JOB DESCRIPTION

Position Title:  Loan Post Closer

Company:        Legacy State Bank

Department:    Loan Operations Department                        

Status:             Non-Exempt  

Pay Type:        Hourly

Knowledge and Skills Required:

Good verbal and written communication skills required.  Must be proficient in MS Outlook, Word and Excel. This individual must be able to work in a fast-paced environment, attention to detail, organized, dependable, flexible and a team player.  Good interpersonal communication and computer skills; ability to operate standard office equipment such as an adding machines, computers and image scanners.

Degrees, Certifications, Licenses Required:

High School Diploma or equivalent required.  Previous banking experience and/or equivalent work experience required.  Successful completion of in-house training program or other approved training program.  Good understanding of financial institution products and services.

The position of Post Closer works with little amount of supervision and is accountable for accuracy.  Decision-making capabilities are limited based upon job knowledge and supervisory input when no established criteria/circumstance exists.  In an effort to support the empowerment of Legacy State Bank employees, greater decision-making capacities will be authorized by the management pending the progressive mastery of this position.

Responsibilities and Duties:

While each of the wide variety of responsibilities and duties are equally important, each day will include the performance of consistently different activities based upon need and priority.

• Provides assistance to the Loan Operations Manager and to the Loan Officers, when needed, including updating loan data in the financial institution’s data base and assembling of documentation for customer loans.
• Assembles, scans and verifies accuracy of loan documentation including proper signatures, dates, and other relevant data and are scanned accordingly.
• Checks documents for proper vesting, legal descriptions, closing dates, signatures and other relevant data.

• Maintains new and paid loan files. 
• Answers telephone inquiries and written inquiries concerning payoffs, payoff quotes and loan payments.
• Updates exception list and sets ticklers, as needed.
• Cross-markets financial institution products and services as appropriate.
• Handles Construction Loan draws.
• Assists other departments on a temporary basis as needed during peak hours.
• Must be knowledgeable of current Lending Regulations, Bank Secrecy Act, Anti-Money Laundering and OFAC.

Perform miscellaneous duties assigned by Loan Operations Manager.

In addition, Legacy State Bank may require the employee to perform any reasonable job function beyond these mentioned, based upon company needs.

Legacy State Bank may at any time revise or modify this Job Description based upon company needs.  Written notification will be provided to the employee.

This Job Description does not constitute an employment contract as Legacy State Bank is “at-will” and not for any specific duration.

Random file audits will be conducted for thoroughness and accuracy.

While each of the wide variety of responsibilities and duties are equally important, each day will include the performance of consistently different activities based upon need and priority.