Job Information
First Northern Bank & Trust Retail Loan Processor/Closer in Palmerton, Pennsylvania
POSITION SUMMARY
Preparation of retail loan documents pertaining to new loan requests, renewals, extensions and modifications in an accurate and timely manner. Must be detail-oriented and able to multi-task. Good communication skills are essential because the job requires loan documentation specialist to work closely with loan officers, attorneys and management to ensure the accuracy and integrity of the documents. May also be required to coordinate closings, Calculate closing costs and disperse funds. Review loan documents post-closing for conformity to approval to ensure all approved conditions were met and loan documents were properly executed. Knowledge of banking procedures and lending principles is necessary. Will also be required to assist the Loan Administrator with other duties as assigned.
Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
ESSENTIAL FUNCTIONS
- Preparation of commitment letters, loan documents, and renewal letters.
- Process documentation using LaserPro software.
- Order property searches, flood certifications, title insurance and environmental checks.
- Collects, collates, assembles and completes the quality check of the loan closing packets for submission to the Lender.
- Confirm that appraisal and/or the collateral evaluations (done by the Lender and reviewed by the Credit Assistant) are completed according to policy and regulatory requirements.
- Review loan documentation closing package for the proper execution.
- Download loan from LaserPro to the Bank's Jack Henry system and follow-up with a second review of loan input the following day.
- Collateral documents requiring recordable filings are given to the Loan Operation Assistant for processing.
- Monitors incomplete files for missing documentation on an ongoing basis.
- Create a new documentation file and credit file, if required.
Answers routine customer inquiries and provides service to customer accounts as appropriate.
SKILLS & ABILITIES
Education: High School Graduate or General Education Degree (GED)
Experience: Six months to one year related experience
Computer Skills
Must be familiar with Jack Henry Platform System for loans. Microsoft Word, Excel, and loan documentation skill.