Loan Processing Specialist (71103)
Southeast Bank, Knoxville, TN, United States
Position Type
Full-Time/Part-Time
Education Level
High School
Category
Banking
Description
Hybrid/TN position
Required
to work Three (3)
designated
days in office, also must be prepared to work periodically in office as needed for meetings and training. Equipment is provided.
BASIC FUNCTION:
Processes loans and prepares loan documents in a centralized environment for all types of consumer and commercial loans. Work may be reviewed by either the Central Processing Manager or a Senior Specialist.
ESSENTIAL FUNCTIONS:
Responsible for creating and reviewing all documents regarding loan processing:
Early disclosures
New loan documentation
Loan renewal documentation
Extensions/Modifications
Collateral amendment form
Automatic transfer forms
HMDA data capture
All other miscellaneous loan forms
Create all documents needed for a new loan package for Loan Officers, to include ordering title work, flood determinations, and other supporting documentation
Identify and resolve gaps in approval and final closing terms
Prepare loan tickets for fees, upload and fund originated loans
Accurately capture and report loan portfolio information for compliance with managements reporting requirements and objectives
Support team members in achieving the goals and objectives of the Centralized Processing team
SKILLS, KNOWLEDGE, AND TRAINING:
Strong attention to detail, self-starter, and the ability to learn quickly
General knowledge of banking regulations
Ability to read and comprehend bank policies and regulatory guidance, and apply to work situations
Interpersonal and communication skills to represent the Bank in a positive way in dealing with customers and co-workers and convey information effectively
Strong organizational skills, exhibiting the ability to multi-task and manage time to ensure timely completion of tasks
Able to work well under pressure and adapt to process changes and workflow peaks
Mathematical aptitude
Basic knowledge of the Banks loan, trust, and investment center products
Experience with computer technology including, but not limited to, Word, Excel, internet navigation
WORKING CONDITIONS:
Sitting for long periods of time; approximately 8 hours a day with the ability to move around a little.
Lift 10-20lbs periodically.
REQUIREMENTS:
High school diploma or equivalent
Prior loan processing experience preferred (Level 1)
Two years minimum loan processing experience (Level 2)
Five years minimum experience (Level 3)
Basic knowledge of lending compliance regulations
Basic knowledge of collateral perfection requirements
Familiarity with residential loan disclosure requirements preferred
Maintain up-to-date knowledge of and adhere to all state and federal regulations that pertain to this position including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending.
Working knowledge of state and federal regulations including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending along with industry best practices that pertain to this position
SouthEast Bank is an equal opportunity employer. It is our policy to treat all individuals equally, regardless of race, color, religion, sex, gender, national origin, disability, age, genetic information, sexual orientation, transgender/gender identity, sexual preference, or service in the armed forces.
Full-Time/Part-Time
Education Level
High School
Category
Banking
Description
Hybrid/TN position
Required
to work Three (3)
designated
days in office, also must be prepared to work periodically in office as needed for meetings and training. Equipment is provided.
BASIC FUNCTION:
Processes loans and prepares loan documents in a centralized environment for all types of consumer and commercial loans. Work may be reviewed by either the Central Processing Manager or a Senior Specialist.
ESSENTIAL FUNCTIONS:
Responsible for creating and reviewing all documents regarding loan processing:
Early disclosures
New loan documentation
Loan renewal documentation
Extensions/Modifications
Collateral amendment form
Automatic transfer forms
HMDA data capture
All other miscellaneous loan forms
Create all documents needed for a new loan package for Loan Officers, to include ordering title work, flood determinations, and other supporting documentation
Identify and resolve gaps in approval and final closing terms
Prepare loan tickets for fees, upload and fund originated loans
Accurately capture and report loan portfolio information for compliance with managements reporting requirements and objectives
Support team members in achieving the goals and objectives of the Centralized Processing team
SKILLS, KNOWLEDGE, AND TRAINING:
Strong attention to detail, self-starter, and the ability to learn quickly
General knowledge of banking regulations
Ability to read and comprehend bank policies and regulatory guidance, and apply to work situations
Interpersonal and communication skills to represent the Bank in a positive way in dealing with customers and co-workers and convey information effectively
Strong organizational skills, exhibiting the ability to multi-task and manage time to ensure timely completion of tasks
Able to work well under pressure and adapt to process changes and workflow peaks
Mathematical aptitude
Basic knowledge of the Banks loan, trust, and investment center products
Experience with computer technology including, but not limited to, Word, Excel, internet navigation
WORKING CONDITIONS:
Sitting for long periods of time; approximately 8 hours a day with the ability to move around a little.
Lift 10-20lbs periodically.
REQUIREMENTS:
High school diploma or equivalent
Prior loan processing experience preferred (Level 1)
Two years minimum loan processing experience (Level 2)
Five years minimum experience (Level 3)
Basic knowledge of lending compliance regulations
Basic knowledge of collateral perfection requirements
Familiarity with residential loan disclosure requirements preferred
Maintain up-to-date knowledge of and adhere to all state and federal regulations that pertain to this position including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending.
Working knowledge of state and federal regulations including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending along with industry best practices that pertain to this position
SouthEast Bank is an equal opportunity employer. It is our policy to treat all individuals equally, regardless of race, color, religion, sex, gender, national origin, disability, age, genetic information, sexual orientation, transgender/gender identity, sexual preference, or service in the armed forces.