Commercial Loan Processor in Tempe, AZ at DISYS

Date Posted: 2/24/2018

Job Snapshot

  • Employee Type:
  • Location:
    Tempe, AZ
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Summary for Commercial Loan Processor

There are entry level to Sr level Commercial Loan Processor roles available. All position require Loan Document review with Mid and Sr level must have Commercial Loan experience. Responsible for performing the loan process to conform with credit approval and ensure that the loan processing functions are completed in a timely, accurate and cost effective manner. Will be a customer facing role with daily interaction over the phone and though email.

Essential Job Functions for Commercial Loan Processor

  • Responsible for reviewing due diligence materials, ordering third party reports, and meeting compliance requirements.

  • Leads team in the preparation of the most complex commercial loan documentation packages including notes, deeds of trust, security agreements, construction loan agreements, statistical input, tickler files and any other documents required for loans.

  • Uses established knowledge and experience to mitigate risk without sacrificing quality. Considers all potential risk before taking action and escalates to management as appropriate.

  • Determines internal/external processing path for each loan documentation package.

  • Responsible for the proper documentation of the loan package once this determination has been made.

  • Confirms final loan package meets all requirements. 

  • Serves as primary support for payments, draws, advances as part of the servicing function. Provides ongoing tracking and monitoring of covenants, insurance, et. al. to management. Monitors loans for delinquencies and notifies appropriate deal team member for action.

  • Tracking and monitoring of collateral perfection, compliance matters, loan renewals, extensions and modifications.

  • Ensure complete and accurate imaged files are maintained for presentation in internal and external audits.

  • Performs loan processing support for loans transferred to REMAD, SAD and AGMAD

Job Requirements

Qualifications for Commercial Loan Processor

  • Requires 3+ years of commercial loan document experience.

  • Experience working with high revenue Clients($30-$40 million loans)

  • Bachelor’s Degree – Preferred

  • Ability to think independently and apply sound judgement in making decisions that mitigate the risk profile

  • Project management skills

  • Expertise in compliance policy and diligence requirements 

  • Deep understanding of borrower types, loan types, and collateral types, with implications for loan processing Commercial loans

Digital Intelligence Systems, LLC. is an Equal Opportunity Employer, M/F/D/V. We do not discriminate against any employee or applicant because they inquired about, discussed, or disclosed compensation. Email recruitinghelp @ to contact us if you are an individual with a disability and require accommodation in the application process.