Loan Processor

4 days ago


El Dorado, Arkansas, United States First Financial Bank Full time

Job Summary: We are seeking a highly skilled Loan Processor to join our team at First Financial Bank. The successful candidate will be responsible for processing payments for all loans and participations, as well as loan set up and maintenance.

Key Responsibilities:

  • Process disbursements (wires and checks) for all divisions.
  • Post integrator, dairy, and customer check/wires and figure payments and post to loans.
  • Loan set up and disburse funds.
  • Maintain master posting book and send to offices.
  • Verify assignments sent from AG Offices.
  • Modifications and Extensions.
  • Frequently assist in participation set up on loans sold.
  • Frequently assist in changing loans from interest only to permanent status.
  • Frequently assist in MDA participations.
  • Send payoffs to offices - keep up with pre-payment penalties and notify SBA of payoff.
  • Send all loan payoffs requested from offices.
  • Frequently assist in all Note Maintenance forms.
  • Workstation balance at end of day - check loan participation report.
  • SBA - answer all questions and research discrepancies.
  • Suspense GL report - frequently assist in reconciling GL for each office.
  • Phone calls - work with assistants in offices with questions and troubleshooting.

Requirements:

  • High school diploma or general education degree (GED), Associate degree (A. A.) or equivalent from two-year college or technical school with an emphasis in business/accounting.
  • Four to six years related experience and/or training preferred; or equivalent combination of education and experience.

Skills and Abilities:

  • Excellent customer communication skills and interpersonal relationship skills.
  • Excellent organization skills and the ability to work well under pressure with strict deadlines.
  • Strong computer background in MS Excel and Word.

Benefits:

  • Health/RX/Dental Plan
  • Company paid Life Insurance
  • Paid Vacation & Holidays
  • 401(k), Profit Sharing and ESOP

First Financial Bank is an Equal Opportunity Employer.


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