Consumer Loan Processor jobs in Ohio

Galion Building and Loan Bank

Job Title: Loan Processor/Servicer

Department: Loan Department

Reports to: VP of Lending

Prepared 04/06/2023.

Summary: Responsible for all aspects of loan processing and servicing. Exercises judgement in review of loan files and insures accurate documentation and timely service. Knowledgeable in all loan documentation and disclosures and regulatory concerns.

ESSENTIAL DUTIES AND RESPONSIBILITIES (other duties may be assigned):

Review and set up loan files for consumer and mortgage loans.

Manage mortgage pipeline including ordering of appraisals and title searches, and scheduling of loan closings, requiring communication with multiple vendors.

Maintain various loan pipeline and production reports, requiring fluency with data entry systems including Microsoft Excel.

Data entry of originated loans into core processing system. Able to determine relevant data from loan documentation to accurately input information.

Oversees draws for construction and renovation loans.

Reviews files for proper documentation to ensure adherence to all regulations and bank policies.

Maintain rate indexes in core processing system.

Balance general ledger accounts monthly.

Oversee annual escrow analysis and oversee payment of tax and insurance bills for clients with escrow accounts.

Oversee disbursement of monthly invoices for PMI, mortgage life and disability insurance.

Perform loan maintenance activities on a wide variety of loan products.

Manage participation and purchased loan portfolio including posting of payments and reconciling balances and accrued interest.

Prepare documents including notes, mortgages, loan estimates and closing disclosures for consumer and real estate loans.

Answer phone calls and resolve customer questions or concerns regarding loan accounts and payments.

QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made for individuals with disabilities to perform the essential functions.

EDUCATION OR EXPERIENCE

High school diploma or GED and two years related experience and/or training, or equivalent combination of education and experience.

LANGUAGE SKILLS

Ability to read and interpret documents. Ability to write routine reports and correspondence. Ability to speak effectively with customers or employees.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply and divide using whole numbers and decimals. Ability to calculate figures and amounts such as discounts, interest, proportions, and percentages.

REASONING ABILITY

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made for individuals with disabilities to perform the essential functions.

While performing the duties of this job, employees are frequently required to sit, use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand, walk, climb, or balance; and to stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.

The noise level in the work environment is usually moderate.

Job Type: Full-time

Pay: $40,000.00 - $50,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Day shift
• Monday to Friday
• No weekends

Work Location: In person