Careers
Loan Processor
Job description
Job Title: Loan Processor
Salary Range: $40,000 – $50,000 per year
Position Type: Full Time
Position Overview
The Loan Processor is responsible for uploading the loan file to the online Core Banking system and the future maintenance of the online files. Processors are responsible for the maintenance of the physical files and the ongoing tracking of loan requirements and ongoing exceptions.
Role and Responsibilities:
- Responsible for loading new loan files, renewals, and modifications on the Core Banking System.
- Maintenance and update loan files in the Core Banking System.
- Responsible for reviewing documents and loan files. Work to prevent problems by highlighting deficiencies and notifying Loan Coordinators.
- Provide support in various stages and areas of lending and processing as needed.
- Tracks outstanding items on all loan files and follow up with Loan Coordinators to ensure necessary documentation is received.
- Responsible for processing paid files and releasing collateral.
- Process documents as needed to ensure the Loan closes on time.
- Knowledge of LE, CD, APR, Interest rates, disclosures and redisclosures for TRID Loans.
- Responsible for processing of escrow payments and completing annual escrow analysis.
- Responsible for completing various reports and analytics, balancing GL’s, and sending out various notices as requested.
- Responsible for pulling and maintenance rate changes across all Bank platforms.
- Follow established bank policy and procedures.
- Responsible for completing various reports and analytics as requested.
- Maintain confidentiality of all customer information.
- Responsible for supporting bank compliance efforts and ongoing training.
- Performs other duties as assigned.
Required Skills/Abilities:
- Excellent verbal and written communication.
- Excellent math skills.
- Excellent customer service and interpersonal skills.
- Trustworthiness and ability to act with integrity and confidentiality.
- Excellent organizational skills and attention to detail.
- Ability to prioritize and delegate when appropriate.
- Complex problem-solving skills.
- Excellent leadership and management skills.
- Ability to lift to 20 lbs. or more.
- Ability to maintain regular and reliable attendance.
Tools and Technology:
- Microsoft Office includes Word, Excel, Outlook, and PowerPoint.
- Experience using Core Banking, Document Imaging, and Loan Origination systems preferred.
Education and Experience:
- High School Diploma or equivalent.
- 1-2 years of previous experience in the field preferred.
- This job requires ongoing regulatory training.
- Knowledge of laws and requirements pertaining to the banking industry.
- Notary public preferred.
Physical Requirements:
- While performing the duties of this job, the employee is regularly required to use sight, talk, or hear; frequently stand, walk, use hand to finger, handle or feel; and reach with hands and arms. Must be able to access and navigate each department at the organization’s facilities. The employee may need to stand or sit for long periods of time.
Environment
- This job operates in a professional office environment.
- This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice. Stockmens Bank is an Equal Opportunity Employer.
Location:
Akron, CO
Application Email:
Credit Analyst
Job description
Job Title: Credit Analyst
Salary Range: $45,000 – $55,000 per year
Position Type: Full Time
Position Overview
The Credit Analyst is responsible for analyzing credit data and financial information to determine potential risk of persons or companies that are applying for credit. This includes activities such as loan analysis, preparing the credit analysis on loans presented to the loan committee and performing the annual reviews of credits.
Key Responsibilities:
- Work with loan officers to anticipate, identify and collect documents needed for efficient, and timely approvals on new and existing credits.
- Complete thorough, in-depth analysis of new credit requests, credit change requests, renewals, and annual relationships reviews. Recommend risk rating changes when analysis merits.
- Understanding of financial data and apply those skills as they pertain to the loan underwriting process.
- Review loan files as needed to ensure quality, consistency, and compliance with lending guidelines.
- Ensure credit files are complete. Identify any documentation deficiencies, and report to loan officers and credit administration as needed for timely resolution.
- Report findings that may have an adverse effect on loan collateral or a borrower’s ability to repay the loan.
- Maintain working knowledge of the Bank’s Lending policies and procedures and identify exceptions to policy.
- Compile reports for loan committee, executive committee, and the board of directors.
- Assist in maintaining credit tracking systems for all consumer, business, and Ag loans.
- Assists with internal and external audits and examinations.
- Responsible for completing various reports and analytics as requested.
