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Commercial Loan Processor

TMF CAPITAL GROUP LLC

Commercial Loan Processor

Ontario, CA
Full Time
Paid
  • Responsibilities

    Job Description

    As experts in commercial finance, we have a comprehensive portfolio of business loans that can meet a variety of business needs. We’ll listen to your business concerns and growth plans to tailor a loan to cover a variety of purchases ranging from real estate, equipment, debt consolidation, and expansion so you can grow your business into the future.

    TMF Capital Group has the following open position for a Loan Processor.

    Responsible for a variety of complex operational duties related to the processing and documentation of loans.

    Essential Job Functions

    • Acts an expert in various loan functions and handles processes and issues of high complexity.

    • Responsible for ensuring complex loan transactions are complete and accurate and are in keeping with the terms and conditions approved by the appropriate authority.

    • Contacts relevant parties to collect necessary documentation and may act as a liaison between Bank personnel, and customers. • Reviews loan transactions for any changes/exceptions; requests additional documentation and/or supporting documents, if needed

    . • Ensures loan system accuracy and adherence to policies and procedures. • Maintains an in depth understanding of loan portfolios to ensure quality customer service while protecting the Bank. Other Job Duties

    • Performs other duties as assigned. Required Experience. KNOWLEDGEABLE IN ALL SOFTWARE'S IE. WORD, EXCEL, POWERPOINT, ETC.

    • Requires broad knowledge of operational systems and practices typically gained through extensive experience and/or education.

    • Requires 5 years minimum experience.

    • May require vocational or technical education in addition to prior work experience. Education

    • High School Diploma or GED Required Skills

    • Complete knowledge of the products, policies and processes that relate to unit assigned.

    • Complete knowledge of banking operations. Commercial Loan Documentation

    • Responsible for compiling and preparing standard and non-standard loan documents as per terms and conditions of the approval for all loans.

    • May be responsible for loan files from any or all points including loan processing, loan documentation preparation, pre-boarding data entry, loan documentation review, loan closing, and/or tickler/file maintenance

    . • May assist in projects relative to process/workflow improvements, system updates/releases, system enhancements, etc. Commercial Loan Servicing

    • May process complex loan transactions and/or book loans to the loan system

    • Review and process complicated requested financial transactions (including Syndications and Special Assets) originated from customers and internal business partners.

    • May perform reviews of transactions processed by other CLS staff to determine whether the transaction was posted completely and accurately.

    • May handle escalated or complicated research requests as needed

    • May perform periodic report review • May work with internal partners to reconcile GL and other accounts • May interact with outside service providers or government agencies