Business Commercial Loan Processor job vacancy in Beneficial State Bank, (Roseville, CA 95661)

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We got a new job details in Beneficial State Bank & they are Hiring Candidates for Business Commercial Loan Processor

Job Details
Company Name : Beneficial State Bank
Company Location : Roseville, CA 95661
Job Position : Business Commercial Loan Processor
Job Category : Jobs in California

Job Description :
Our ideal candidate: We are seeking candidates deeply committed to our mission: to transform the banking industry from within. We lead by example, collaborate with and invest in change-makers, and build sustainable prosperity in our communities.

Who we are: Beneficial State is one of only a handful of B-Corp banks in the nation and one of the highest-rated B-Corps on the planet. That means that we subscribe to a rigorous evaluation standard that measures our positive impact, not just our profitability. We demonstrate how a bank can combine social equity, environmental sustainability, and business stability to create a better financial system – a system that drives inclusive prosperity to benefit people and the planet. #BCorp #WeAreBCorps

Join our team: If you are ready to do challenging and transformative work that will build a brighter future for us all, and you are hungry to bring your passion and energy to the table, we welcome your application.

The Business Commercial Loan Processor will have a high level of supervision and support and is responsible for loan operations activities including basic loan documentation, production and maintenance of collateral, credit files, collateral filing, tickler entry and follow-up. With support of senior loan processing staff, this position will begin stages of typical problem resolution, reading and understanding the credit memo, loan documents, and associated due diligence reports. This position will require reasoning, math, language, verbal and written communication, and the ability to manage multiple priorities. This position is a unionized position through the Communication Workers of America.

ESSENTIAL DUTIES
CUSTOMER SERVICE

Establishes high-quality customer services environment for both internal and external customers through a courteous, friendly attitude and professional appearance
With supervision, receives, researches and responds promptly to questions from customers and bank personnel
Develops and maintains strong and positive communications with bank personnel in all locations
Learns and is able to communicate policies and procedures to customers and bank personnel
LOAN DOCUMENTATION

Reviews Credit Memorandum to ensure Bank policy and procedures will be followed and ensures proper approvals is in hand prior to finalizing loan documents and reports any discrepancies on the Credit Memo
Works closely with Manger or Senior Processor to resolve any issues that may arise during the closing process
Prepares basic loan documents, Lender’s Instructions and all appropriate collateral security documentation in accordance with Bank Policy
Learns basic due diligence requirements for researching and perfecting collateral and other requirements. With oversight of senior staff, orders and obtains required due diligence reports, secures collateral with escrow and title companies; obtains all insurance as appropriate inclusive of flood determination and insurance; UCCs, title, entity verification and obtains all other information required for proper documentation and collateral perfection.
Maintains loan tickler items
Monitors loan general ledger customer deposits for accuracy and balances expense log
Understands and codes loans in order to report loans accurately in Bank Call Report, and in all other Credit Administration Reporting formats
Follows up with Relationship Manager and Underwriter and maintains the virtual commercial loan files according to loan file guidelines
Assists RM’s and Staff with loan and documentation system inquiries
LOAN COMPLIANCE

Learns and understands regulatory issues that may impact new loan requests, OFAC, RegB & HMDA
Ensure compliance with all state and federal regulations and internal company policies, including but not limited to BSA/Anti-Money Laundering, Fair Lending, Privacy, and Anti-Discrimination, to the extent each applies to current job responsibilities
Completes all online compliance training as assigned within specified due dates
MINIMUM REQUIREMENTS

Relatable experience helpful, preferably commercial
Ability to learn loan program applications; Knowledge of Finastra LaserPro helpful
Understanding of compliance regulations pertaining to lending and general banking
Working knowledge in Microsoft application: Word and Excel
Good written and verbal communication skills
Basic understanding of accounting principles
What is the benefit package for this role? Beneficial State Bank focus on team efforts and promotes a work-life harmony by offering a competitive benefit package that includes:

Medical/Dental/Vision/Life/STD/LTD
Vacation/Sick/Holiday
401(K)/FSA/HSA/EAP
Education and Adoption Assistance
Bank-wide Incentive and Bonus Programs
You are welcome here at Beneficial State bank. We are an equal opportunity employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, national origin, gender identity, disability or veteran status.