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We are looking for a detail-oriented Loan Processor - Support specialist to our bank in La Grange, Illinois on a Contract to hire basis. This position supports commercial lending activities by coordinating due diligence, preparing closing documentation, maintaining accurate loan records, and assisting with operational requests throughout the loan lifecycle. The ideal candidate brings strong organizational skills, sound judgment, and the ability to manage multiple deadlines while delivering responsive service to internal and external partners.
Job Responsibility
Initiate and monitor pre-closing due diligence by ordering and reviewing items such as organizational searches, title work, credit reports, flood certifications, lien and tax checks, corporate standing documents, and business reporting records
Maintain an active portfolio of loan files by updating tracking tools, organizing digital documentation, and ensuring records are properly stored across internal shared folders and cloud-based systems
Partner with lenders and title companies to coordinate commercial loan closings, confirming that title conditions and other required items are completed before funding
Review closing packages for completeness, finalize documentation prior to settlement, and submit loan booking requests once all required materials have been received
Prepare comprehensive loan files for closing and process wire request documentation in support of funding activities
Track reporting data related to organizational requirements and work closely with Loan Operations to support accurate loan reporting and system records
Follow monthly exception and tickler reports to pursue recorded documents, insurance or policy requirements, and any outstanding post-closing items in a timely manner
Oversee active pipelines for new loans, renewals, letters of credit, and filing continuations while coordinating updates with loan officers and lending partners
Respond to servicing and operational inquiries, resolve routine loan issues, and process both financial and non-financial loan maintenance requests, including debit and credit transactions with awareness of general ledger impact
Contribute to team collaboration through meetings, cross-training, and coverage support during high-volume periods while adhering to regulatory standards and internal banking policies
Requirements
Prior experience in loan administration, loan processing, mortgage lending, loan origination, or commercial lending support
Working knowledge of commercial loan due diligence, documentation review, and closing coordination
Strong analytical ability with excellent attention to detail and a consistent approach to problem-solving
Ability to manage competing priorities in a fast-paced, deadline-driven environment without sacrificing accuracy or service quality
Effective communication and relationship-building skills for working with internal teams, customers, lenders, and third-party partners
Proficiency in Microsoft Word and Excel, with the ability to learn new banking and workflow systems quickly
Basic understanding of accounting principles, including comfort with debit, credit, and general ledger-related activities