| Commercial Loan Processor Job Description |
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| The following is a full job description for Commercial Loan Processor. Here are the requirements and responsibilities for Commercial Loan Processor along with statistics. If after reading this page you determine that Commercial Loan Processor is not the position you are looking for, you may want to try one of these similar titles: Commercial Loan Clerk, Sr., Loan Processor I, Loan Processor II, Loan Processor III, Commercial Loan Review Manager, Mortgage Loan Processor II, Mortgage Loan Processor I, Commercial Loan Officer V, Commercial Loan Officer I |
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| Requirements and Responsibilities For Commercial Loan Processor |
| Performs administrative tasks for commercial loan processing. Coordinates with lenders, customers, and external vendors to collect and prepare all required documentation for closings. Ensures that loan packages are complete, and documentation correctly prepared within required timelines. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. May require an associate degree. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. |
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| Also referred to as: Business Loan Processing Senior Clerk, Senior Commercial Loan Processing Clerk |
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| Similar Jobs: Commercial Loan Clerk, Sr., Loan Processor I, Loan Processor II, Loan Processor III, Commercial Loan Review Manager, Mortgage Loan Processor II, Mortgage Loan Processor I, Commercial Loan Officer V, Commercial Loan Officer I |
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| Level of Education: Commercial Loan Processor Salaries with a High School Diploma or Technical Certificate, Commercial Loan Processor Salaries with an Associate's Degree, Commercial Loan Processor Salaries with a Bachelor's Degree, Commercial Loan Processor Salaries with a Master's Degree or MBA, Commercial Loan Processor Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Edu., Gov't. & Nonprofit, Financial Services | |
