Sr. Commercial Loan Processor - To 75K - Schaumburg, IL - Job # 2633

The Position

Our bank client is seeking to fill a Sr. Commercial Loan Processor role located in the Schaumburg, IL market. The position is responsible for overseeing the day-to-day processing workflow of the commercial loan processing department to assist lending officers, loan assistants, and frontline retail staff with document preparation for commercial and consumer loans.

The opportunity has a generous salary of $75k and an excellent benefits package.

Sr. Commercial Loan Processor responsibilities include:

• Preparing and reviewing new and renewal commercial loan documentation for accuracy, regulatory compliance, and adherence to lender’s specific requirements with particular attention to rates, terms, collateral, covenants, and guarantees.
• Obtaining necessary information (loan application, supporting documentation) to process and complete loan files.
• Examining documents to ensure accuracy and compliance with existing underwriting...