Residential Loan Processor – To $65K – Chicago, IL – Job # 2489

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a Residential Loan Processor role located in the Chicago, IL market. The position is responsible for the preparation, accuracy, and completeness of Residential / Commercial Real Estate loan packages, using the Bank’s documentation system and procedures. Working with the Loan Originators and Loan Underwriting staff in the collection of the required due diligence documentation required for closing and reviewing for accuracy, including the review of Loan Agreements, Mortgages, Guarantees, Security Agreement, Title, and Participation Agreements.

The opportunity has a generous salary of up to $65K and full benefits package.

Residential Loan Processor responsibilities include:

  • Producing and preparing real estate loan documents; ensuring files are complete, accurate, and in accordance with Bank loan policy and guide.
  • Gathering complete and accurate loan documentation that conforms to approved loan terms, including the opening of business accounts prior to closing.
  • Onboarding of new and modified loans accurately and in accordance with the loan documents.
  • Complying with all FDIC regulations and other banking standards.
  • Maintaining contact with members of the Lending team (Lender and Administrative Assistant) to obtain clarification and provide status updates.
  • Onboarding of new and modified loans accurately and in accordance with the loan documents.
  • Determining document options and presenting options to lenders as applicable.
  • Submitting completed loan documents to QC for review.
  • Recording and tracking documentation exceptions.
  • Assisting in formulating and maintaining effective loan closing and servicing operating procedures.
  • Assisting with additional loan operation roles, as requested or necessary.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience: 

  • Bachelor’s Degree preferred.
  • Three or more years of related loan processing/closing experience and/or training for all types of loans – Residential, Commercial Real Estate, Construction, and other Commercial loan types.
  • Educational experience, through in-house training sessions, formal school or financial industry-related curriculum, should be business or financial industry related.
  • Solid working knowledge of banking industry practices relative to bank loan operations with respect to loan products, services, and terminology.
  • Knowledge of related state and federal lending and compliance laws and regulations, and other Bank lending policies.
  • Highly accurate data entry skills and a strong level of skill working with a variety of PC and internet applications, including Excel, Word, and PowerPoint, and the ability to navigate key industry-specific Internet sites.
  • Strong multi-tasking, time management, thoroughness, and accuracy skills are required.
  • Solid communication and organizational skills with a focus on teamwork and cooperation.
  • A high level of confidentiality is required.
  • Ability to work under deadlines with frequent interruption.

The next step is yours. Email us your current resume along with the position you are considering to: