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Commercial/Consumer Loan Administrator in Southaven, MS at SNI Financial

Date Posted: 3/12/2018

Job Snapshot

Job Description


  • Master the responsibilities of Loan Operations to include: Book and fund all new and renewed commercial, consumer and mortgage loans with accuracy and efficiency based on loan packages according to bank, regulatory, and investor guidelines.
  • Responsible for ensuring general loan accounting entries are completed with accuracy and thoroughness as part of the loan booking and servicing functions. Monitor rate changes and ticklers on loans. Process loan modifications.
  • Reviews each closed loan package and fully understands loan structures and requirements; books loans to systems with knowledge of loan covenants, risk rating, collaterals, insurances, UCCs and post-closing items.
  • Prepare checks, files UCCs online for new loans, and manages UCC renewal process. Oversees and maintains exception tracking reports (tickler reports).
  • Process loan payments including investor payments/collect fees/process internal transfers/process wire transfers.
  • Responsible for scanning and saving all loan documents, and verify/follow through the completion in both credit and loan folders. Insurance tracking- maintain updated insurance files
  • Check for Lien holder information and amount of coverage per bank policy
  • Review insurance letter/report of forced place warning if insurance is delinquent
  • Manage non-escrowed and escrowed loan (tax) service monthly
  • Review and manage loans with flood certificated in place and completes post booking audit for commercial loan types.
  • Audit cashier checks under dual control monthly to prepare and process paid off loans.
  • Review Documentation for accuracy and completeness as it relates to system corrections
  • Ensure compliance with applicable state and federal laws and with Bank policies and procedures
  • Adhere to confidentiality policy, code of ethics and follow all policies and procedures relative to Consumer Compliance laws and regulations and best practice recommendations.


  • High School diploma or equivalent. Bachelor's Degree preferred.
  • Minimum 3 years prior experience working loan operations, loan processing, loan documentation & loan administration. experience in a banking and/or loan servicing environment is preferred.
  • Self-Motivated, well organized, and detail - oriented person with the ability to handle difficult situations.
  • Ability to interact effectively with customers and other company staff to resolve problems.
  • Experience with Laser Pro, FIS, and Fiserv Loan System Preferred