Commercial Loan Documentation Processor

FIRST STATE BANK – JOB DESCRIPTION

JOB TITLE : Commercial Loan Documentation Processor

STATUS : Non-Exempt

DEPARTMENT : Loan Documentation

REPORTS TO : Loan Documentation

PRIMARY PURPOSE OF THE JOB :

The Documentation Processor is responsible for the preparation of Commercial Loan closings.

ESSENTIAL DUTIES :

• Perform initial loan file review, compile checklist, and communicate to Lender’s items needed for pre-closing review
• Order and review title work, surveys, flood determinations, UCC’s, appraisals and any other due diligence required to perfect the bank’s lien position
• Prepare actual closing packages in accordance with Bank approval and policy
• Review Attorney prepared loan packages to ensure they meet the banks approval and due diligence requirements
• Scan closed loans to the loan documentation folders and ensure all requirements are met to fund
• Fund loans and submit documentation package to loan servicing for booking
• Once loan is booked scan closing files to Director
• Maintain a work in process log
• Help maintain vault as necessary
• Create and maintain a courteous and professional relationship with co-workers while maintaining timely and prompt daily attendance

OTHER DUTIES :

REQUIRED EXPERIENCE / SKILLS :

REQUIRED EDUCATION :

WORKING CONDITIONS :

WHAT CAN WE OFFER YOU :

Employees are expected to comply with all laws, regulations, bank policies and procedures, including specifically First State Bank’s Bank Secrecy Act and Anti-Money Laundering Policy and procedures, and its Customer Identification Program. Failure to comply with either the letter and / or spirit of these laws may result in disciplinary action, up to an including termination.

This job description does not list all the duties of the job. You may be asked by supervisors or managers to perform other instructions and duties. You will be evaluated in part based on your performance of the tasks listed in this job description.

Management has the right to revise this job description at any time. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.