Commercial Loan Processor

POSITION SUMMARY:
Responsible for processing loan packages in accordance with Agency and portfolio guidelines. Assembles and verifies accuracy of documentation for all types of loans.
RESPONSIBILITIES AND ACCOUNTABILITIES - essential job functions include but are not limited to:
1. Process loan application files in accordance with the Bank's policies and procedures.
2. Issue a Needs List to applicants or brokers and collect requested documents
3. Verify application data is complete and meets established standards and regulatory compliance
4. Secure information for loan packages, including title reports, borrower financials, credit reports, and real estate contracts.
5. Organize allocation of fees and prepare ledgers for related accounting and disbursement.
6. Run OFAC, GEO Coding and Flood Certification
7. Process 4506-T requests from IRS, to ensure legitimacy of Borrower income.
8. Review of Operating History, Rent Roll and Rental Agreements / Estoppels for accuracy
9. Ensure accuracy of HMDA data for each loan
10. Insure loan process adheres to all applicable compliance regulations, including Bank Secrecy Act, Right to Financial Privacy and Fair Lending
11. Coordinate, obtain, and review pre-closing conditions, including hazard insurance requirements
12. Monitor and maintain loan application packages in pipeline
MINIMUM QUALIFICATIONS:
• High School Diploma or GED required, Associate's Degree or equivalent a plus.
• Minimum of four years mortgage lending experience.
• Ability to handle heavy volume of transactions and multiple tasks as required.
• Ability to read complex loan agreements to determine appropriate documentation.
• Must be detail oriented with strong organizational, computer, communication and interpersonal skills.
The Bank is in full compliance with the Americans with Disabilities Act (ADA) and does not discriminate with regard to applicants or employees with disabilities, and will make reasonable accommodation when necessary. The following are essential abilities and physical requirements for all positions at the Bank:
• Ability to verbally communicate effectively with others,
• Ability to communicate effectively in writing, using the English language.
• Ability to accurately count and perform arithmetic calculations.
• Ability to work cooperatively with colleagues and supervisory staffs at all levels,
• Exposed to short, intermittent, and/or prolonged periods of sitting and/or standing in performance of job duties,
• Ability to use various types of equipment/supplies to include, but not limited to, computers, pens, pencils, calculators, telephone, etc. to accomplish job duties.
• Regular attendance
2/4/2022
• Travel by car, airplane, bus or train to other Bank offices and on occasion, to other sites to attend meetings, conferences, workshops, seminars, etc.
OneUnited Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected