At a glance
Location: US-MN-Eden Prairie
Posted: 4/1/2021
Closing: 4/30/2021
Degree: Not Specified
Type: Full-Time
Experience: Not Specified
Loan Coordinator - $45-50K (ts21)
Job description
  • Provides administrative and/or operational support within the one or more of the following loan areas; processing, closing, servicing, documentation, notes, disbursements, etc.
  • Provide backup support to the reception area which includes answering and directing calls, handeling the incoming and outgoing mail, ensuring the front office area is neat and tidy and providing a warm and welcoming experience¬†
  • Maintains files, documents, notes, etc.
  • Responsible for verifying completeness of files with all necessary documents and signatures required.
  • Performs review of loan and collateral documents and loan packages to insure bank's security interest and adherence to established policies and procedures.
  • Updates computer system with pertinent collateral information and collateral exception information; tracks and clears said exceptions.
  • Works with lending staff in resolving discrepancies in collateral documentation.
  • Research and process rejected payments and handles payments received when collateral is released.
  • Calculate pre-payments penalties and coordinates settle escrow funds when a loan is paid off.
  • Incumbent is responsible for conducting a complete and accurate payoff transaction.
  • Bachelor's Degree in Business or a related feild ; we will train the rest!¬†

We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.