Job Details
Job Location : Northbrook - NORTHBROOK, IL
Position Type : Regular Full-Time
Salary Range : $85000.00 - $105000.00 Salary / year
Description
This position reports to SVP Loan Operations
Basic Function
Prepare consumer and commercial loan documentation in compliance with both federal and state regulations and the Bank's internal loan policy.
Essential Duties
1. Work with retail and / or commercial Lenders as well as the Loan Operations team members to ensure all necessary information has been obtained to document both consumer and commercial loans
- Prepare commercial & consumer loan documents on LaserPro
- Complete compliance checklists relating to said documents
- Update Pre and Post closing checklists
- Review attorney prepared documents pre- and post-closing
- Coordinate loan closing with title companies
- Review for all HMDA reportable loans and applications
- Review and maintain LaserPro updates
2. Perform additional Loan Operational duties such as :
Prepare and / or review Directors Loan Committee & Board reportsPrepare reports for Senior ManagementQuarterly update & annual submission of CRA information on FFIEC programAnnual submission of HMDA information on FFIEC programAssist in obtaining information for internal & external auditsResearch & follow departmental procedures in connection with credit report disputesAssist in developing or updating existing operational procedures3. Attend meetings & member committees :
Departmental meetings relating to loan operations, commercial & retail lendingOfficer meetingsNonessential Duties
Other duties as assignedQualifications
Knowledge, Skills and Abilities
Detail orientedStrong knowledge of bank regulations & complianceKnowledge of accepted business accounting principlesGood problem-solving skillsTraining and Experience
High school diploma or GEDCollege degree helpful7 - 10 years banking experience5 - 7 years loan operations experienceAdditional training / education in loan documentation and complianceMicrosoft proficiencyFiserv application helpfulLaserPro requiredParalegal helpfulCompensation
Expected Salary Range : $85,000 - $105,000Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.Benefits
First Bank Chicago offers a comprehensive benefits package including medical / dental / vision / life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website : https : / / firstbankchicago.com / Employee-Benefits .
First Bank Chicago is an Equal Opportunity Employer : disability / veteran
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