Loan Documentation Specialist I

Basic Qualifications:

• High school diploma or equivalent required.

• Minimum of one (1) year of work experience with financial documents and transactions (i.e., promissory notes, loan agreements, security deeds, mortgages) required.

• Minimum of one (1) year of experience with Microsoft Outlook, Word, and Excel software required.

• Minimum of one (1) year of work experience in a centralized loan documentation department, preferred.

• Prior experience with TILA-RESPA Integrated Disclosure (TRID) preferred.

• Prior experience with corporate authority documents (i.e., Articles of Incorporation, By-Laws, Certificate of Good Standing) preferred.

Job Purpose and Scope:

Responsible for coordinating the loan documentation process. Works under general direction, but in conformance with established policies and procedures, to ensure all regulatory, legal, and loan policy requirements are met in advance of preparing loan documents for approved loan requests.

Essential Job Functions:

• Reviews imaging system for documentation deficiencies for internal refinance and modification requests.

• Orders and reviews required support documentation from the Bank's list of approved vendors and obtains in-house requirements as required on each request.

• Uses the Bank's loan platform system to key information necessary to originate loan documents according to approval, collateral and additional documentation.

• Maintains a daily record of transactions in process.

• Communicates with other members of Loan Administration Documentation and the lending staff regarding status of loan requests, missing information needed from the lender/borrower and clear-to-close information.

• Manages documentation exceptions to an acceptable level.

• Maintains good punctuality and attendance to work.

• Follows Bank policy, procedures, and guidelines.

Knowledge, Skills & Abilities:

• Knowledge of loan terminology and elements/process required to close a loan.

• Knowledge of general banking principles and federal and/or state regulatory lending laws.

• Ability to communicate effectively both verbally and in writing.

• Ability to multi-task and work with exacting deadlines in a fast-paced environment.

• Ability to maintain attention to detail and complete accurate, detailed work within specific timeframes.

• Ability to work effectively in a team environment and help others when needed.

• Ability to follow policies and procedures.

• Ability to work under general supervision.

• Ability to work overtime, as necessary.

• Skill in using computer and Microsoft Office, including Word, Excel, and Outlook.

Equipment Used in Job Performance/Working Environment:

• Microsoft Windows-based computer, multiple monitors

• Telephone

• Multi-function device

Major Job Demands (Physical/Mental):

• Decision-making

• Problem-solving

Note: This description is not an exhaustive list of all job functions, duties, skills and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.