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Commercial Loan Processor

Job in Cedar Rapids, Linn County, Iowa, 52404, USA
Listing for: Corda Credit Union
Full Time position
Listed on 2026-03-15
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking Operations
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Overview

Join Corda Credit Union as a Full-Time Commercial Loan Processor and be part of a dynamic team dedicated to member-centric service in Cedar Rapids, IA. This onsite position offers the opportunity to work closely with members, helping them fulfill their financial goals through tailored loan solutions. You will gain invaluable experience in the credit union industry while enhancing your processing skills in a professional environment that values integrity and excellence.

Your contributions will directly affect local businesses, making a tangible difference in the community.

Collaborate with experienced colleagues to foster a culture of growth and dedication. With a competitive starting salary, you will also enjoy great benefits such as medical, dental, and vision insurance. Additional benefits include the option to participate in our 401(k) plan with a generous employer match, paid time-off (vacation, sick, and volunteer time), and employee discounts. Ready to make a difference?

Apply today to become part of our dedicated team.

Responsibilities
  • Coordinate loan transactions by collaborating with borrowers, the Commercial Team, and vendor partners, and assemble the needed information for loan analysis.
  • Coordinate with appraisers, title companies, and settlement agencies to help facilitate loan closings.
  • Conduct essential research related to items such as taxes and insurance.
  • Prepare closing loan documents and ensure accurate data transfer into key systems.
  • Maintain organized loan files through scanning and indexing into our documentation management software.
  • Research and identify solutions to aid the Credit Union in risk management.
  • Verify that all post-closing functions are executed accurately and in a timely manner, enhancing the efficiency of our loan processing operations.
Qualifications
  • Solid understanding of basic financial documents, including balance sheets, income statements, and personal and business tax returns.
  • Proficiency in Microsoft Office Suite for effectively managing tasks and documentation.
  • Strong verbal and written communication skills, with the ability to interact with borrowers, team members, and vendor partners throughout the loan process.
  • Ability to maintain confidentiality of sensitive information with professionalism and integrity.
  • Strong organizational skills for managing loan files and ensuring documentation is accurately processed and stored.
  • Proactive problem-solving approach to identify and implement risk management solutions in a fast-paced environment.
How to apply

If you think this job aligns with your requirements, then submitting an application is simple. Good luck!

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