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Equity Line Processor in Lynn, MA at Eastern

Date Posted: 2/13/2018

Job Snapshot

  • Employee Type:
  • Location:
    Lynn, MA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

When you join Eastern Bank, you join the largest and oldest mutual bank in the country. We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.

As the fourth-largest full-service commercial bank in Greater Boston, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.

As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.

  • Follows established procedures in compliance with all relevant regulations.
  • Receives approved equity lines files from lenders. 
  • Completes, monitors, and reviews service orders including property valuation, flood determination, verifications, and ownership information as needed. 
  • Coordinates closing with Retail staff when processing is complete, prepares/updates equity line documentation including legal paperwork for customer signature, provides closing instructions, and coordinates and tracks legal documents to vendor for recording. 
  • Processor works under general supervision, answers questions/solving routine problems from branches, and customer service staff. 
  • Obtains and completes payoffs, enters and updates equity log, BankerInsight, CreditRevue. 
  • Handles other duties as requested.

Job Requirements

Education and Experience 

High school diploma; minimum 1 year banking experience preferred; loan experience helpful

Knowledge of word processing, databases, and Excel spreadsheets helpful; good communication skills required; experience on Eastern Bank systems helpful; accuracy and attention to detail required