Loan Document Specialist- Part Time

About Marquette Bank

If making an impact is important to you, you belong with the Marquette Bank Team. You'll enjoy the opportunity to make a difference for our customers and in our neighborhoods. You'll love our welcoming, supportive, friendly, team-centered work environment - including perks like an expansive benefits package, growth opportunities, gym subsidy, tuition reimbursement and community involvement opportunities!

Come be a part of something bigger at Marquette Bank.

Founded by John F. McCarthy in 1945, the bank has been committed to providing financial services to meet the savings and borrowing needs of southwest Chicagoland. We have continued to grow and are proud to be a modern neighborhood bank with 20 branch locations to serve our customers and communities.

Pay Range: $ 50,000 - $65,000

The pay range is based on consideration of criteria such as required qualifications, experience, education and skills. Marquette Bank reserves the right to offer the selected applicant a salary commensurate with the applicant's qualification, experience, education and skills.

Position Summary:

The Multi Family Loan Processor provides comprehensive support in processing multi-family loan applications. This role involves coordinating documentation, verifying compliance, and ensuring timely and accurate loan closings. The processor interacts with customers, attorneys, title companies, and internal departments to facilitate smooth loan operations.

Essential Duties and Responsibilities:

• Process new loans including ordering credit reports, flood certifications, title work, appraisals, and TRVs.
• Collaborate with customers to obtain any missing documentation.
• Enter new opportunities into the Baker Hill system and scan files to Credit Administration for analysis.
• Request and review LLC documents, trust agreements, payoff letters, and releases.
• Verify business entity status via the Illinois Secretary of State website.
• Forward legal documents to attorneys for review.
• Review and clear title commitments.
• Conduct initial review of loan presentations.
• Contact insurance agents to obtain evidence of insurance, ensuring Marquette Bank is listed as mortgage/loss payee.
• Prepare invoices for Accounts Payable for attorney and EPA fees, maintaining copies for loan and servicing files.
• Coordinate with documentation/closer to ensure loan files are complete and accurate.
• Assist loan servicing in clearing general ledger items prior to month-end.
• Review and sign off on release deeds and final title policies.
• Crosstrain on the Closer position.
• Respond to customer inquiries regarding servicing and payoff requests.
• Prepare Adverse Action Letters.
• Support audit file reviews.
• Actively comply with all applicable laws and regulations to include the Bank Secrecy Act, the Community Reinvestment Act, and all other deposit, lending, or non-deposit service regulations, adhering to the Bank's internal policies, procedures, and risk management responsibilities contained in the Employee Handbook, the Employee Code of Conduct, and other applicable policies.
• Complete all required BAI Compliance Training.
• Perform job-related responsibilities that support departmental and organizational goals, consistent with the scope and purpose of the position.

Knowledge/Abilities/Experience and Training Required:

• High school diploma or equivalent.
• General office and customer service experience.
• Sales environment experience preferred.
• Proficient typing and clerical skills.
• Strong interpersonal and organizational abilities.
• Proficiency in Microsoft Office Suite.
• Experience with Baker Hill and Laser Pro is a plus.
• Ability to collaborate with sales, credit, and closing personnel.
• High level of professionalism.
• Ability to manage sensitive business situations.
• Strong analytical, creative, and problem-solving skills.

Physical Demands: The physical demands described here are representative of those that must be met by employees in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Regularly required to remain in a stationary position.
• Occasionally move about to the office to access files and equipment.
• Operate computer and office machinery such as calculators, copiers, and printers.
• Retrieve files from upper and lower drawers.
• Frequently communicate with staff and clients to exchange accurate information.
• Frequently lift and/or move up to 10 pounds; occasionally lift and/or move up to 25 pounds.
• Specific vision abilities include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

Work Environment/Conditions

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.

We Care About You. Marquette Bank's total rewards package, for eligible employees, will vary based on the pay type of the position and may include variable pay such as performance-based incentives, commissions, target bonus and discretionary bonus. Marquette Bank also offers health insurance, term life and disability insurance, generous time off and two retirement plans: 401(k) Salary Savings Plan and Employee Stock Ownership Plan (ESOP), as well as other perks including a FREE FunRewards checking account. Available rewards may vary by location, job level, employment status, and years of service. To learn more about our rewards package, please visit: https://emarquettebank.com/about-us/benefits.

You Belong Here. We offer an inclusive workplace to encourage, support and celebrate our diverse employees and the communities in which we work and serve. Our culture is built on a commitment to serve others. Working together, valuing each other and celebrating our uniqueness delivers a better financial future to our customers and neighbors. To learn more about our diversity and inclusion commitment, please visit: https://emarquettebank.com/about-us/diversity-and-inclusion-commitment

Marquette Bank is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.