Commercial Loan Processor

$20 - $30/Yr

Meritrust - Wichita, KS

Full-time - Entry Level

Wichita, KS

Credit Intermediation and Related Activities

About the position

The primary function of the position is to organize, prepare documents for, book, and fund new commercial loans. The person in this position must thrive in a fast paced environment; producing high work volume, while maintaining deadlines and accuracy. In addition, this position will aid in ongoing administration of all commercial loans.

Responsibilities

• Provide unsurpassed support for both internal and external members.
• Track and prioritize files in loan documentation preparation queue.
• Prepare commercial loan documents to reflect approved loan terms and collateral positions, including document delivery to title company.
• Ensure lien perfection on loan collateral types, including: real estate, titles, equipment, UCCs.
• Collaborate with Loan Officers and Loan Assistants throughout loan process.
• Review and interpret corporate documentation, trust documents, and credit approval documents.
• Review and verify HMDA reportable information for completeness and accuracy.
• Process loan modifications.
• Provide quality member service by producing accurate and timely loan documents and modifications, while protecting members' business and personal data.
• Act as a team player, contributing a positive attitude and engaged work effort to ensure Meritrust meets companywide goals and the strategic plan.
• Continuously research, ask questions, and make suggestions in order to aid in process improvement.

Requirements

• Knowledge of lending regulations, procedures, and practices.
• Excellent oral/written communication and problem solving skills.
• Proficiency in using spreadsheet and word processing applications.
• Ability to adhere to commercial policies and procedures and credit culture standards.
• Demonstrated track record of self-improvement.
• High School Diploma required.

Nice-to-haves

• Laser Pro software experience preferred.
• CASH Suite software experience preferred.
• Three years of financial institution experience preferred.