Moody National Bank provides excellent employment opportunities for individuals seeking to team up with a solid leader of financial services for the communities we serve. If you have an interest in joining a stable, competitively advantaged banking team you should consider Moody National Bank.
LOAN PROCESSOR for our full service banking centers – LOCATED IN THE, CLEAR LAKE BANKING CENTER, JOB (#33-19)
All correspondence must refer to a specific job number
The Loan Processor will responsible for producing loan documents for both new and renewing loans. Once loans are funded, upload loan information into the Core System. Order coupon books for loan payments. Work with force placed insurance billings & refunds. Work with Loan Operations Manager on monthly reports, and work on collateral exception reports.
Principle Duties and Responsibilities:
With instructions from loan officer or through DecisionPro, produce loan documents for new loans and renewals of existing loans.
Responsible for satisfactory review of loans presented by Loan Officers for processing and determine if they are compliant with the loan policies and procedures of the bank. If not compliant, then returning such loans back to the Loan Officer for corrective action.
Work with lending team and other areas of Loan Operations throughout the loan process to ensure that documents are complete and accurate.
Once loan documents are signed and loan is funded, upload loan data into the Core System.
Input loan file maintenance requests into the Core System.
Update collateral exception report, adding new loan exceptions and updating received items. Distribute monthly to the lending staff.
Work with monthly CPI billing and refunds. Input transactions on the loans as appropriate to add to the balance for premiums, or balance reductions for premium refunds.
Prepare loan activity ‘Daily Schedule’ recapping what loans were funded, renewed, modified, advanced on or paid off from the previous day.
Perform UCC searches for loans requiring in-house documents.
Monitor & remove final ACH payments.
Order payment coupon books for loan payments.
Distribute daily reports from the Core System’s overnight processing.
Produce OFAC inquiries on loan renewal dates.