Loan Documentation Specialist
American Bank, Hammond, LA, United States
Responsible for preparing and processing, and/or reviewing loan documentation for all new loans and loan modifications, ensuring accuracy and compliance of loan documents, and meeting time/date production requirements.
Job Responsibilities
Review loan requests to ensure accurate documentation and information has been provided; pre-closing documents, title commitments, HUDs, Exhibit A’s, etc.
Coordinate closing dates/times with lenders and attorneys
Prepare loan documents in LaserPro for all types of closings (commercial, consumer, TRID, SBA/USDA, etc)
Understand and recognize when exceptions to bank policy and procedures are present and address accordingly
Adhere to BSA and bank policy; state and federal compliance and lending regulations
Verify collateral and insurances for all loan renewals
Complete pre- and post-closing checklists to ensure efficacy of loan documentation
Be available to cross train and assist in other loan operations responsibilities
Review entity documentation to determine individual authorized to execute documentation
Order flood determinations and obtain payoffs, as needed
Review loan documents created by loan assistants and processors for accuracy and completeness, and provide recommendations
Review documents loaded into Spark and information entered into LaserPro to ensure accurate documentation
Prepare loan review checklist to document full findings of review
Provide Preparer a list of corrections needed, instructions on how to correct errors, and additional information on why the corrections are needed
Assist customers and/or branch personnel as needed with questions pertaining to loan information
Consistently support the Bank and its core values
Follow all policies and procedures
Additional duties may be assigned by supervisor
Requirements
High school diploma or equivalent
2+ years experience with LaserPro
Knowledge of LaserPro administration
2+ years experience in loan operations (specifically loan closing and documentation)
Knowledge of SBA/USDA lending preferred
Knowledge of consumer and commercial lending, loan and lien documentation, and state and federal compliance and lending regulations
Knowledge of entity structures and proper documentation
Advanced knowledge of FDM
Exceptional verbal, written, and interpersonal communication skills
Proficient operation of Microsoft Office software, computers, and the ability to navigate software
Excellent time management skills and ability to handle multiple priorities and projects, and adapt to changing deadlines
Ability to work independently while having a strong commitment to team orientation
Excellent organizational, critical thinking, analytical, and problem-solving/decision-making skills
Detail oriented
Ability to comprehend new training, and adapt to changes in regulations, policies, and procedures
Medical, Dental, and Vision Insurance
Company Provided Life and Disability Insurance
Paid Time Off
401(k) with Employer Match
Tuition and Professional Development Assistance
American Bank is an Affimative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
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Job Responsibilities
Review loan requests to ensure accurate documentation and information has been provided; pre-closing documents, title commitments, HUDs, Exhibit A’s, etc.
Coordinate closing dates/times with lenders and attorneys
Prepare loan documents in LaserPro for all types of closings (commercial, consumer, TRID, SBA/USDA, etc)
Understand and recognize when exceptions to bank policy and procedures are present and address accordingly
Adhere to BSA and bank policy; state and federal compliance and lending regulations
Verify collateral and insurances for all loan renewals
Complete pre- and post-closing checklists to ensure efficacy of loan documentation
Be available to cross train and assist in other loan operations responsibilities
Review entity documentation to determine individual authorized to execute documentation
Order flood determinations and obtain payoffs, as needed
Review loan documents created by loan assistants and processors for accuracy and completeness, and provide recommendations
Review documents loaded into Spark and information entered into LaserPro to ensure accurate documentation
Prepare loan review checklist to document full findings of review
Provide Preparer a list of corrections needed, instructions on how to correct errors, and additional information on why the corrections are needed
Assist customers and/or branch personnel as needed with questions pertaining to loan information
Consistently support the Bank and its core values
Follow all policies and procedures
Additional duties may be assigned by supervisor
Requirements
High school diploma or equivalent
2+ years experience with LaserPro
Knowledge of LaserPro administration
2+ years experience in loan operations (specifically loan closing and documentation)
Knowledge of SBA/USDA lending preferred
Knowledge of consumer and commercial lending, loan and lien documentation, and state and federal compliance and lending regulations
Knowledge of entity structures and proper documentation
Advanced knowledge of FDM
Exceptional verbal, written, and interpersonal communication skills
Proficient operation of Microsoft Office software, computers, and the ability to navigate software
Excellent time management skills and ability to handle multiple priorities and projects, and adapt to changing deadlines
Ability to work independently while having a strong commitment to team orientation
Excellent organizational, critical thinking, analytical, and problem-solving/decision-making skills
Detail oriented
Ability to comprehend new training, and adapt to changes in regulations, policies, and procedures
Medical, Dental, and Vision Insurance
Company Provided Life and Disability Insurance
Paid Time Off
401(k) with Employer Match
Tuition and Professional Development Assistance
American Bank is an Affimative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
#J-18808-Ljbffr