Senior Loan Documentation Specialist
:
Pay Range: $18.06 - $24.00 Prepares complex Commercial and Business Banking loan documents by using a third party system (Laser Pro). The position is responsible for interpreting Loan Approval Records to determine necessary documents to perfect and complete the loan as well as the legal documents needed to support the banks lending process and lien position. This position is responsible for ensuring documents are prepared accurately and in accordance with the banks loan policy. This would also include understanding the banks loan policy contents and understanding all loan documents. The person in this role is responsible for helping the lending teams develop complete documents. Understand the complete loan process to train and teach other Loan Document Specialists. Thoroughly understand the lien perfection process for various types of collateral including real estate, business assets and vehicles along with insurance requirements on the collateral. Education and Experience: - Associate degree or equivalent of education and experience
- 2 years' experience in Loan Documentation
Skills and Abilities: - Organizational Skills
- Solid PC Skills, including Word and Excel
- Professional Communication and Customer Service Skills
- Analytical and Research Skills
Unique Job Characteristics and Requirements: Nautilus, thorough knowledge of Loan Documents, FiServe and LaserPro Tasks Performed: - 50% Prepare loan documents according to bank policy and the Loan Approval Record for complex closings For example, SBA, Participation, Floor Plans, Multi-Borrower or Multi-Collateral requested by lenders and maintains log of work produced.
- 15% Correspondence with lenders and attorneys relating to documentation questions.
- 15% Review current files before preparing loan documents to validate required documents and alleviate duplication. Validates correct documents are accuracy produced.
- 5% Assist collateral area of department as needed.
- 5% Gather monthly production data and prepare month end management reports.
- 5% Other duties as assigned
- 5% Review Laser Pro updates of system to stay current with changes and laws. Assist in maintenance of loan documentation software and software testing.
Physical Requirements: - Communicate effectively with internal and/or external customers
- Stationary 75% of time or greater
- Move Objects to Maximum 10 lbs
Recommended Jobs
Staff Android Engineer
OVERVIEW OF THE COMPANY Fox Corporation Under the FOX banner, we produce and distribute content through some of the world’s leading and most valued brands, including: FOX News Media, FOX Sports…
Senior Manager, Sales
At NASCAR, you will find a community of passionate individuals who care about our sport and are united in seeing it grow. NASCAR seeks a talented professional to join in the position of Senior …
OB/GYN Hospitalist Fellowship
The OB/GYN Hospitalist Fellowship at Maimonides Medical Center is a one-year, non-ACGME (Accreditation Council for Graduate Medical Education)–accredited advanced training program designed for obstet…
CDL Driver Part-Time (Warehouse)
Description About NYRR New York Road Runners (NYRR) was founded in 1958 when a small group of passionate runners vowed to bring running to the people, and has grown from a local running club into…
Prep
Seed Library NYC is a neighborhood cocktail bar rooted in curiosity, creativity, and genuine hospitality. As part of the Mr Lyan family, we explore familiar ingredients in unexpected ways, drawing in…
BOH-Line Cook
: Job Title: Line Cook Reports To: Chef Roberta's is looking for line cooks to join our Roberta's team! Roberta's New York City, which opened in 2008, helped pave the way for the boroughs'…
Stylist (NYC)
Job Description Job Description Catbird Stylists are brand ambassadors and trusted jewelry guides who create memorable, sales-driven experiences. In this role, you will guide customers toward dem…
Director, Advertising Sales, FNM
OVERVIEW OF THE COMPANY Fox Corporation Under the FOX banner, we produce and distribute content through some of the world’s leading and most valued brands, including: FOX News Media, FOX Sports…
Preschool Teacher Assistant
Join a mission-driven organization dedicated to providing high-quality early childhood education and family support services in Orange and Sullivan Counties. The Teacher Assistant supports the class…
Tory Burch Senior Manager, Community, Foundation
We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory's design philosophy is defined by effortless silhouettes, innovative material…