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The Business Loan Processor prepares a wide variety of business-related loan documents, in compliance with regulations for both pre and post closings and maintains required documentation. Forward documents to other financial institutions, insurance companies, Register of Deeds, Secretary of State, Department of Natural Resources, and Department of Motor Vehicles to perfect liens on collateral.

Role Summary:The Business Loan Processor prepares a wide variety of business-related loan documents, in compliance with regulations for both pre and post closings and maintains required documentation. Principal Duties and Responsibilities:<ul><li>Enthusiastically support the bank sales function by providing exceptional service to internal and external customers of the bank.</li><li>Run external credit ratings and customer inquiries in the core banking system. </li><li>Obtain pay-off information from other creditors and provide pay off information as necessary. </li><li>Order written flood plain determinations, credit reports, opinions of title, title insurance, and letter reports. Perform corporate name searches and tax bill inquiries.</li><li>Organize and handle an accepted volume of loan documentation preparation.</li><li>Accurately prepare and process new and refinanced loan documents and disbursements for loan closings. </li><li>Review files after closings to ensure that all documents are signed and checks have been disbursed. Prepare proper tickets, forms, and set-up of loans on the system.</li><li>Forward documents to other financial institutions, insurance companies, Register of Deeds, Secretary of State, Department of Natural Resources, and Department of Motor Vehicles to perfect liens on collateral.</li><li>Document all exceptions on the "Closed Pending LisAssist".</li><li>Obtain initial coverage binders or copies of policies from borrowers or insurance agents. Ascertain levels of insurance are appropriate and the bank is listed as Mortgagee/Loss Payee. </li><li>Maintain a list of loans that are closed but pending completion of final documents.</li><li>Answer department phones, provide assistance with internal questions. Ensure prompt and courteous response to customer inquiries.</li><li>Completes various administrative responsibilities that support the commercial processing and credit departments and the business lending team.</li><li>Perform other duties to facilitate day-to-day operations within the department, assist other processors as needed.</li></ul> Additional Duties and Responsibilities: <ul><li>Assist in the development of manuals and supporting documentation to accomplish tasks/duties inherent in the lending department.</li><li>Update knowledge and develop professionally on a continuing basis. Participate in internal and external training and development opportunities as required.</li><li style="text-align:justify">Perform other duties as may be necessary to fulfill the responsibilities of this role.</li><li style="text-align:justify">Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to the AML/CFT team.</li></ul> Knowledge, Skills, and Abilities:<ul><li>High school diploma or equivalent and a minimum of at least two years of previous banking or related experience required.</li><li>Computer literacy including experience with Office Suite, MS Word, Excel, and other computer software products.</li><li>Ability to plan and prioritize a diversified workload, handle multiple tasks concurrently; exercise good judgment in all areas of responsibility; and work effectively under pressure and deadlines.</li><li>Ability to work independently and produce quality results, as well as work in a collaborative team environment.</li></ul> Working Conditions:Work is performed in a pleasant office environment with minimal chance for personal injury. Frequent mental concentration is necessary for listening and responding to various situations. Must be able to lift and move up to 20 pounds unassisted. Some twisting, bending, and turning is required. Work hours are generally during normal business hours and average 40 hours a week. This role description describes the general nature and level of work performed by employee assigned to this role. It does not state or imply that these are the only duties and responsibilities assigned to the role. The employee may be required to perform other job-related duties as requested by management. All requirements are subject to change over time, and to possible modification to reasonably accommodate individuals with a disability.This role description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs to the employer and requirements of the role change.

Horicon Bank

Business Loan Processor

Administrative Skills

Bank Secrecy Act

Banking Services

Business Loans

Computer Skills

Computer Software

Credit Processing

Credit Reports

Credit Risk

Documentation

Establish Priorities

High School Diploma

Insurance

Liens

Lift/Move 20 Pounds

Loan Documents

Loan Processing

Loans

Microsoft Excel

Microsoft Office

Microsoft Word

Mortgage

Multitasking

Name Search

Natural Resources

Office Suites

Personal Injury

Post Closing

Regulatory Compliance

Sales Support

Team Player

Telephone Skills

Time Management

Training/Teaching

User Documentation

Talent Acquisition

Responsible for reviewing the file and completing a pre-audit form and determining if the loan is ready to close. Responsible for communicating and resolving issues with Closing Agents while the borrowers are at closing.

