Job title: Commercial Loan Processor I
Company: Fremont Bank
Job description: Title: Commercial Loan Processor ILocation: Livermore, CAHiring salary range: $21.44 – $27.62 per hourFremont Bank founded in 1964, is one of the oldest independently owned banks in the Bay Area and is one of the top rated mid-tier banks in the nation. Voted a Top Workplace for 2023 and for the past thirteen consecutive years, Fremont Bank has an immediate opening for a Commercial Loan Processor I in Livermore, CA.Position OverviewThe role of the Commercial Loan Processor I is to support the underwriting team. The primary job function is to assist the team in gathering the documents and information necessary for Fremont Bank to make sound and informed lending decisions. The Commercial Loan Processor I assists with origination and renewal business, commercial real estate, multifamily, and construction loans. The Commercial Loan Processor I is a positive, motivated team-player who assists the Commercial Lending Department in its objective to deliver timely, accurate loans to clients, while providing Six Diamond service.Role and Responsibilities
- Prepare due diligence checklist
- Track receipt and completeness of borrower and property due diligence
- Order third party reports (appraisal, environmental, etc.)
- Order flood certificate
- Order and review credit report
- Order and review preliminary title report
- Upload and track documents in nCino (document manager application
- Prepare insurance request letter and ensure that final insurance meets Fremont Bank Guidelines
- Understand the purpose and reasoning for each document requested
- Send renewal letters on monthly basis
- Prepare loan withdrawal/decline packages
- Update/track loan status on regular basis in the Bank’s database
Minimum Qualifications
- Associate Degree in Business/Finance or equivalent related experience
- A minimum of one plus years of previous banking experience in administrative/analytical support
- Must possess excellent organizational, communication, writing, and customer service skills
- Ability to handle multiple projects and assignments while delivering quality work product
- Proficient in Microsoft Suites
- Base knowledge of tax returns and various types of financial statements preferred
- Experience in processing commercial loans preferred
Expected salary: $21.44 – 27.62 per hour
Location: Livermore, CA
Job date: Fri, 18 Oct 2024 06:11:04 GMT
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