New

Loan Processor

Pacific Premier Bank
United States, California, Palm Desert
73-745 El Paseo (Show on map)
Jan 06, 2025
Description The Loan Processor - Commercial is responsible and accountable for providing high quality service by supporting the lending department, procedures and regulatory guidelines and giving special attention to communication, compliance, loan quality and timing RESPONSIBILITIES Manage a high-volume loan pipeline Prepare "Needs List" in accordance to banks procedures Create a positive customer experience by effectively communicating needs list, timelines and funding requirements Gather the necessary paperwork and documentation required to make a complete loan file. Review all loan documentation to ensure completion and , accuracy, and verify compliance with company policies and procedures. Request and/or run reports from third party agencies and conduct thorough review of all information to identify potential risks (i.e. credit, OFAC, Westlaw, UCC search, Flood Determination Certificate, Tax Verification) Evaluate loan file for reasonableness and escalate issues as needed Meets closing deadlines Maintain and update app internal loan processing system which includes data fields, transactional documentation and notes Submit complete loan file for underwriting Upon receipt of loan approval will submit request for loan documents Review loan documents upon receipt from loan documentation department for accuracy. Responsible for releasing loan documents and coordination of signing Review executed loan documents upon receipt for any alterations Prepare loan file for closing and coordinate with all necessary parties involved for funding Prepare loan file to be imaged as final File of Record Create tasks for Post Closing items, follow for receipt.(i.e. final title policy(ies) and recorded documents) Review final title policy(ies) QUALIFICATIONS Minimum 1-3 years' of experience in loan processing or other related work experience preferred A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $22.30 to $35.12. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit https://www.ppbi.com/careers.html CA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) ("Section 19"). In accordance with Section 19, the Company will consider an applicant's criminal history after an applicant is made a conditional offer of employment. Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance. Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance. Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing. #LI-onsite Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)