insurance (paid 100% by company)
• Life insurance (paid 100% by company)
• Voluntary life insurance
• Employee Assistance Program
• Employee Stock Purchase Plan

This job description reflects management’s assignment of essential functions; and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

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