Loan Processor, Opener/Closer (Bank)/Req 1166
Company: Partners Bank
Location: Sanford
Posted on: March 31, 2026
|
|
|
Job Description:
Loan Processor Opener/Closer Department: Loan Processing
Department Reports to: Retail Loan Processing & System
Administration Officer Supervises: None Status: Full-Time /
Non-exempt / Hybrid Must already be authorized to work in the
United States. Relocation is not provided. Partners Bank is a
rapidly growing community bank with operations in Maine and New
Hampshire that has established superior service level expectations.
We offer generous compensation and benefits while fostering
opportunities for growth and flexible work schedules when
appropriate. Summary for the Loan Processor Opener/Closer: Review
loan files upfront for correct documentation for compliance quality
and assign loan files. Input and update loan data into the
financial institution’s computer system for loan opening,
processing and closings. Final compliance loan review for all loan
closings Prepare all loan closing documents and reviews attorney
prepared Loan Closing Disclosure. Job Requirements for the Loan
Processor Opener/Closer: High school diploma or equivalent. Two to
five years of experience in loan processing/equivalent job
experience Successful completion of in-house training program or
approved outside training program. Good understanding of financial
institution loan products and services. Attention to detail and
accuracy is essential. Specific Job Functions for the Loan
Processor Opener/Closer: Responsible for timely preparation and
delivery of loan opening and closing documents. Maintain
communication with settlement agents, loan officers, and
underwriters to execute proper required delivery of documents for
opening, processing and closing documents. Provide administrative
assistance to the loan underwriting staff, including updating loan
data into the financial institution’s computers, and assembling of
documentation for customer loans. Adhere to CFPB changes regarding
preparation and delivery of loan closing statement. Ensure that
loan files contain documents with proper signature, dates and other
relevant data. Use automated processing software to set up mortgage
and equity loans to generate necessary loan disclosures. Use office
computer software for data input. Other activities to include
ordering appraisals, titles and flood determinations. Review and
process conditions for loan officers. Seek enhanced methods of
delivery of closing documents such as utilizing e-disclosures. Keep
abreast of all new compliance regulations, policies and procedures.
Keep accurate HMDA data and check for entry errors – Residential
files. Assemble and verify accuracy of loan documentation. Check
documents for proper vesting, legal descriptions, closing dates and
signatures. Perform variety of clerical duties requiring knowledge
of departmental procedures. Preparation of real estate tax and
insurance escrow documents for closing attorneys. Assist with
compliance audits to correct post closing errors. Answers telephone
inquiries and written inquiries concerning loan processing and
information. Generate Weekly/Monthly Mortgage Loans Reports on a
rotation basis. This Job Description for the Loan Processor
Opener/Closer describes the essential functions and qualifications
of the job described. It is not an exhaustive statement of all the
duties, responsibilities, or qualifications of the job. This
document is not intended to exclude modifications consistent with
providing reasonable accommodations for a disability. This is not a
contract. Your signature will indicate that you have read this Job
Description and understand the essential functions and
qualifications for the job. Our generous benefits are listed on our
website: Partners.Bank/about/careers/
PIdb43352905a5-25448-40134802
Keywords: Partners Bank, Portland , Loan Processor, Opener/Closer (Bank)/Req 1166, Accounting, Auditing , Sanford, Maine
