Job Information
First Bank Chicago Loan Operations Officer in Northbrook, Illinois
This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13430829
Description {#description testid="typography"}
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 reports
- Prepare reports for Senior Management
- Quarterly update & annual submission of CRA information on FFIEC program
- Annual submission of HMDA information on FFIEC program
- Assist in obtaining information for internal & external audits
- Research & follow departmental procedures in connection with credit report disputes
- Assist in developing or updating existing operational procedures
3. Attend meetings & member committees:
- Departmental meetings relating to loan operations, commercial & retail lending
- Officer meetings
Nonessential Duties
- Other duties as assigned