Loan Documentation Specialist I

Pay Range: $18.51 - $24.71

The Loan Documentation team at NBT is responsible for preparing, reviewing, and ensuring accuracy and compliance for loans across the bank's lines of business. The Loan Documentation Specialist I is responsible for performing moderately complex review of post approval documentation to analyze adherence to loan approval, loan policy and procedure including construction advance monitoring, collateral perfection and insurance requirements. Requiring considerable knowledge of loan policies and practices, the incumbent performs specific review of documents and identifies appropriate exceptions. Analyze information, comprehend standardized loan documentation and structure, and make processing decisions based on established procedures and guidelines.

Activities directly impact customer accounts, bank reporting, and risk mitigation. May prepare reports and furnish information to authorized persons within and external to the bank. Provides guidance to all levels of employees regarding policies and procedures as they pertain to tasks performed.

Education and Experience:

• High School Diploma or GED required

• Associates Degree preferred

• Professional or customer service experience preferred

Skills and Abilities:

• Ability to follow procedures, interrogate data required, and identify and communicate risks

• Basic organizational skills required

• Good communication skills (written and oral) required

• Strong reading and comprehension skills required

• Basic computer skills required

• Basic accounting skills preferred

Unique Job Requirements & Characteristics

• Ability to deliver high quality work in a friendly and fast paced environment

• Ability and willingness to learn new skills

Tasks Performed:

• 50% Perform review of business banking, SBA and other bank documented loans ensuring accuracy and meeting requirements of loan approval and policy. This will include reporting any exceptions to the appropriate parties and escalation of potential risk, and resolution of exception items.
• 15% Provide support to internal and/or external customers, cross train on other team duties as assigned and provide coverage for other team duties as required.
• 15% Maintain proficient knowledge of, and demonstrate ongoing compliance with, all laws and regulations applicable to this position. Adhere to policies, procedures, and internal controls. Ongoing focus on risk and fraud mitigation.
• 10% Uphold service level standards under normal conditions.
• 5% Assist with employee training and onboarding
• 5% Other duties as assigned

Physical Requirements:

• Communicate effectively with internal and/or external customers

• Stationary 75% of time or greater

• Move Objects to Maximum 10 lbs

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.