Job description

Loan Processor

Department: Loan Processing

Reports to: Loan Processing Manager/Operations

Supervises: None

Summary: Loan processors are to take information from applications entered into Decision Pro and create the loan documents to be signed by the borrowers. Once the documents have been signed, it’s the processor’s job to fund and activate the newly created loans. The processor must verify and add the UCC filing statement to the loan and scan into Director for each loan created that requires a UCC lien. On any loans using deposit accounts as collateral, the loan processor will place necessary hold on the accounts to cover our newly created loan.
Job Requirements:

• Must be able to work independently with little to no supervision.
• Detail oriented
• Ability to communicate effectively
• Excellent phone etiquette
• Ability to work well under pressure
• Willingness to learn new tasks
• Ability to meet deadlines
• Must be able to follow‐up on items
• Excellent organizational skills
• Must be able to multi‐task
• Ability to use time efficiently
• Willing to take necessary classes to keep up to date on new laws and regulations
• Must have good understanding of Navigator and Director Client (we will train if necessary)
• Must be proficient with Microsoft word and excel
• Must be proficient with Decision Pro, LaserPro and Prosign (we will train)

Specific Job Functions:

• Develop a good understanding of all loan documentation
• Develop a good understanding of lien documentation required to secure every type of loan
• Prepare and verify the accuracy of loan documentation
• Verify and secure new and existing UCC liens on Texas Secretary of State
• Must be willing to learn to trouble‐shoot all errors to assist lenders and loan assistants (we will train).

Daily Duties

• Prepare loan documents on any submitted loan applications throughout the day
• Close on loans that are to be signed in Big Sandy
• Verify UCC’s on daily UCC reports
• File continuations on pending to expire UCC’s for current loans
• Remove UCC’s off daily report on paid off notes
• Verify all non-activated loans are still active and pending signatures

WeeklyYearly

• Complete Annual ABA Training

Job Type: Full-time

Pay: $25,000.00 - $32,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Ability to commute/relocate:

• Big Sandy, TX 75755: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Banking: 1 year (Required)

Work Location: One location

www.colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, www.colinoncars.com is the ideal place to find your next job.