Commercial Loan Processor at Corda Credit Union

Cedar Rapids, Iowa, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Jun, 26

Salary

0.0

Posted On

06 Mar, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Coordination, Collaboration, Information Assembly, Appraiser Coordination, Title Company Coordination, Settlement Agency Coordination, Research, Document Preparation, Data Transfer, File Maintenance, Risk Management, Post-Closing Verification, Financial Document Analysis, Microsoft Office Suite, Communication, Confidentiality

Industry

Banking

Description

Join Corda Credit Union as a Full-Time Commercial Loan Processor and be part of a dynamic team dedicated to member-centric service in Cedar Rapids, IA. This onsite position offers the opportunity to work closely with members, helping them fulfill their financial goals through tailored loan solutions. You will gain invaluable experience in the credit union industry while enhancing your processing skills in a professional environment that values integrity and excellence. Your contributions will directly affect local businesses, making a tangible difference in the community. Collaborate with experienced colleagues to foster a culture of growth and dedication. With a competitive starting salary, you will also enjoy great benefits such as medical, dental, and vision insurance. Additional benefits include the option to participate in our 401(k) plan with a generous employer match, paid time-off (vacation, sick, and volunteer time), and employee discounts. Ready to make a difference? Apply today to become part of our dedicated team. https://www.cordacu.org/careers/ What would you do as a Commercial Loan Processor? As a Commercial Loan Processor at Corda Credit Union, you will be instrumental in coordinating loan transactions by collaborating with borrowers, the Commercial Team, and our vendor partners. You will work with current and prospective borrowers to assemble the needed information for loan analysis. Your responsibilities will include coordinating with appraisers, title companies, and settlement agencies to help facilitate loan closings. You will conduct essential research related to items such as taxes and insurance. Additionally, you will prepare closing loan documents and ensure accurate data transfer into key systems You will maintain organized loan files through scanning and indexing into our documentation management software. You will also research and identify solutions to aid the Credit Union in risk management. Finally, you will verify that all post-closing functions are executed accurately and in a timely manner, enhancing the efficiency of our loan processing operations. What we are looking for in a Commercial Loan Processor To excel as a Commercial Loan Processor at Corda Credit Union, you must possess a solid understanding of basic financial documents, including balance sheets, income statements, and personal and business tax returns. Proficiency in Microsoft Office Suite is essential for effectively managing various tasks and documentation. Strong verbal and written communication skills are crucial, as you will interact with borrowers, team members, and vendor partners throughout the loan process. Maintaining confidentiality of sensitive information is also a key responsibility that requires professionalism and integrity. Your organizational skills will be vital for managing loan files and ensuring that all documentation is accurately processed and stored. Finally, a proactive approach to problem-solving will enable you to identify and implement risk management solutions effectively in this fast-paced environment. Join us! If you think this job aligns with your requirements, then submitting an application is simple. Good luck!

Responsibilities

The Commercial Loan Processor will coordinate loan transactions by collaborating with borrowers, the Commercial Team, and vendors, while assembling necessary information for loan analysis. Responsibilities also include coordinating third-party services, conducting research, preparing closing documents, ensuring accurate data entry, maintaining organized files, and verifying post-closing functions.