Loan Administration Associate

Chesapeake Bank
Kilmarnock, VA
Jan 12, 2022
Jan 15, 2022
Full Time
Overview: Chesapeake Bank-Want to work for a solid financial institution that expects 110% from its employees and rewards them accordingly? We work as a team and have high levels of engagement from our employees.A primary driver of engagement is job satisfaction. Contributors to this high level of job satisfaction are the Chesapeake benefits plan from competitive healthcare options to a generous vacation allotment. Commitment to community also plays into our job satisfaction. Chesapeake puts great emphasis on the fact that we are only as strong as the communities we serve. Therefore, we contribute dollars and hours of service to our local communities. And, we have fun doing it all!Talk to us about a career that makes you want to get up and come to work, have fun and make a difference.Summary:Performs a variety of clerical duties related to the processing administration and closing of Commercial, Consumer and Mortgage loans. Responsibilities: Scanning and indexing of all Mortgage loan documentations.Mailing of all loan notices to customers.Ordering of SuppliesRecording and processing of all loan payments received in mail. Prepares all Certificate of Satisfactions and releases for all loans.Paid loans-mailing of documentation to borrower, verifying proper release of all collateral and scanning documentations towards loan.Cross-train others, as assigned, processing loan payments, mailing notices and scanning of documentation.Process Payoff request Maintains procedural documentation of relevant tasks/responsibilities.Prioritizes work according to necessity, complexity and deadlines.Attend regular trainings/seminars both inside and outside the bank, as needed.Maintain strict confidentiality in processing customers' records and files.Orders Loan Coupons WeeklyCross train in other Loan Operations functionsWillingly performs other duties and projects as assigned.Answers telephone and assist loan officers with routine inquiries regarding payoffs and other loan details. Back Up Responsibilities:Scanning of Commercial/Consumer loan documentationAssist with Insurance TrackingEscrow Analysis Requirements: High school diploma or equivalentMinimum one-year customer service related work experience.Experience in banking and/or loan processing is preferred.