Commercial Loan Processor I

Looking to start in banking? This is an exciting opportunity to learn commercial loan processing and build a meaningful career. Apply with us today! About Us Rooted in Our Community Since 1966 Byron Bank was founded on a simple idea: banking should be personal, dependable, and deeply connected to the people it serves. Nearly 60 years later, that vision remains at the heart of everything we do. Since 1966, Byron Bank has stood strong as a community partner, resilient through change, and always focused on people first. Guided by three generations of dedicated leadership, we've stayed true to our mission of building lasting relationships, supporting our local economy, and showing up for our neighbors - because that's what community is all about. Our commitment extends beyond banking. We actively participate in initiatives that support education, local businesses, and community development. By investing our time and resources, we aim to make a positive impact on the lives of our neighbors. Byron Bank is proud to be more than just a bank; we are proud to be a leader in our community.

Learn more at:

https://byronbank.com/about-us/communityinvolvement Why Should You Join Us? At Byron Bank, "You Ask, We Help" isn't just a tagline, it's our approach to everything we do. We understand what it takes to provide our customers with the level of service they expect and the solutions they need to help them achieve their financial goals. We recognize that our greatest asset is our employees and take great pride in hiring qualified individuals to complement our existing teams. We're always eager to connect with talented individuals who share our commitment to exceptional service and community impact. Join us and help our customers feel confident about their financial futures - every conversation, every day.

What You Should Know About The Role:

The Commercial Loan Processor is responsible for assisting loan officers in all phases of processing. The processor is responsible for processing and documenting approved loans in accordance with bank policy and regulatory guidelines. This individual communicates with lenders, customers, internal staff, title companies, etc. to respond to inquiries, resolve problems and obtain all necessary documentation required.

Job Duties & Responsibilities:

Assist Lenders during all stages of the loan Collecting financial information Loan advances and payments Mail out paid notes, releases and titles on loans that are paid in full Prepare and send early loan disclosures (as required) Order title work, flood certifications, & UCC filings (as required) Order Appraisals, send for review and delivery to lender/client Handle floor plan draws and pay downs along with updating report Prepare loan documents for loan officers Prepare disbursement of funds - wire or cashier's check Prepare loan denials (as directed by loan officer) Prepare for the renewal cycle on existing loans Load loan & customer data into the ITI system Complete maintenance checks on loans loaded in ITI by fellow processors Assist with resolving loan non-posts Department filing, imaging and tracking (mortgage, release, insurance, etc.) HMDA reporting and monitoring Pull credit reports on behalf of loan officers

Additional Duties & Responsibilities:

Be cross trained in Consumer Processing This position description is not designed to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee. Duties and responsibilities may change, or new ones may be assigned at any time with or without notice.

Required Skills & Attributes:

Strong and effective communication skills, both oral and written Excellent relationship and customer service skills Ability to handle multiple tasks and meet deadlines Ability to read and interpret legal documents Ability to gather and track information Proven analytic and critical thinking skills Excellent organizational skills and attention to detail Ability to operate standard office and bank equipment

Education & Experience:

High school diploma or equivalent 1-2 years of banking preferred

Physical Requirements:

Ability to sit for up to 8 hours a day Ability to work on a computer for extended periods of time

Pay Range:

$20.00-$24.00 per hour

Compensation Overview:

The anticipated hiring range for this position is $20.00-$24.00 per hour which reflects what we reasonably expect to pay for candidates who meet the standard qualifications for the role. Actual base pay will vary depending on job-related knowledge, skills, credentials, experience, and location.

Benefits:

Health Insurance (Medical, Dental, Vision) 401(k) with match Health savings account Life insurance Paid time off (vacation, sick, volunteer)

Work Location:

Byron Equal Employment Opportunity:

Byron Bank provides equal opportunity for all employees and applicants for employment and makes all employment decisions without discrimination on the basis of race, religion, color, sex (including pregnancy and gender identity), sexual orientation, national origin, age, disability, family medical history or genetic information, political affiliation, military service, disability challenges, marital status, ancestry, status upon discharge from military service, order of protection status or other non-merit based factors (actual or perceived). These protections extend to all management practices and decisions, including recruitment and merit practices, appraisal systems, promotions and training, and career development programs.