Commercial banker vs senior loan processor

Differences between commercial banker and senior loan processor duties and responsibilities

Commercial banker example responsibilities.

• Establish leads by building upon existing clientele and developing relationships with major centers of influence including CPA's and attorneys.
• Manage and develop commercial lenders and administrative assistants.
• Manage commercial customer portfolios by using profile analysis to identify cross-sell opportunities to sell other products and services.
• Manage origination initiatives associate with business accounts, treasury products, and loans while adhering to bank compliance procedures.
• Develop strategies for optimal cash flow optimization through complex treasury and cash management solutions couple with appropriate credit instruments.
• Train processors, establish compliance policy, establish and maintain business relationships with lenders and builders.
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Senior loan processor example responsibilities.

• Work knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors.
• Monitor compliance with the regulatory and secondary markets guidelines with FNMA, FHLMC, VA, FHA investors and PMI loans.
• Process conforming, non-conforming, FHA, and VA files from the time of application to the day of funding.
• Analyze all pertinent financial and credit data to determine the loan risk for bank, VA, and investor guidelines.
• Process, close, and perform preliminary underwriting on conventional, FHA, and VA loans retail purchase and refinance.
• Create charts and client files using calyx system.
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