Commercial Loan Processor

Job Description: Position Summary: The Commercial Loan Processor is responsible for processing commercial loans, ensuring compliance with regulatory standards. The incumbent is responsible for management of loan closings and post-closing process and the ongoing loan servicing responsibilities. Primary Responsibilities and Duties: Order and review due diligence reports according to established guidelines and specific transaction approvals. Review and process commercial loan applications. Ensure all applications are complete, accurate, and meet our lending criteria. Prepare commercial loan document packages and submit to Sr. Commercial Loan Processor for review and approval prior to proceeding with closing. Perfect the credit union’s lien on various types of collateral, i.e. filing mortgage, placing lien on titled vehicles, recording UCC financing statements. Review final closing documentation for accuracy, and regulatory and policy compliance. Update commercial reporting systems with post-closing and on-going servicing information. Review and process construction loan draws according to approved procedures. Prepare commercial loan pay-off letters and collateral releases promptly and accurately. Assists the Senior Commercial Loan Processors Assume additional responsibilities as required for the growth and advancement of Everwise. Knowledge/Skills: Foundation and understanding of commercial lending processes. Experience in commercial lending regulations and legal requirements. Experience managing documentation process for commercial loans. Excellent communication skills and customer service skills. Minimum Requirements: High School Diploma or GED 1+ years’ experience in commercial loan processing, mortgage loan servicing or processing, or title and escrow operations including property title research, documentation and closing coordination Experience working in loan processing software Proficient in Microsoft Office suite. Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. Welcome to Everwise Credit Union Careers! Everwise Credit Union puts people’s needs first, so no matter your story or your money savvy, we meet you where you are and equip you with the confidence and tools you need to get ahead—wherever you’re going. Originally founded as Teachers Credit Union, helping people understand and manage their financial future has always been central to what we do, even as we’ve expanded our community beyond teachers. Today, we serve more than 300,000 members across nearly 60 locations in the heart of the Midwest. Through personalized resources, services, tools and unparalleled access to innovative technology, we help everyone—teenagers to retirees, business leaders to the under-served—feel more in control of their money and their future. With every interaction, we seek to fulfill our purpose of helping people grow into their dreams. Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.