Commercial Loan Processor

Farmers Logo 2022 • Canfield, OH

3d

About The Position

This position will assist in Commercial Portfolio to include set up of new loans on the core system in an accurate and timely manner. Additionally, this role is responsible for filing and tracking UCC’s, insurance, commercial appraisals and commercial loan maintenance. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to allow individuals with disabilities to perform the essential functions.

Requirements

• High School diploma or General Education Degree (GED)
• Minimum of one (1) year experience in commercial loans.
• Strong verbal and written communication skills
• Proven ability to handle difficult and confidential client interactions
• Must possess basic computer skills and knowledge, specifically experience with Excel
• Must be a notary (or able to become a notary within 6 months of hire)
• Must pay attention to detail, be thorough and well organized

Nice To Haves

• Knowledge of Fiserv, loan documentation systems and constructions item requirements preferred

Responsibilities

• Process new commercial loan set-ups on the core system
• Maintain accuracy and timely completion and pay attention to incomplete items and exceptions to loan policy
• Perform system maintenance on commercial loans
• Maintain tickler list for monitoring future rate and payment changes
• Monitor prime rate change notices and process new payment amounts
• File and track all commercial UCC’s
• Track all insurance policies that cover the collateral on the loan
• Maintain pending list of outstanding documents, exceptions and work list as needed to complete files
• Provide customer service on incoming calls regarding commercial accounts from borrowers, branches and third parties
• Other clerical duties as required
• Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures.
• Maintain compliance with all appropriate rules and regulations.
• Regular, predictable attendance is an essential requirement of this position

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED