Business Services Processor at Sunmark Credit Union in Latham, New York

Job Description:

Why join the Sunmark Squad? Sunmark is a local credit union making a big difference in our community. For 85 years, we strive to build brighter financial futures and brighter communities. We build relationships with our members and look for solutions for all their financial needs through our "Good Vibes" culture. As a team member, you will find satisfaction in your career by assisting with our members finances, volunteering through our foundation team, and career growth opportunities.

Our Business Services (Commercial Lending) team is hiring! This position works onsite at our Latham, NY office, 1187 Troy Schenectady Road.

Starting pay, $24-25/hr based on experience.

Provide general lending support to the businesses with which Sunmark has a relationship and to help the team in the preparation and processing of business loans.

• Prepares appropriate closing documents for all business loan types.
• Prepares pay off letters and any other required correspondence for the department.
• Work with attorney to confirm all required closing documentation is received and electronically filed. Will also assist with additional post-closing items such as refilling supplies, organizing and cleaning, etc.
• Creates, assembles, and maintains Business Services physical and electronic loan files. Confirms all required documentation received is electronically filed. Purges aged data/reports, returns paid notes/mortgages, and closes files as needed.
• Processes loan account transactions: setup, inputs/disburses new loans, posts payments and other assorted account maintenance as necessary.
• Performs/monitors lien filings and releases (UCC, DMV, Mortgage), continuations and amendments as needed. Monitors and maintains insurance coverage for pledged collateral.
• Prepares various departmental reports including, but not limited to: HMDA, Negotiable Collateral/Stock, Lien/Title Status, reports and other reports as assigned. Orders appraisal reports, environmental reports and flood determinations for applicable real estate transactions.
• Updates interest rates in loan documentation software and core system as needed.
• Provides payment posting and report generation for loan participation portfolio.
• General office management functions such as supply ordering, mail processing, phone coverage, others as needed.
• Acts as a backup to Laser Pro Software program.
• Acts as a backup to Commercial Closing Coordinator.