Cambridge State Bank
Location: Cambridge, MN
Job Title: Loan Processor-Servicing Specialist
Overview: Cambridge State Bank is seeking a Loan Operations Specialist for our loan department providing document processing for our lenders in accordance with the bank's policies and procedures.
Responsibilities: This role supports the work of our commercial lender and our mortgage lender.
This position is responsible for (but not limited to) the following duties:
• Administer the loan booking process on the core system for new loans, renewals, and modifications.
• File, monitor, and maintain collateral to ensure the bank’s security interest is properly recorded.
• File UCC-1, Amendments, Continuations and Terminations with the Secretary of State.
• Process loan payment requests, loan advances, disbursements, and wire transfer requests in accordance with the bank’s policies and procedures.
• Answering customer calls, email requests and research.
• Process participation requests, participation payments, Letters of Credit and Escrow Accounts and Escrow notices.
• Manage daily, monthly and quarterly reports for the Board of Directors as needed.
• Maintain the ALLR processing.
• Other duties as assigned.
Hours are Monday – Friday 8:00 a.m. to 4:30 p.m. We offer competitive salary and benefits, including 401K, PTO, and paid holidays.
Job requirements:
• A minimum of two years’ experience in loan documentation.
• Knowledge of SBA 7(a) and 504 administration.
• Proficient oral and written communication skills.
• Attention to detail, with strong analytical and problem-solving skills, along with a working knowledge of rules, regulations and policies relating to loan operations.
• The ability to prioritize multiple tasks while delivering quality results.
• Ability to work with limited supervision.
• High School Diploma, GED, or equivalent experience required.
Requirements: Prior loan processing experience required. Knowledge of Arta Lending and Fiserv products helpful.
Deadline: 12/05/2022
How to Apply: Email resume to: bmontgomery@cambridgestatebank.com or call Bruce Montgomery at 763-691-8017 |