Commercial Loan Processor jobs in United States
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Tucson Federal Credit Union · 14 hours ago

Commercial Loan Processor

Tucson Federal Credit Union is seeking a Commercial Loan Processor to manage and coordinate the documentation and administrative steps required to process commercial loan applications. The role involves ensuring compliance with loan approval guidelines, managing the loan pipeline, and providing support throughout the loan processing and underwriting stages.

Financial Services

Responsibilities

Complete regulatory due diligence to validate information required for documentation; obtain and/or conduct a thorough review of corporate and collateral documentation including but not limited to certificates of existence, flood determination, UCC searches, appraisals, lien searches, title searches/commitment to check for accuracy, completeness and compliance with loan approval guidelines and internal policies
Manage Originator’s pipeline, track active loans, data entry
Review approved credit memos to understand the type and structure of the loan in order to correctly identify the necessary loan documents to ensure accurate funding under the appropriate collateral code
Ensure final title policy is received and reviewed for accuracy
Manage insurance, UCC and property tracking
Create SBA loan files in third party SharePoint software for loan boarding
Request status updates from preapprovals
Provide support in the collection and preparation of submitting loan applications with backing documentation to processing
Quote rates and price loans according to operation recommendations
Open accounts
Prepare an initial fee worksheet
Establish and maintain filing and record keeping procedures
Set up ACH/Auto transfer file maintenance
Provide any necessary assistance through production and underwriting process
Complete CUBG service and document request forms, SBA 1919 forms and 4506C forms
Prepare and fax payoff quotes, close credit lines per member request, post payoff checks
Audit all funded Commercial loans
Send miscellaneous documents via AdobeSign (member apps, auto transfer forms)
Attend Commercial lending training sessions
Assist with audits/exams
Assist with project testing, training and support
Gain and retain a high-level knowledge of all TFCU products, policies and procedures
Adhere to TFCU’s attendance and punctuality policy
Maintain a professional businesslike appearance in accordance with TFCU’s dress code policy
Engage in behavior that aligns with the credit union’s cultural beliefs

Qualification

Lending policies knowledgeMicrosoft WordMicrosoft ExcelTime managementAttention to detailJudgmentProblem-solvingVerbal communicationWritten communicationInitiative

Required

High school diploma or its equivalent preferred
Two (2) years of financial institution experience required
Ability to gain and retain a familiarity of Lending policies and procedures
Outstanding time management skills. Ability to prioritize workflow and accurately complete multiple tasks
Strong written and verbal communication skills
Knowledge of Microsoft suite of software including Word and Excel
Strong attention to detail and accuracy
Problem-solving and researching abilities to service accounts
Ability to exercise judgment and initiative in dealing with members and member complaints

Preferred

One (1) year business servicing experience preferred

Company

Tucson Federal Credit Union

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Tucson Federal Credit Union is a group of teachers with a vision that came together to form a financial cooperative.

Funding

Current Stage
Growth Stage

Leadership Team

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Matthew Gaspari, MBA
President/CEO
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Krystal Adams
Chief Operating Officer
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Company data provided by crunchbase