Loan Processor

Job Summary: Performs moderately complex clerical duties related to commercial, consumer, and mortgage loans.

Essential Duties:

• Processes all complex payments and payoffs ensuring funds are applied to appropriate accounts.
• Processes loan documents on a computer using a loan servicing software program.
• Set up loan information on the computer.
• Set up loan files to meet commercial and consumer lending specifications.
• Serves as a customer service representative answering all telephone and written requests for net payoff quotes, credit ratings, and resolving problems.
• Verifies titles received for new loans and audits agencies.
• May pay property taxes and maintain records accordingly.
• Process DMV title transfers as needed.
• Daily maintenance service to loan accounts as needed.
• Maintain insurance tracking, processing and follow-up.
• May order loan coupon books.
• May be responsible for flood insurance tracking and maintenance.
• May act as a relief Escrow Clerk.
• May set up and track OREO files
• May set up and work with various bank lending partners such as Farmer Mac, Agri-Access, Farm Service Agency and the Small Business Administration.
• Set up and monitor tax tracking and credit life/disability insurance.
• UCC & EFS filing and renewal setup and tracking.
• Monitor daily reports of loan clearing, closed loans, loan exceptions, billing and rate changes.
• Complete required training and compliance with Bank Secrecy Act/Anti-Money Laundering policies, procedures, including identification of suspicious activity, CTR (Currency Transaction Report) preparation and other job specific policies/procedures pertaining to this position.
• May perform other duties as required by business needs.

*Incumbents in this position may be asked by the loan servicing manager to divide up the essential duties among other processors and/or may be asked to routinely rotate the duties.

Education / Experience:

• A high school diploma or equivalent.
• This position typically requires a minimum of 1 or more years of clerical experience with a working knowledge of bank services.

Minimum Qualifications:

• Ability to coordinate a variety of activities and develop, maintain organizational structure.
• Ability to learn basic lending laws and practices associated with processing loans.
• Ability to communicate effectively both verbally and in writing.
• Skills in the operation of a personal computer with word processing and spreadsheet software and intra/internet.
• Ability to establish and maintain effective working relationships with a diverse group of people.
• Ability to operate a fax and copy machine.
• Strong clerical skills including filing, typing, 10-key and answering phone.
• Basic knowledge of Excel and Word software programs by creating new documents or maintaining existing spreadsheet/documents.
• Ability to operate a loan software program.
• Ability to understand debits and credits.
• Ability to prioritize work and meet deadlines.
• Ability to work in an environment with a high volume of production.

Physical Requirements:

• Must be able to remain in a stationary position constantly.
• The person in this position needs to occasionally move about inside the office to access file cabinets and other office machinery; such as a copy and/or fax machine.
• Constantly operates a computer and other office productivity machinery; such as a calculator, copy machine, and printer.
• The person in this position frequently communicates with employees and/or customers with inquiries. Must be able to exchange information in these situations.
• Constantly assesses information from computer, manuals, spreadsheets and other bank systems.
• Ability to transport file boxes to another work location (records vault).
• Ability to drive and/or ride in a vehicle to attend educational training or required meetings.

Bank of Eastern Oregon is an Equal Opportunity Employer of minorities, women, protected veterans, sexual orientation, or gender identity, and individuals with disabilities.

This job description is subject to change and other functions may be assigned/reassigned at management's discretion. This job description in no way implies that these are the only duties, including essential duties, to be performed by the employee occupying this position. This job description is not an employment contract. The aforementioned job requirements are subject to change to reasonably accommodate qualified disabled individuals.

Current Openings for Loan Processor Jobs at Bank of Eastern Oregon