Loan Pre-Closing Processor

Loan Pre-Closing Processor 3.4 3.4 out of 5 stars Stock Yards Bancorp, Inc. (

NASDAQ:

SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.

Job Title:

Loan Pre-Closing Processor FLSA Status:

Non-Exempt Department:

Loan Operations Hours of Operation:

M - F, 8am - 5pm

Organizational Duties and Responsibilities:

Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures. Supports all functions that maintain compliance with regulatory agencies

General Job Summary:

Participate in data gathering, document verification and Disclosure delivery for Consumer Lending products by performing a pre-closing review of submitted applications and document requests. Assist Commercial, Private Bankers and Small Business sales team by reviewing and organizing loan request submission and memorializing the documentation in the system of record.

Essential Duties and Responsibilities:

Administrator of the Loan Documentation mailbox, assigning pre closing and doc prep requests Perform a pre-closing quality review of approved Documentation requests. This is done with a high level of concentration on preventing and eliminating policy, regulatory, and documentation exceptions Review all regulatory data for incoming requests including HMDA and Flood insurance requirements Communicate with lender, coordinator, or underwriter to correct any issues found during review Send customers various pre-closing documents by mail or electronic delivery Order vendor work for Consumer Real Estate requests using various vendor systems Work with customers, lenders, or coordinator to confirm closing dates Ensure all due diligence as outlined in the approval are moved into the system of record Ensure documentation is complete and accurate and ready for closing Communicate effectively with customers, internal and external, verbally or in writing by answering questions regarding proper closing procedures and protocol

Other Functions:

Complete continuing education and training via the use of the Bank's computer-based training classes and other classes and seminars as assigned by Department Manager, HR, or Compliance Order due diligence items needed for Consumer Lending Products Assign loan numbers Other duties as assigned

Working Conditions:

Works in an office setting using a computer and various programs; occasional visits to other areas within the Bank.

Minimum Job Requirements:

Education:

High School Diploma or GED Experience:

Minimum of 1 year banking experience preferred

Comprehensive Skills:

Employees are expected to represent Stock Yards Bank & Trust in a professional manner to customers and outside contacts. Employees must have excellent interpersonal communication skills, consisting of the ability to write and speak effectively to others. Employees must be a productive team player, with the ability to learn, apply training and comprehend policies and procedures. Employees should also be flexible to changing working situations and able to meet deadlines as they arise.

Specific Skills:

Familiarity with Microsoft Word and Excel Comfortable working towards deadlines Detail-oriented Concentration on a team atmosphere with a high level of customer service to our lenders and their support staff Dependability with a follow-through attitude

Specialized:

Knowledge of HMDA, Flood, CRA, Reg O, Reg U, Articles 5 & 9 of the

Uniform Commercial Code Physical Requirements:

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Primarily sedentary work performed in an office environment Ability to sit for extended periods of time while working at a computer Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person Visual acuity sufficient to read computer screens, printed documents, and financial data Occasional standing, walking, bending, or reaching Ability to lift and carry up to 10-15 pounds occasionally (e.g., files, office supplies)

Benefits:

401(K) with a company match of up to 6% ESOP employer match Medical insurance Dental insurance Vision insurance Cancer/Disease insurance Accident insurance Flexible Spending Accounts Flexible Savings Accounts Health Savings Accounts Bank paid Life/AD&D insurance Voluntary Life/AD&D insurance Bank paid Short-Term and Long-Term Disability insurance Employee Stock Purchase Plan Employee Assistance Program