Job Description
We are seeking a detail-oriented and motivated Commercial Loan Processor to join our team. This role includes responsibility for providing processing and clerical support for all commercial and construction loan origination activities. This role is crucial in ensuring a smooth and efficient loan processing experience for our clients.
Job Duties Include:
Responsible for providing clerical and servicing support for all phases of commercial and construction loan activities, including updating and providing account information by verifying that information was entered into system correctly.
Responsible for accurately drafting loan documents for underwriting, including ordering title work and appraisal.
Follow up with outside sources of outstanding documents to ensure all necessary items are available for underwriting. Track development of information to ensure compliance with underwriting guidelines. Ensuring documentation is in order prior to loan closing.
Responsible for funding closed loans, post-closing file assembly, and completing timely draw requests, inspections, and reviews.
Responsible for preparing reports required by management and serving as backup to the Business Loan Officer.
Communicate effectively and tactfully with members, brokers, builders, appraisers, and inspectors, thereby creating and maintaining good public relations in day-to-day contact and the handling of complicated issues.
Preserve and maintain all member financial information along with tax returns and other documents provided by the member.
Resolve conditions of underwriting. Submit loans for final approval.
Communicate loan status to all involved parties including buyer, seller, realtor, and title company representatives.
Prepare monthly status report.
Maintain and administer Mortgage Escrow Program.
Process and track lien perfections and satisfactions. Prepare and process mortgage loan payoff information. Process subsequent advances on open-end construction loans and home equity loans.
Monitor member accounts and loan balances and process mortgage payments on loans.
Why Join Us?
At Sentinel Federal Credit Union, we value our employees and offer a supportive work environment with opportunities for growth and development. Our Sentinel Team believes in and supports the people-helping-people philosophy that is the pillar of our credit union industry. Sentinel Federal Credit Union is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Position Details:
Job Title: Commercial Loan Processor
Classification: Full-Time, Benefited, In-Office
Minimum Starting Pay: $20.00 - $24.00/hour DOE plus incentive pay and bonus structure
Benefits Include: Paid time off, health, vision, dental, flex, life, long term disability, and more!
Expected Start Date: Immediate Hire
Number of Available Positions: One
Location: 4011 Triple Crown Drive Rapid City, SD 57701
Requirements/Preferences:
High School Diploma, GED, or equivalent required.
A minimum of 18 years of age required.
Valid driver’s license required.
A minimum of one year of relevant experience preferred.
Associates or higher college degree preferred.
Combination of acceptable experience and education required.
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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and stand for extended periods of time and occasionally reach, stoop, kneel, bend, and crouch. The employee may occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include adequate near and far sight. Employees must possess the manual dexterity required to perform computer-related tasks. Employees must be able to read, write, and speak English proficiently and in a professional manner.
Ability Demands:
Ability to understand and follow complex written and oral instructions. Excellent written and verbal communication interpersonal skills. Demonstrated initiative and ability to work independently. Exceptional problem-solving, decision-making, and analytical skills. Strong attention-to-detail and organizational skills, and able to handle multiple priorities while maintaining a positive attitude. Ability to handle confidential information with discretion. Ability to comprehend complex functions and procedures and to be able to disseminate that knowledge in a clear and understandable format to others. Ability to express oneself, clearly and concisely, both orally and in writing. Ability to gather, assemble, correlate, and analyze facts and develop solutions. Ability to assess the needs of multiple members and prioritize requests to ensure that all members receive the highest quality of service possible. Ability to present a professional and personable personality that communicates to members and visitors that the credit union is a professional financial institution. Ability to interact with more than one department daily. Ability to work within precise standardized guidelines with some latitude to make decisions and take initiative to resolve problems or unique circumstances. Ability to use a rational and organized approach to completing tasks.
How to Apply:
Interested candidates can apply here or submit resume via email to hr@sentinelfcu.org.