Commercial Loan Processor I at Nyc Community Bank in Hicksville, Nyc
Published generally speaking company 30+ days ago.
Type: Full-Time
Job Explanation:
TRAINING AND EXPERIENCE
Senior high school diploma or equivalent. Banking experience or one loan processing experience preferred year.
KNOWLEDGE, SKILLS AND ABILITIES Experienced In MS Workplace. Good customer and communication solution abilities
NEW YORK COMMUNITY BANK. Situated in Westbury, NY, nyc Community Bank is a fresh York savings that are state-chartered portion customers throughout Metro nyc, nj-new jersey, Ohio, Arizona and Florida. Ny Community Bank acts clients through over 200 branches having a divisional framework: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in Ny; Garden State Community Bank in nj-new jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. Having a reputation that is longstanding of, security and solution, NYCB is proud to be devoted to the communities it acts.
For more information on the NYCB Family of Banks check us out at . Assist recruit talent that is top NYCB through the worker recommendation system. All NYCB employees ought to submit recommendations. Find talent that is top in the neighborhood in your geographical area, work and play. Amazing folks are all be sure to around tell them the way they can be an integral part of the NYCB household.
NYCB is an equal possibility company that forbids discrimination on such basis as battle, color, age, sex, nationwide beginning, ethnicity, faith, marital status, impairment, armed forces status, veteran status, domestic physical violence target status, gender identification or phrase, intimate orientation, hereditary information and just about every other classification protected by relevant federal, state, or neighborhood legislation or ordinance. This policy against discrimination pertains to all conditions and terms of work including, yet not limited by: recruitment and selection, advertising and demotion, transfer, training and development, settlement, advantages, leaves of absence and termination. NYCB will start thinking about accommodations that are reasonable workers and candidates with disabilities, in addition to rooms which are essential for a member of staff to train their spiritual faith. JOB OVERVIEW the Commercial Loan Processor I processes basic Multi-Family & Commercial loan requests and documents. Orders all party that is third and reviews the files for precision and completeness of data. In addition, enters and scans information into computer system.
CRUCIAL FEATURES Prepares a package when it comes to Appraisal Department including copies of relevant collateral paperwork. Upon completion for the Appraisal report, delivers a duplicate for the appraisal to your Broker/Applicant for REG B Loans just. Routes funds received for a credit card applicatoin by planning A faith that is good deposit for Loan Administration to process and verify the conclusion regarding the deal. Executes initial put up of processing file in needed structure and produce application folder when you look at the provided drive. Orders Ecological Assessment Reports/Environmental Insurance/Engineering Reports, whenever needed. In addition, engage Insurance Consultant review where relevant. Instructions flooding certifications and deliver a typical Notification Form for collaterals determined become inside a FEMA hazard area that is special. If refinance of an existing NYCB loan, reviews current file and duplicate the existing organizational papers along with other needed documents. Forwards documents to your Bank’s lawyers with their review. As soon as review is completed, make use of the mortgage Officer and Broker/Applicant to rectify the noted dilemmas or issues. Sends an Information package having an employment cover page towards the Broker/Applicant informing them https://cashnetusaapplynow.com/payday-loans-mt/ regarding the documents that are required be completed and submitted just before closing. Ratings Borrower’s organizational papers and taxation statements to look for the identification of principals. In addition, analyzes the application form package to find out if extra papers are needed. Given that papers are gotten together with file is evaluated because of the Credit Department and/or Pre-Closing Department, demands processing that is additional credit and underwriting paperwork relative to policy. Requests individual and business credit file as needed. If derogatory products are observed within the credit file then makes a written ask for explanations and/or evidence of satisfaction. In addition, delivers automated Payment Program information towards the broker/applicant, if needed. Performs OFAC checks as required. Prepares ecological Hazard Review Form and supply the shape along with the ecological Report to the Loan Officer. Then works with the Loan Officer and inform Broker/Applicant that a corrective action is required if hazardous conditions are noted. Prepares assessment package needed relating to Bank’s examination policy. In addition, makes a running Account Memorandum and deliver to your appropriate events within the financial institution. Monitors status of processing file including follow-up regarding outstanding documents with Brokers/Applicant. As file advances through the different processing and underwriting phases, updates status on LMS including security and consumer information. Performs final review of the loan file before forwarding to Pre-Closing Department. If application is Withdrawn/Declined, prepares documents as needed by HMDA laws. Functions closely with Loan Officers, Loan Underwriters, Credit Analysts, Pre-Closers, Bank’s lawyers and Brokers. Assists with workplace filing, faxing, scanning and copying as necessary.