Loan Specialist I - Document Preparation
ServisFirst Bank, Birmingham, AL, United States
Loan Specialist I Document Preparation
At ServisFirst, Our Name is Our Mission. 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
At ServisFirst, Our Name is Our Mission. 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