Loan Processor - Support

We are looking for a detail-oriented Loan Processor - Support specialist to our bank in La Grange, Illinois on a Contract to hire basis. This position supports commercial lending activities by coordinating due diligence, preparing closing documentation, maintaining accurate loan records, and assisting with operational requests throughout the loan lifecycle. The ideal candidate brings strong organizational skills, sound judgment, and the ability to manage multiple deadlines while delivering responsive service to internal and external partners.

Responsibilities:

• Initiate and monitor pre-closing due diligence by ordering and reviewing items such as organizational searches, title work, credit reports, flood certifications, lien and tax checks, corporate standing documents, and business reporting records.
• Maintain an active portfolio of loan files by updating tracking tools, organizing digital documentation, and ensuring records are properly stored across internal shared folders and cloud-based systems.
• Partner with lenders and title companies to coordinate commercial loan closings, confirming that title conditions and other required items are completed before funding.
• Review closing packages for completeness, finalize documentation prior to settlement, and submit loan booking requests once all required materials have been received.
• Prepare comprehensive loan files for closing and process wire request documentation in support of funding activities.
• Track reporting data related to organizational requirements and work closely with Loan Operations to support accurate loan reporting and system records.
• Follow monthly exception and tickler reports to pursue recorded documents, insurance or policy requirements, and any outstanding post-closing items in a timely manner.
• Oversee active pipelines for new loans, renewals, letters of credit, and filing continuations while coordinating updates with loan officers and lending partners.
• Respond to servicing and operational inquiries, resolve routine loan issues, and process both financial and non-financial loan maintenance requests, including debit and credit transactions with awareness of general ledger impact.
• Contribute to team collaboration through meetings, cross-training, and coverage support during high-volume periods while adhering to regulatory standards and internal banking policies.