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Loan Processor -Sr
Ref No.: 20-04498
Location: Southington, Connecticut
Pay Rate : $ 30.00 /Hour
Location: 200 Executive Blvd, Southington, CT (Remote until further notice)
Hourly Rate: $30/hour + optional benefits
Timeline: 10/05 – contract with intent to hire permanently!
Title: Senior Loan Processor


The manager is looking for:
  • Someone with some banking industry experience preferably loan processing experience try to avoid tellers
  • Must know banking terminology
  • Be comfortable with customer outreach / customer service
  • Should have an associates degree but Bachelors is preferred. 

This position will help to support the work stream for processing SBA Payroll Protection Program (PPP) Loans in the Business Banking portfolio. The individual in this role will engage in activities to help resolve and remove obstacles in the process workflow to expedite Forgiveness Application processing and will help to deliver an industry-leading customer experience for our customers. This position may also provide administrative and team support functions related to general loan Portfolio Management and SBA Lending.
 
Responsibilities:
  • Assist with the input of PPP Forgiveness Applications into the Bank's Processing System.
  • Support the management of a PPP loan Forgiveness pipeline and work with others on the team to meet key metrics (i.e. cycle-time) and Service Level Agreements.
  • Upload or re-index loan application information to the Bank's electronic imaging system.
  • Respond to routine inquiries. Interpret questions/requests and ensure proper resolution.
  • Support the team by following SBA and Federal regulatory requirements.
  • Support the process for collecting PPP Forgiveness documentation directly from customers