- Assist with special projects as assigned.
- Maintain confidentiality of all customer information. Follow established bank policy and procedures.
- Responsible for supporting bank compliance efforts and ongoing training.
- Performs other duties as assigned.
Qualifications:
- Bachelor’s degree in related field or equivalent industry experience preferred.
- 2 years of previous experience preferred.
- This job requires ongoing regulatory training.
- Knowledge of laws and requirements pertaining to the banking industry.
- NMLS registration preferred.
Preferred Skills/Abilities:
- Excellent verbal and written communication.
- Excellent math and analytical skills.
- Excellent customer service and interpersonal skills.
- Trustworthiness and ability to act with integrity and confidentiality.
- Excellent organizational skills and attention to detail.
- Ability to prioritize and delegate when appropriate.
- Complex problem-solving skills.
- Ability to lift up to 20 lbs. or more.
- Ability to maintain regular and reliable attendance.
Tools and Technology:
- Microsoft Office including, Word, Excel, Outlook, PowerPoint.
- Experience using Core Banking, Document Imaging, and Loan Origination systems preferred.
Physical Requirements:
- While performing the duties of this job, the employee is regularly required to use sight, talk or hear, frequently stand, walk use hand to finger, handle or feel, and reach with hands and arms. Must be able to access and navigate each department at the organization’s facilities. The employee may need to stand or sit for long periods of time.
Environment:
- This job operates in a professional office environment.
- This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at anytime with or without notice. Stockmens Bank is an Equal Opportunity Employer.
Location:
Akron, CO
Application Email:
Loan Officer
Job description
Job Title: Loan Officer
Salary Range: Exempt ($60,000 to $80,000 per year)
Position Type: Full Time
Position Overview:
The Loan Officer will conduct business development tasks within a community bank setting to generate leads, build, and manage a profitable loan portfolio.
The Loan Officer will review client loan requests by evaluating the borrowers’ financial capacity, capital, conditions, character and collateral prior to the authorization or recommendation for loan approval.
Key Responsibilities:
- Basic knowledge of evaluating applicant’s ability to repay including debt to income ratios, monthly debts, and gross income.
- Basic knowledge of evaluating the components of an applicant’s net worth by means of assessing financial statements.
- Basic knowledge evaluating loan conditions including both the conditions of the loan and economic factors that may affect borrowers.
- Basic knowledge of evaluating character including assessing credit scores, repayment histories along with the reputation and other records of potential borrowers.
- Basic knowledge of evaluating collateral and the required documentation to secure collateral. Types of collateral could include equipment, real estate, livestock, crops, deposit accounts, Stocks and Bonds etc.
- Building working knowledge of consumer, commercial and agricultural lending.
- Explaining the risks and benefits, as well as the terms of various loan products and associated government regulations.
- Reviewing loan documents for accuracy and completeness, and close with customers.
- Ensuring all necessary documentation and information is submitted to loan operations for files.
- Responsible for building working knowledge of all applicable lending regulations, the economy, market rates, vendors, and competitors.
- Maintaining relationships with existing and past clients.
- Business development tasks, including managing the loan pipeline by generating leads and referral business or participating in the community through boards or associations.
- Following established bank policy and procedures.
- Completing various reports and analytics as requested.
- Maintaining confidentiality of all customer information.
- Supporting bank compliance efforts and ongoing training.
- Performs other duties as assigned.
Qualifications:
- Bachelor’s degree in related field, or equivalent industry experience preferred.
- 1-2 years of previous experience preferred.
- Prior experience as a credit analysis preferred.
- This job requires ongoing regulatory training.
- Basic knowledge of lending laws and regulation pertaining to the banking industry preferred.
- This position requires NMLS registration.
Tools and Technology:
- Microsoft Office including Word, Excel, Outlook, and PowerPoint.
- Experience using Core Banking, Document Imaging, and Loan Origination systems preferred.
Physical Requirements:
- While performing the duties of this job, the employee is regularly required to use sight, talk, or hear, frequently stand, walk, use hand to finger, handle or feel, and reach with hands and arms. Must be able to access and navigate each department at the organization’s facilities. The employee may need to stand or sit for long periods of time.
Location:
Akron, CO