About this opportunity
Peoples Security Bank & Trust Company lists this Senior Commercial Loan Closer opportunity in moosic, Pennsylvania. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Job Description
Description:
General Responsibilities
Responsible for performing a variety of duties to support the loan documentation and loan processing function for commercial/small business transactions;
coordinating work within the department, as well as with other departments;
reporting pertinent information to the immediate supervisor;
responding to inquiriesor requests for information.
Essential Duties
Performs a variety of duties to support the loan documentation function as follows:
Verifies all loan information pertaining to small business and commercial lending in preparation for final loan documentation for closing.
Verifies loan approvals to loan policies.
Reviews loan applications to verify that application data is complete and meets establishment standards, including full execution by all parties and Bank.
Reviews document preparation folders for completeness and accuracy
Informs Lenders and administrative support of missing information, documentation and discrepancies.
Verifies loan to values as appropriate to the transaction at hand and for reporting accuracy.
Completes and/or follows up on any additional records with regard to the processed loans
Prepares and reviews commercial modification documentation as needed including calculation of adjusted payments.
Obtains additional needed information through a variety of methods in order to ensure that the proper preliminary documentation has been obtained prior to the preparation of final loan documentation, i.E. articles of incorporation, business agreements, certificate of good standing, appraisals, automated underwriting findings, investment account statements, etc.
Performs review of attorney-prepared loan documentation for accuracy and informs Lenders of necessary changes, as needed.
Performs secondary review of loan documentation of other loan closers prior to distribution of loan documents including review of attorney-prepared loan documentation.
Generates and distributes loan documentation for closings to Lenders and administrative support;
reviews HUD Settlementsstatements and verifies accuracy and funds to close.
Reviews executed loan documentation to ensure that the proper signatures have been obtained after closing including loans where documentation has been prepared by outside counsel;
ensures all the proper documents are included in the final loan files and completes the organization of the permanent loan documentation file.
Provides support to post-closing loan processor, when necessary, with regards to tracking and preparation of the loan file for imaging and filing
Processes withdrawn, approved not accepted and declined commercial loans as needed for HMDA reporting purposes including generating Adverse Action Notice for loans declined due to poor credit history
May assist in the training of Commercial Loan Closer
Ancillary Duties
Perform tasks which are supportive in nature of the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.
Physical Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the essential job functions of this position, the employee is regularly required to sit, stand, talk, hear, walk, use hands and fingers, handle or feel objects, and reach with hands and arms. At times required to stoop, kneel, bend, crouch and lift up to 25 pounds. This position requires regular use of a computer.
Peoples Security Bank and Trust Company is an Equal Opportunity Employer
Requirements:
Education/Training: A high school diploma or equivalent.
Skill(s): Must demonstrate strong communication skills;
moderate interpersonal relations skills;
proficient PC skills, including Microsoft Word and Excel;
working knowledge of loan documentation and requirements for completion. Knowledge of documentation software (LaserPro) preferred.
Experience: A minimum of five (5) years’ experience in related banking/loan closing positions normally required.
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Worksite address
moosic, PA, 18507, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.