Loan Processor

Benefit highlights: 11 Paid Holidays, 15+ days of PTO, 401k Matching, Health Benefits, and more!

 

The Loan Processor plays a critical role in supporting the Bank’s lending operations by accurately preparing, reviewing and processing loan documentation for commercial, consumer and real estate loans. This position ensures compliance with regulatory requirements, internal policies and operational standards while delivering exceptional service to relationship management teams and customers. 

• Perform end-to-end loan processing activities ensuring accuracy, completeness, and adherence to internal procedures and timelines.
• Generate and review loan documents, including attorney-prepared documents, ensuring all terms, conditions, and calculations (e.g., payment amounts, amortization) are accurate and compliant with bank policies and regulatory requirements.
• Distribute loan documents to borrowers and related parties via DocuSign, monitor execution status, and ensure all required signatures are obtained and properly recorded.
• Conduct and/or confirm completion of OFAC screenings for individuals and entities; review customer and business profiles to ensure compliance. Obtain and validate Certificates of Good Standing and confirm borrowers are authorized to conduct business in applicable jurisdictions.
• Obtain Dun & Bradstreet (D&B) reports and other third-party documentation to support evaluation of borrower creditworthiness and provide information to lending staff.
• Order lien searches, prepare and submit UCC filings, and ensure proper perfection of collateral. 
• Prepare releases of lien and coordinate submission to the appropriate internal departments and/or government entities.
• Generate loan numbers and ensure all loan data is accurately entered and maintained in the loan origination system, including updating loan status and documentation throughout the lifecycle.
• Prepare and submit required filings, such as deeds and modifications, to appropriate entities, ensuring timelines and accuracy standards are met.
• Perform quality control on closed loan files to confirm all required documentation has been received, properly executed, and accurately uploaded into the system; identify and resolve any discrepancies.
• Partner with loan officers, underwriters, and closing teams to gather required information, resolve issues, and facilitate a smooth and timely loan closing process.
• May serve as a notary public to notarize loan documents in accordance with state requirements.
• Maintain knowledge of and adherence to federal, state, and internal lending regulations, ensuring all documentation and processes meet compliance standards.
• Support management with special projects and adapt to evolving business needs within the loan operations function.
• Deliver proactive, clear communication to internal and external stakeholders regarding loan status, outstanding items, and next steps to ensure a positive client and partner experience.
   

• High School diploma, general education degree (GED), or equivalent required.
• Minimum 1 year office/clerical experience required; prior experience in banking or commercial loan processing strongly preferred.  
• Excellent PC skills, including Microsoft Office products with demonstrated ability to learn and adapt to custom systems and applications.
• Exceptional attention to detail, organizational skills, and ability to manage multiple priorities in a deadline-driven environment. 
• Excellent verbal and written and interpersonal communication skill with a customer-focused mindset. 
   

The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.

PlainsCapital Bank was founded in 1988 by a group of young bankers who dreamed of bringing relationship banking to their hometown of Lubbock, Texas. With the acquisition of Plains National Bank, a Lubbock financial institution with one branch and approximately $198.8 million in assets, they began growing the bank one relationship at a time.

Over 30 years later, PlainsCapital Bank has held fast to its tried-and-true relationship-based culture and its commitment to financial strength and stability. PlainsCapital Bank ranks sixth among the largest banks headquartered in Texas by deposits and has a statewide presence with approximately 55 locations in markets such as Austin, the Coastal Bend, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley, and San Antonio. Backed by decades of experience, our knowledgeable bankers are renowned for their straightforward approach and fo