Commercial Loan Processor
24 hours ago
The Symicor Group is a boutique talent acquisition firm seeking a skilled Commercial Loan Processor to join our team. As a Commercial Loan Processor, you will be responsible for preparing, processing, and closing commercial loan packages with accuracy and efficiency.
Key Responsibilities:- Process commercial loan requests, including new and renewal loans, using prescribed procedures and software.
- Review loan approval profiles, obtain required information, and prepare loan closing documents.
- Prepare all necessary loan documents, including Promissory Notes, Business Loan Agreements, and Disbursement Requests.
- Confirm loan approval authority and review loan transactions.
- Determine initial underwriting documentation and review credit files.
- Order supporting documentation from approved vendors and communicate results to loan officers.
- Balance transactions, prepare general ledger tickets, and authorize wires for loan proceeds.
- Process loan file post-closing, including preparation and delivery of instruction letters and closing packets.
- High School Diploma or equivalent required; two (2) year degree or higher preferred.
- Two or more years of experience in commercial loan document preparation and/or document processing.
- Understanding of commercial term loans and lines of credit documentation.
- Ability to prioritize work on complex loan transactions and meet scheduled loan closing dates.
- Knowledge of compliance requirements for commercial borrowers and related state and federal lending laws.
- Highly accurate data entry skills and proficiency in PC and internet applications, including LaserPro, Excel, Word, and PowerPoint.
The Symicor Group offers a competitive hourly rate of $24 and a full benefits package. This is a non-remote position located in the Myrtle Beach, SC area.
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