Commercial Loan Processor I at Ny Community Bank in Hicksville, Ny

Commercial Loan Processor I at Ny Community Bank in Hicksville, Ny

Published generally speaking company 30+ times ago.

Type: Full-Time

Job Definition:


Twelfth grade diploma or equivalent. Banking experience or one 12 months loan processing experience chosen.

KNOWLEDGE, SKILLS AND ABILITIES Experienced In MS Workplace. Good interaction and client solution abilities

NEW YORK COMMUNITY BANK. Situated in Westbury, NY, nyc Community Bank is a fresh York State-chartered cost savings bank helping clients throughout Metro ny, nj-new jersey, Ohio, Arizona and Florida. Nyc Community Bank acts clients through over 200 branches featuring a divisional framework: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in Nyc; Garden State Community Bank in nj-new jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding trustworthiness of power, security and solution, NYCB is proud to be devoted to the communities it serves.

For more information about the NYCB Family of Banks check us out at . Assist recruit talent that is top NYCB through the worker recommendation program. All NYCB workers ought to submit recommendations. Find top talent right in the neighborhood in your geographical area, work and play. Amazing folks are all around make sure to inform them how they may be a part of the NYCB family members.

NYCB is an equal possibility company that forbids discrimination based on competition, color, age, sex, nationwide beginning, ethnicity, faith, marital status, impairment, armed forces status, veteran status, domestic physical physical violence target status, gender identification or phrase, intimate orientation, genetic information and any other classification protected by applicable federal, state, or regional legislation or ordinance. This policy against discrimination pertains to all stipulations of work including, not limited by: recruitment and selection, advertising and demotion, transfer, training and development, settlement, advantages, leaves of absence and termination. NYCB will give consideration to reasonable rooms for workers and candidates with disabilities, also rooms which can be essential for a worker to rehearse their spiritual faith. JOB OVERVIEW the Commercial Loan Processor I processes basic Multi-Family & Commercial loan requests and documents. Sales 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 security paperwork. Upon conclusion associated with Appraisal report, delivers a duplicate for the assessment towards the 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 completion regarding the deal. Executes initial put up of processing file in needed structure and produce application folder when you look at the shared drive. Orders Environmental Assessment Reports/Environmental Insurance/Engineering Reports, whenever needed. In addition, engage Insurance Consultant review where relevant. Sales flooding certifications and deliver a typical Notification Form for collaterals determined become within a FEMA special risk area. If refinance of an existing NYCB loan, reviews current file and duplicate the existing organizational papers and also other needed paperwork. Forwards documents to your Bank’s solicitors with their review. When review is completed, assist the mortgage Officer and Broker/Applicant to rectify the issues that are noted issues. Sends an Information package with a address page towards the Broker/Applicant informing them of this documents that are required be completed and submitted just before closing. Ratings Borrower’s organizational papers and tax statements to look for the identification of principals. In addition, analyzes the applying package to ascertain if extra papers are needed. While the papers are gotten in addition to file is evaluated because of the Credit Department and/or Pre-Closing Department, demands additional processing, credit and underwriting paperwork relative to policy. Instructions individual and company credit file as needed. Then prepares a written request for explanations and/or proof of satisfaction if derogatory items are found in the credit report. In addition, delivers automated Payment Program information to your broker/applicant, if needed. Performs OFAC checks as required. Prepares ecological Hazard Review Form and supply the shape together with the Environmental are accountable 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 regarding the Bank’s examination policy. In addition, prepares a working Account Memorandum and deliver to your appropriate events within the lender. Monitors status of processing file including follow-up regarding documentation that is outstanding Brokers/Applicant. As file advances through the different processing and underwriting phases, updates status on LMS including security and client information. Executes last review of the loan file before forwarding to Pre-Closing Department. If application is Withdrawn/Declined, prepares paperwork as required by HMDA laws. Functions closely with Loan Officers, Loan Underwriters, Credit Analysts, Pre-Closers, Bank’s solicitors and agents. Assists with workplace filing, faxing, scanning and copying as necessary.

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