Hometown_bank

JOB DESCRIPTION: LOAN PROCESSOR
Summary/Objective
The Loan Processor will be responsible for preparing all loan documentation for new and renewal loans for the Loan Officers on the Mainland. Additionally, she/he will serve as back-up for the Galveston processor and type loans for the Galveston Loan Officers in her absence. The loan processor will also be responsible for daily balancing of the loan general ledger accounts and some check-back duties.
Essential Functions:
Loan Processing:

• Perform all pre-closing loan duties and prepare all loan closing documentation for new and renewal Consumer/Commercial loans. This requires proficiency in the loan documentation program (ARTA), appropriate lending regulations, reading and comprehension of corporate documents and other contracts as applicable as well as following all Bank policies and procedures
• Ensure proper documentation to perfect security interest on secured consumer and commercial loans i.e., UCC searches, Stock assignments, Title work lien perfection, landlord's waivers, CD/savings assignment of account
• Ensure all loan compliance regulations are followed when preparing loan documentation, including but not limited to CIP, Reg Z, Reg B, MLA, FACTA, and Privacy
• Work with Loan Officers to ensure loan policy compliance, proper loan documentation and lien perfection
• Review loan documents and prepare packages for loan closings
• Close loans as requested
• Provide payoff quotes for loans as requested
• Balance Loan GL accounts daily and make corrections as necessary
• Perform daily check-back duties as assigned
• Answer phone inquiries and assist loan customers as required

Credit Duties:

• Save/scan incoming financial statements in system
• Prepare Quarterly exception report of Financial Statement exceptions for Board - to be trained at a later date
• Assist supervisor with annual Financial Statement risk-based tracking waiver

• Responsible for ensuring the Code of Ethics are being followed.
• Responsible for reporting any Code of Ethics/ Internal fraud violations.
• Follow all Bank policies and procedures

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Competencies

1. Proficient in MS Office applications
2. Accuracy and Thoroughness.
3. Organizational skills and Attention to details.
4. Communication and Proficiency
5. Decision Making.
6. Team player

Supervisory Responsibility: This position has no supervisory responsibilities.
Classification: Non-Exempt
Work Environment: This position is in the Loan Operations Office in League City. The setting is in an office and uses standard office equipment.
Physical Demands: The work is generally sedentary in an office environment. Maximum lifting weight approximately 20 lbs.
Position Type/Expected Hours of Work: This is a full-time position. Days and hours of work are Monday through Thursday, 8:30 am to 5 pm and scheduled Fridays 8:30 am to 6:00 pm.
Travel: Some travel is expected with this position to attend meetings and training in Friendswood. Additional travel is anticipated to back-up the Galveston Lending assistant.
Education and Experience: Associate degree in business or equivalent experience of 2 years in loan processing.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
EOE/AA Disability/Veteran