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Commercial Loan Processor I

Company: MidWestOne Bank
Location: Cedar Falls
Posted on: November 22, 2021

Job Description:

Overview: The Commercial Loan Processor I, processes compliant commercial loan documentation following industry and MidWestOne best practices. Responsibilities: Process commercial loan documentation following MidWestOne Loan Policy and best practices.Assist SBA Department with documentation requests.Assist Lenders and Loan Servicing Staff with compliance, policy, and best practices requirements.Review incoming loan requests for completeness and data accuracy.Use the loan document imaging system to validate information on loan requests.Perform pre-closing compliance reviews including, but not limited to Flood, Reg B, HMDA, CRA, Beneficial Ownership, and CIP.Verify loan approval prior to producing loan documentation.Document transaction notes to be used in loan documentation upload.Other duties may be assigned.The Perks!Competitive base compensation with additional performance-based incentives/bonus potential (incentives and bonus will vary depending on role)Career growth opportunitiesContinuous learning opportunities401(k) Retirement Plan with company match with immediate vesting Employee Stock Ownership PlanEmployer provided group life insurance with option to purchase additional life insurance for you and your family membersEmployer provided long term and short term disability insurancePaid Time Off, Paid Holidays, Parental/Grandparent Leave, and more! Medical, Dental, and Vision insuranceFlex spending plan & Health savings accountsAdditional Insurance options to meet your personal needs: Pet Insurance and Critical Illness and Accident insuranceStudent Loan Debt Reduction Program & Tuition Assistance PlanWellness ProgramFree banking services and other financial services discountsTake Your Dog to Work Day in JuneEmployee Rally Day- a day of celebration and recognition! Qualifications: Associates degree (A.A.) or equivalent from two-year College or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.WeRISEby lifting others.RISEstands for Retention, Innovation, Support, and Empowerment.ThroughRISEwe aspireto create and sustain a culture of diversity,inclusion and belonging at work and in our communities.Our commitment toRISEisreflected in ouroperating principles, peopleand culture. We pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potential.

Keywords: MidWestOne Bank, Cedar Rapids , Commercial Loan Processor I, Other , Cedar Falls, Iowa

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