Description
Responsible for assisting commercial loan officers with all activities associates with commercial lending, including working directly with borrowers and/or brokers to deliver a seamless and prompt commercial loan experience. Activities include collecting, reviewing, evaluating, structuring, and originating CRE loan requests and all supporting documentation. This support will allow our commercial loan officers to focus on originating more loans into the pipeline.
LOCATION
Mountain America Center - Hybrid:
9800 S Monroe St
Sandy, UT 84070
SCHEDULE
Full Time
To be effective, an individual must be able to perform each job duty successfully.
- Assists commercial loan officers in processing commercial loan applications.
- Prepares loan requests for formal underwriting by gathering financial information and supporting documentation.
- Processes and reviews documents received for each file, verifying the accuracy and completeness of each document.
- May input loan application data into loan origination system (does not take applications, quote rates or sell products).
- Performs pre-flight analysis to determine eligibility and basic underwriting to determine credit-worthiness.
- Actively reaches out to inform the borrower regarding loan statuses loans and documents all communication.
- Communicates with members regarding the lending product and general loan-related questions.
- Handles all member and in-house inquiries about transactions to ensure members receive superior service.
- Reviews loans in the pipeline and works with the processing team to ensure that settlement dates are met.
- May assist in ordering credit reports, business entity searches, title insurance, appraisals, evaluations, environmental reports and other third party reports.
- Gathers information for HMDA reporting.
- Prepares loan renewal, extension and modification requests.
- Assists members with online account opening, as needed.
- Assists in other tasks and projects as assigned.
KNOWLEDGE, SKILLS, and ABILITIES
The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
Experience
- Requires minimum 2 years’ professional experience in a progressive financial setting.
- Experience in a loan processing setting preferred.
Education
Associate's degree from an accredited institution in business, marketing, finance, economics or related field preferred. High school diploma or equivalent required Education will be verified. OR additional 1 year of relevant experience in a progressive financial setting.
Licenses, Certifications, Registrations
None
Managerial Responsibility
None
Computer/Office Equipment Skills
- Advanced skills with Microsoft Office Suite including Outlook, Word and Excel
- Demonstrated experience with loan origination system preferred
Language Skills
- Demonstrated ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations
- Demonstrated ability to document outcomes and present information in a manner appropriate for key stakeholders and all levels of the organization.
Other Skills and Abilities
- Ability to work both autonomously and collaboratively in a fast-paced environment.
- Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines
- Adaptive to change, responds positively to altered circumstances or conditions
- Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.
- Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.
- Excellent inter-personal skills including the ability to lead and collaborate with ad-hoc teams
- Data analytics and data validation skills and proficiency in business data analysis (MS Excel, etc.)
PHYSICAL ABILITIES / WORKING CONDITIONS
Physical Demands
Ability to sit, talk and hear consistently
Ability to stand, walk, and use hands to handle or reach occasionally
Vision Requirements
Close vision (clear vision at 20 inches or less)
Distance vision (clear vision at 20 feet or more)
Weight Lifted or Force Exerted
Ability to lift up to 10 pounds occasionally
Environmental
There are no unusual environmental factors (such as a typical office)
Noise Environment
Moderate noise (business office with computers and printers, light traffic)
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