Loan Processing Specialist (73909)

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