Business Banking Loan Processor
Range Bank
Business Banking Loan Processor
Range Bank
Posted 3 months ago
Full Time
Marquette, Michigan
In Person
Smart Summary
Responsibilities
The primary responsibility is to provide loan support to Business Banking Loan Officers, including preparing closing documents and maintaining loan portfolio records. The role also involves ensuring compliance with regulations, managing collateral documentation, and processing loan disbursements.
Qualifications
We are looking for a Business Banking Loan Processor to provide loan support to Loan Officers. A college degree in finance, accounting, or a related field is preferred, but 1-3 years of related experience will also be considered. Strong attention to detail and proficiency with technology are essential.
Job Description
The primary responsibility of this position is to provide loan support to the Business Banking Loan Officers.
Schedule to include hours between 8:30 a.m. and 5:00 p.m. Monday-Friday. This position will work from our Front St branch.
Primary Responsibilities
- Responsible for learning all Business Banking loan products and appropriate documentation for products in order to be in compliance with loan regulations, guidelines, and policies
- Prepare loan closing documents for commercial /installment loans
- Perform general maintenance work on loan portfolio records
- Image loan files, insurance information, CIF information & financial information
- Ensure business bankers obtain current insurance policies for properties & vehicles held as collateral for various loans
- Disburse loan funds to participating banks in timely manner, and provide updated information regarding the loans in which they participate
- Process documentation required to satisfy paid off loans
- Assist lenders with preparation and review of loan documentation packets
- Ensure compliance with all CIP and Beneficial owner requirements
- Reverse payments applied to loans incorrectly, returned for insufficient funds or any other reason
- Adheres to Range Bank policies and procedures.
- Upholds the highest level of confidentiality and cyber security awareness.
Minimum Requirements
- College degree in finance, accounting, or a related field and/or 1-3 years experience in a related position
- High Attention to detail
- Highly proficient with current technology
Preferred Qualifications
- Some college education or degree in a related field
Full Time Benefits include
- Paid time off (2 weeks to start)
- Volunteer time off (1 day per year)
- Paid holidays (9.5 days per year)
- Health insurance through Blue Cross Blue Shield of Michigan
- Telehealth with $0 copay
- HSA plan options, including employer contribution
- Vision
- Dental
- 401(k) retirement plan with up to 6% match (after 1 year)
- Short term disability insurances (paid 100% by company)
- Long term disability insurance (paid 100% by company)
- Life insurance (paid 100% by company)
- Voluntary life insurance
- Employee Assistance Program
- Employee Stock Purchase Plan
This job description reflects management’s assignment of essential functions; and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Range Bank
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