Loan Operations Construction Real Estate Processor

Job Summary

Required Qualifications

• •Must be able to lift 20 pounds occasionally and 10 pounds frequently
• •Must be able to stoop, crouch, stand, walk, push, pull, and lift
• •Must have close visual acuity
• •Must be able to interpret data
• •Must be able to make decisions
• •Must be able to organize
• •Must be able to read and write
• •Must be able to perform repetitive motions
• •Must be able to talk and hear
• •Must be able to process monthly payments for all purchased loans
• •Must be able to balance and reconcile assigned General Ledger accounts
• •Must be able to cross train in all areas of the department
• •Must be able to rotate duties periodically
• •Must be able to train on new tasks as assigned
• •Must be able to assist in writing and updating procedures
• •Must be able to troubleshoot and provide assistance to employees/customers on inquiries, customer service issues, disputes, etc.
• •Must attend all meetings
• •Must complete all training required to ensure regulatory compliance
• •Must comply with all applicable Federal and State regulations and guidance associated with the performance of your job function
• •Must comply with all applicable BSA/AML/OFAC policies and procedures associated with the performance of your job function, including participation in required training and identification of suspicious activity
• •Must be able to perform other duties and assignments within the bank at Management's request
• •Must accept periodic cross-training
• •Must be able to work in other branches if needed
• •Must be able to travel to visit customers and potential customers outside of the bank
• •Must be able to travel to required bank meetings and training sessions
• •Must be able to make local travel as required to call on customers and potential customers outside of the bank
• •Must be able to travel to required bank meetings and training sessions
• •Must be able to process construction draw requests
• •Must be able to review draw packages for accuracy and completeness before disbursement
• •Must be able to order and review inspection reports
• •Must be able to verify work completion before releasing funds
• •Must be able to work with loan officers, borrowers, contractors and inspectors
• •Must be able to track budget progress, budgets and remaining loan funds
• •Must be able to obtain lien waivers, title updates and required endorsements
• •Must be able to assist with loan modifications, extensions and conversions from construction to permanent financing
• •Must be able to follow policies and procedures to facilitate processing for all real estate, commercial equipment, and aircraft loans
• •Must be able to complete all transactions in unison with loan officer
• •Must be able to act as a liaison with Loan Officer
• •Must be able to obtain necessary applications, disclosures, fees, etc.
• •Must be able to prepare closing package
• •Must be able to order necessary loan information
• •Must be able to obtain appraisals, title work for real estate loans and aircraft, loan documents, surveys, insurance, etc.
• •Must be able to obtain needed documentation and loan document requests to attorney and/or third parties
• •Must be able to review real estate loan documents for accuracy
• •Must be able to obtain corrections as needed
• •Must be able to book/fund loans once closed
• •Must be able to prepare and give to the SVP/Sr. Credit Officer the booking checklist within 72 hours of booking
• •Must be able to ensure that all legal documents have been filed for recording with the appropriate agencies
• •Must be able to obtain receipt of title policy from title companies
• •Must be able to review title policy for accuracy
• •Must be able to prepare real estate loan folder
• •Must be able to image all documents within 72 hours of receiving originals
• •Must be able to prepare renewals, extensions and Modifications
• •Must be able to assist with construction project advances/draws
• •Must be able to become proficient with Bank Labs
• •Must be able to ensure that all necessary approvals have been obtained and are scanned with the loan file
• •Must be able to perform annual escrow analysis
• •Must be able to monitor and clear delinquent property taxes
• •Must be able to maintain a productive workflow as a member of a professional team
• •Must be able to scan and verify loan files and any other documentation, as needed, in the imaging system
• •Must be able to set-up and monitor loan documentation exception tracking and clearing
• •Must be able to maintain collateral
• •Must be able to process vehicle title registrations
• •Must be able to file UCC Financing Statements/Continuations
• •Must be able to track and monitor insurance
• •Must be able to process insurance and real estate tax payments from escrow accounts
• •Must be able to process draws/advance requests on loans/lines of credit
• •Must be able to quote and process loan payoffs
• •Must be able to process closed loans
• •Must be able to prepare lien releases
• •Must be able to mail documentation
• •Must be able to review lien releases prepared by others