Seeking a Commercial Loan Processor to join a financial institution in Miami! The Commercial Loan Processor will be responsible for managing the loan processing workflow from application through approval, ensuring all required documentation and compliance standards are met. The ideal candidate will have a keen eye for detail, excellent organizational skills, and the ability to work efficiently under pressure.
Key Responsibilities:
- Process commercial loan applications by collecting, reviewing, and verifying necessary documentation, including financial statements, credit reports, and business plans.
- Ensure all loan documents are accurate, complete, and comply with company policies and regulatory requirements.
- Work closely with loan officers, underwriters, and other team members to facilitate a smooth and efficient processing workflow.
- Communicate with borrowers to obtain additional information, answer inquiries, and provide updates on the status of their loan applications.
- Maintain up-to-date knowledge of industry regulations and company policies to ensure all processing activities comply with legal and regulatory standards.
- Identify and resolve issues or discrepancies in loan applications and documentation, working with relevant parties to find solutions.
- Enter and maintain accurate data in loan processing systems, ensuring all records are up-to-date and accessible.
- Generate and review reports related to loan processing metrics, performance, and compliance as needed.
Qualifications:
- Bachelor’s degree in Finance, Business Administration, or a related field preferred. Relevant experience may substitute for formal education.
- 3+ years of experience in commercial loan processing or a related financial services role.
- Strong understanding of commercial loan products, processing procedures, and compliance regulations.
- Excellent organizational skills with a strong attention to detail and the ability to manage multiple tasks simultaneously.
- Strong verbal and written communication skills, with the ability to interact effectively with clients and internal team members.
- Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and experience with loan processing software or systems.
"Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity.
Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law. "