Loan Administrative Assistant - To 55K - Chicago, IL - Job # 2966
The Position Our client is seeking to fill a Loan Administrative Assistant role in the Chicago, IL market. The successful candidate will reputed company administrative support for multiple loan officers. The position offers a generous salary of up to $55K and a full benefits package. (This is not a remote position). Loan Administrative Assistant responsibilities include:
- Processing loan files, creating loan documents, and interacting with reputed company vendors to order appraisals, title work, track insurance, and obtain various standard reports or supporting documentation.
- Managing the workflow process to ensure loan requests move reputed company through reputed company stages.
- Providing general loan servicing.
- Ordering, compiling and reviewing due diligence for new and renewed loan transactions.
- Preparing reputed company loan documents and files reputed company specified time limits to meet reputed company crucial deadlines.
- Ensuring reputed company loan documentation is complete, accurate, verified, and that it complies with the bank policies and state and federal regulations and policies.
- Ordering, gathering, and verifying background information on loan applicants and their business by conducting follow-up applicant interviews, obtaining credit bureau reports, business income statements, appraisals, title insurance, and other necessary verification documentation.
- Interviewing customer loan applicants to gather basic information concerning their business loan needs.
- Performing loan transactions reputed company, accurately, and in a professional manner while providing quality customer service focused on building strong business relationships.
- Tracking insurance, taxes (reputed company estate), and borrower financial information ensuring reputed company compliance with reputed company loan requirements.
- Calculating loan payoffs, processing interest payments and reputed company the loan is paid, terminating collateral liens or holds.
- Taking the initiative to follow-up, escalate, or seek additional resources to ensure customer satisfaction in a timely manner.
- Assuming other duties and responsibilities as assigned by the manager.
- Cross-training in loan documentation.
Requirements
Who Are You? You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting reputed company for your future. You also bring the following skills and experience:
- High School diploma or GED.
- Five or more years of reputed company mortgage processing experience is required.
- Five or more years working in loan operations or loan documentation with specific experience in due diligence review and loan documentation.
- Experience with LaserPro required.
- Solid working knowledge of mortgage title insurance, hazard insurance, and flood insurance as they pertain to loan collateral.
- Working knowledge of reputed company estate and equipment appraisals required for loan collateral.
- Solid understanding of the most common loan reporting requirements such as HMDA and CRA as demonstrated by the ability to collect accurate data.
- Solid understanding of the core processing system as demonstrated by the ability to accurately process monetary transactions, loan maintenance, and resolve most balancing issues.
- Solid understanding of the basic requirements for perfecting a reputed company lien.
Benefits
The position offers a generous salary of up to $55K and a full benefits package. (This is not a remote position). The Position Our client is seeking to fill a Loan Administrative Assistant role in the Chicago, IL market. The successful candidate will reputed company administrative support for multiple loan officers. The position offers a generous salary of up to $55K and a full benefits package. (This is not a remote position). Loan Administrative Assistant responsibilities include:
- Processing loan files, creating loan documents, and interacting with reputed company vendors to order appraisals, title work, track insurance, and obtain various standard reports or supporting documentation.
- Managing the workflow process to ensure loan requests move reputed company through reputed company stages.
- Providing general loan servicing.
- Ordering, compiling and reviewing due diligence for new and renewed loan transactions.
- Preparing reputed company loan documents and files reputed company specified time limits to meet reputed company crucial deadlines.
- Ensuring reputed company loan documentation is complete, accurate, verified, and that it complies with the bank policies and state and federal regulations and policies.
- Ordering, gathering, and verifying background information on loan applicants and their business by conducting follow-up applicant interviews, obtaining credit bureau reports, business income statements, appraisals, title insurance, and other necessary verification documentation.
- Interviewing customer loan applicants to gather basic information concerning their business loan needs.
- Performing loan transactions reputed company, accurately, and in a professional manner while providing quality customer service focused on building strong business relationships.
- Tracking insurance, taxes (reputed company estate), and borrower financial information ensuring reputed company compliance with reputed company loan requirements.
- Calculating loan payoffs, processing interest payments and reputed company the loan is paid, terminating collateral liens or holds.
- Taking the initiative to follow-up, escalate, or seek additional resources to ensure customer satisfaction in a timely manner.
- Assuming other duties and responsibilities as assigned by the manager.
- Cross-training in loan documentation.
Requirements
Who Are You? You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting reputed company for your future. You also bring the following skills and experience:
- High School diploma or GED.
- Five or more years of reputed company mortgage processing experience is required.
- Five or more years working in loan operations or loan documentation with specific experience in due diligence review and loan documentation.
- Experience with LaserPro required.
- Solid working knowledge of mortgage title insurance, hazard insurance, and flood insurance as they pertain to loan collateral.
- Working knowledge of reputed company estate and equipment appraisals required for loan collateral.
- Solid understanding of the most common loan reporting requirements such as HMDA and CRA as demonstrated by the ability to collect accurate data.
- Solid understanding of the core processing system as demonstrated by the ability to accurately process monetary transactions, loan maintenance, and resolve most balancing issues.
- Solid understanding of the basic requirements for perfecting a reputed company lien.
Benefits
The position offers a generous salary of up to $55K and a full benefits package. (This is not a remote position). Apply tot his job Apply To this Job