*HYBRID OPPORTUNITY*Core values speak to the heart of an organization and are the essence of a company’s identity. Everything we do is centered around our community, customer service, our stability, and being trustworthy. These values support our mission and vision, shape our culture, and provide a foundation for the future.  Offering a dynamic benefit package that includes but is not limited to:<ul><li class="MsoNormal">Four Medical Plan Offerings to choose from</li><li class="MsoNormal">Employer HSA Contributions (Coverage/Plan exclusions)</li><li class="MsoNormal">Employer Provided Life Insurance Policy</li><li class="MsoNormal">Annual Health Incentive</li><li class="MsoNormal">Annual Wellness Reimbursement</li><li class="MsoNormal">Tuition Reimbursement program</li><li class="MsoNormal">Generous Match 401k Retirement Plan</li><li class="MsoNormal">Paid Sick Leave</li><li class="MsoNormal">Paid Vacation Leave</li><li class="MsoNormal">11 Paid Holidays based on the Federal Reserve Calendar</li></ul>If you are ready to take on a challenging and rewarding role; we invite you to apply for this exciting opportunity.ESSENTIAL FUNCTIONS:<ul><li>Responsible for reviewing the file and completing a pre-audit form and determining if the loan is ready to close. </li><li>Responsible for the proficient use of closing software. </li><li>Accountable for catching any clerical or system errors made in the loan package or in calculating the payoff.</li><li>Assure that all underwriting conditions are met prior to sending out closing packages. </li><li>Timely delivery of closing packages to settlement agent.</li><li>Must interact with settlement agents, customers, loan officers and processors daily. </li><li>Responsible for preparing the Closing Disclosure (CD) and insuring it meets the Underwriting guidelines. </li><li>Responsible for communicating and resolving issues with Closing Agents while the borrowers are at closing.</li><li>Responsible for completing a pre-funding audit on each file prior to disbursement. </li><li>Responsible for knowing and understanding how to fund loans.</li><li>Provides the best service to our customers with innovative and creative solutions. </li></ul>JOB REQUIREMENTS:<ul><li class="MsoNormal" style="text-align:justify">High school diploma or equivalent required.</li><li class="MsoNormal" style="text-align:justify">Minimum 2 years mortgage closing experience. </li><li class="MsoNormal" style="text-align:justify">Good organizational and time management skills. </li><li class="MsoNormal" style="text-align:justify">Excellent written and verbal communication skills. </li><li class="MsoNormal" style="text-align:justify">Basic knowledge of agency and underwriting guidelines. </li><li class="MsoNormal" style="text-align:justify">Strong analytical and problem-solving skills.</li><li class="MsoNormal" style="text-align:justify">Basic knowledge of accounting principles such as debiting and crediting.</li><li class="MsoNormal" style="text-align:justify">Knowledge of FHA, USDA, VA, FNMA and FHLMC guidelines.</li><li class="MsoNormal" style="text-align:justify">Must have the ability to meet sudden deadlines. </li><li class="MsoNormal" style="text-align:justify">Must be multi-task oriented. </li><li class="MsoNormal" style="text-align:justify">Must have excellent PC Skills. </li><li class="MsoNormal" style="text-align:justify">Knowledge of closing practices, mortgage documentation, recording practices, title/abstract legalities. </li><li class="MsoNormal" style="text-align:justify">Some formal Underwriting or Processing experience is a plus. </li><li class="MsoNormal" style="text-align:justify">Knowledge of lending guidelines for all states is a plus.</li><li class="MsoNormal" style="text-align:justify">Knowledge of how to use MSP. </li><li class="MsoNormal" style="text-align:justify">Third party lending production experience is preferred</li><li class="MsoNormal" style="text-align:justify">Extended hours sitting and performing computer tasks may be required.</li><li class="MsoNormal" style="text-align:justify">Employees confirm they are able to perform the essential functions of this position to continue employment with First Federal Bank.</li></ul>Bilingual candidates encouraged to apply. EQUAL OPPORTUNITY EMPLOYER / VET / DISABILITYE-VERIFY EMPLOYERPowered by ExactHire: 197569

First Federal Bank

Closer

Accounting

Analysis Skills

Communication Skills

Customer Support/Service

Disbursements

Fannie Mae (FNMA)

Federal Housing Administration (FHA)

File Audits

Freddie Mac (FHLMC)

Funding

Health Plan

Life Insurance

Loan Funding

Order Delivery

Organizational Skills

Presentation/Verbal Skills

Problem Solving Skills

Reimbursement

Sales Closing Skills

Underwriting

United States Department of Agriculture (USDA)

Writing Skills

ExactHire

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Business Loan Processor Horicon Bank

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