Real Estate Loan Processor I

Description

JOB SUMMARY

Provides assistance and support to the professional lending staff regarding loan documentation preparation and review

ESSENTIAL DUTIES

The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties, as assigned, including cross training across other departments, as necessary.

• Provides assistance and support to the professional lending staff regarding loan documentation preparation and review
• Provides a high level of quality customer service, timely review, processing and turnaround of loan documentation
• Communicates policies and legal regulations regarding loan documentation to lenders, attorneys, title companies and employees
• Documents loan packages using an automated software program and verifies accuracy of input and document output
• Prepares manual documents and ensures correct combination of documents are received for each transaction to secure the legal interests of the Bank
• Participates in job specific training and other various Bank training programs, as necessary
• Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy
• Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML

Qualifications

QUALIFICATIONS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• A self-starting team player who possesses a High School Diploma or GED and minimum one to three years prior experience in real estate lending operations
• Sound understanding of collateral requirements and real estate documentation, policies and regulatory requirements
• PC literacy and knowledge of spreadsheet and word processing software
• Flexibility, professionalism, ability to work in a stressful environment and perform a variety of tasks with numerous interruptions
• Attention to detail and a high degree of mental concentration, as well as the ability to multi-task
• Good organizational, interpersonal and communications skills
• Bilingual in English and Spanish is desired

ORGANIZATION

• This position reports to the Real Estate Processor Supervisor
• This position does not oversee other positions

TRAINING REQUIREMENTS

All employees are required to attend scheduled mandatory trainings and complete online regulatory compliance training courses applicable to their specific job function. In all situations, employees must ensure that their actions fully comply with all federal banking laws and regulations, including internal bank policies and procedures. Failure to adhere to these requirements will be grounds for disciplinary action, including probation and possible termination.

COMMUNITY INVOLVEMENT

Lone Star National Bank’s Mission Statement includes a commitment to helping our communities grow by serving them with pride and integrity.  All employees are encouraged to volunteer for bank sponsored activities, civic, charitable and community events and to be active in the communities we serve.

LSNB is an Equal Opportunity/Affirmative Action Employer and does not discriminate in the recruitment, hiring, and conditions of employment on the basis of race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, marital status, disability, age, veteran status, or any other status as protected by applicable laws.

Management reserves the right to change this position description at any time according to business needs.