Commercial Loan Processor

Description

**$1,000 SIGNING BONUS**

Bank First was recently named to the Top 100 Banks to work for in the Country, come see why!

Customer Service comes first at Bank First! Our frontline does not have sales goals, we only focus on

providing the best customer service and building relationships!

Position Summary: 

A Commercial Loan Processor is primarily responsible for preparing commercial loan documents accurately and timely to meet and exceed customer expectations. In doing so it supports the Relationship Managers and Business Service Representatives with accurate and consistent documentation that is compliant with applicable regulations and government programs.

The position will develop a strong knowledge of Bank First commercial loan products including SBA programs, letters of credit, agricultural programs, and participations. Attention to detail and the ability to handle multiple tasks are required.  

Responsibilities:

• Review loan requests and work with Business Service Representatives to gather all necessary information to prepare accurate documents.
• Review loan approval to ensure the request has been properly approved.
• Perform pre-closing tasks, including verifying legal name of entity, reviewing organizational documents to determine owners and authorized signers, confirming collateral lien status, determining adherence to loan policy and evaluating overall compliance with government regulations.
• Ensure disbursement and closing statements balance and include loan fees and pre-closing costs such as appraisals, floods and preliminary title work.
• Work with bank participants and/or Business Service Representatives to prepare documentation accurately and timely.
• Develop an understanding of required documentation for various government programs and construction financing.
• Ensure pre-closing and executed loan documents are electronically archived properly.
• Review and approve outgoing wire transfer requests.
• Verify correct documentation has been received for clearing of post-closing collateral exceptions and remove exceptions upon verification.
• Using construction management software, input project information and setup budget. Upon receipt of the draw request, verify procedures have been followed and all steps have been completed prior to initiating the funds transfer.
• Assist other team members and departments as needed
• Adhere to the bank's Code of Ethics

Qualifications

Education/Experience/Skills:

• Associates Degree or equivalent years of experience

• 3 - 5 years of experience with commercial documents
• Must be proficient in MS Word, Outlook and Excel
• Must be able to prioritize and manage multiple tasks throughout the day

Competencies:

• Accountability –willing to accept responsibility
• Accuracy – work is correct and error free and within company and regulation policies and guidelines 
• Adaptability –able to fit into a changing working environment, including changing priorities and projects
• Decision Making – the ability to select an effective course of action while controlling resources and expenditures
• Detail Oriented –able to pay meticulous attention to all aspects of a situation or task, regardless of how small or seemingly unimportant the detail is
• Honesty, Integrity and Ethics –acts in a fair and just manner, free from deception; follows the company’s accepted principles of moral conduct
• Initiative – acts and take steps to solve or settle an issue
• Interpersonal / Customer Oriented –develops and maintains relationships with others. The desire to serve both external and internal clients by focusing effort on meeting the client’s needs, understanding their concerns and seeking to build trust
• Oral Communication – to communicate with clarity to clearly understand other's message and intent, and to be able to receive and process feedback
• Relationship Building –able to establish and maintain a good rapport and cooperative relationship with clients and co-workers
• Reliability – is dependable and trustworthy
• Time Management –effectively utilizes time for the completion of necessary job tasks
• Written Communication –is ability to write concise clear letters, reports, and emails, including proofing and editing