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