Loan Specialist I - Document Preparation
ServisFirst Bank, Birmingham, AL, United States
At ServisFirst, Our Name is Our Mission.
Duties And Responsibilities The Loan Specialist I – Document Preparation is responsible for assembling loan documentation for commercial and consumer loans in accordance with regulatory requirements and Bank policy. Loan packages must be prepared accurately and forwarded for further processing in a timely manner in order to ensure quality service and minimize inconvenience to the client. Because of market volatility and spikes in loan volume, the Loan Specialist I must be able to work under deadline pressure while still ensuring accuracy.
The Incumbent Will
Review pre-closing nCino Doc Prep memo and documentation to ensure all documents necessary to process the loan have been received, and address all outstanding exceptions
Review and clear existing collateral exceptions on renewal loans prior to releasing documents
Ensure all loan requests include proper approval to include aggregate debt, floors and fee waiver approvals prior to preparing loan documentation
Prepare in-house loan documentation for commercial, consumer and real estate loans in accordance with Bank policy and regulatory requirements within 48 hours of receipt of completed supporting documentation package; includes complex loans
Ensure that all internal systems and worksheets, such as nCino Loans in Process (LIP), are updated in a timely manner
Submit loan package to Quality Control for review after ensuring documentation is complete and accurate
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.
Note: Additional duties and responsibilities may be assigned.
Minimum Qualifications
High school diploma or equivalent
One (1) or more years of related experience
Commercial and consumer loan documentation experience to include knowledge of collateral perfection and related regulations
Excellent understanding of credit administration procedures as demonstrated in previous position gathering and assembling loan documents
Experience working with no supervision while performing duties
Excellent organizational and time management skills, as demonstrated by experience meeting deadlines
Experience working with Microsoft Outlook, Word and Excel
Physical Requirements And Environmental Conditions
Sustained sitting at a desk or workstation
Frequent use of PC, including typing or sustained attention to monitor
Frequent typing using a keyboard and/or calculator
Occasional lifting of basic office files or equipment up to 25 lbs
Normal office environment with comfortable internal temperatures and low level noise
EOE/AA #J-18808-Ljbffr
Duties And Responsibilities The Loan Specialist I – Document Preparation is responsible for assembling loan documentation for commercial and consumer loans in accordance with regulatory requirements and Bank policy. Loan packages must be prepared accurately and forwarded for further processing in a timely manner in order to ensure quality service and minimize inconvenience to the client. Because of market volatility and spikes in loan volume, the Loan Specialist I must be able to work under deadline pressure while still ensuring accuracy.
The Incumbent Will
Review pre-closing nCino Doc Prep memo and documentation to ensure all documents necessary to process the loan have been received, and address all outstanding exceptions
Review and clear existing collateral exceptions on renewal loans prior to releasing documents
Ensure all loan requests include proper approval to include aggregate debt, floors and fee waiver approvals prior to preparing loan documentation
Prepare in-house loan documentation for commercial, consumer and real estate loans in accordance with Bank policy and regulatory requirements within 48 hours of receipt of completed supporting documentation package; includes complex loans
Ensure that all internal systems and worksheets, such as nCino Loans in Process (LIP), are updated in a timely manner
Submit loan package to Quality Control for review after ensuring documentation is complete and accurate
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.
Note: Additional duties and responsibilities may be assigned.
Minimum Qualifications
High school diploma or equivalent
One (1) or more years of related experience
Commercial and consumer loan documentation experience to include knowledge of collateral perfection and related regulations
Excellent understanding of credit administration procedures as demonstrated in previous position gathering and assembling loan documents
Experience working with no supervision while performing duties
Excellent organizational and time management skills, as demonstrated by experience meeting deadlines
Experience working with Microsoft Outlook, Word and Excel
Physical Requirements And Environmental Conditions
Sustained sitting at a desk or workstation
Frequent use of PC, including typing or sustained attention to monitor
Frequent typing using a keyboard and/or calculator
Occasional lifting of basic office files or equipment up to 25 lbs
Normal office environment with comfortable internal temperatures and low level noise
EOE/AA #J-18808-Ljbffr