Farmers Savings Bank · 1 month ago
Consumer/Residential Loan Processor
Farmers Savings Bank is a community-focused financial institution, and they are seeking a Consumer/Residential Loan Processor. The role is responsible for processing consumer and residential loans, ensuring compliance with regulatory guidelines, and supporting the lending team in various operational tasks.
BankingFinanceFinancial Services
Responsibilities
Efficiently and accurately prepares Consumer/Residential loan documentation as requested by lenders
Ensure that all loans are properly documented to limit bank risk
Supports lending team
Successfully interact with the lending staff to improve accuracies and efficiencies
Successfully complete ongoing training, review and communicate current or developing industry topics/concerns or standards
Must learn, develop, and maintain thorough knowledge of Loan Regulatory compliance to ensure all loans meet Regulatory guidelines and Bank Loan Policy
Pull credit reports with direction from the Lending Officer
Creates, maintains and prints reports from information on the Fiserv system
Drafts letters and/or memos as requested by the Loan Officers
Assists Officers in monitoring and maintaining participation loan files
Direct customer inquiries not involving the lending area to the proper department. Develop and maintain an understanding of bank operations, departments and products
Perform maintenance to customer loan accounts through the Fiserv system
Perform any and all other duties as requested by supervisor
Qualification
Required
Efficiently and accurately prepares Consumer/Residential loan documentation as requested by lenders
Ensure that all loans are properly documented to limit bank risk
Supports lending team
Successfully interact with the lending staff to improve accuracies and efficiencies
Successfully complete ongoing training, review and communicate current or developing industry topics/concerns or standards
Must learn, develop, and maintain thorough knowledge of Loan Regulatory compliance to ensure all loans meet Regulatory guidelines and Bank Loan Policy
Pull credit reports with direction from the Lending Officer
Creates, maintains and prints reports from information on the Fiserv system
Drafts letters and/or memos as requested by the Loan Officers
Assists Officers in monitoring and maintaining participation loan files
Direct customer inquiries not involving the lending area to the proper department
Develop and maintain an understanding of bank operations, departments and products
Perform maintenance to customer loan accounts through the Fiserv system
Perform any and all other duties as requested by supervisor
Comply with all Farmers Savings Bank policies and procedures including federal and state rules and regulations