Overview

We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ – EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.

EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships.

We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements. This position is eligible for our hybrid remote work and will work in the Rockville, MDoffice four days per week.

Responsibilities

GENERAL SUMMARY:

Under close supervision, the Loan Documentation Specialist is responsible for the preparation of less complex commercial loan documentation, ensuring loans are documented as approved and in compliance with all applicable Bank policies and Federal and State banking laws and regulations.

MAJOR DUTIES AND RESPONSIBILITIES:

• Under guidance, reviews loan requests to ensure proper approval and determine necessary due diligence required to generate loan documents that are accurate and in compliance with bank procedures and regulatory requirements.
• Reviews organizational documents to verify borrower/guarantor’s existence and authority to borrow for existing loans.
• Reviews searches and other supporting documentation to confirm collateral ownership and lien position.
• Verifies customer information against tax returns, the Bank’s core system and records management system.
• Reviews credit approval to determine the products to use in documentation software system and the terms to be used for the transaction.
• Processes less complex loan documents using the documentation software system.Completes all documentation timely and with minimal errors. Submits all completed work to the supervisor or approved designate allowing enough time for a full review. Responsible for ensuring loans are in compliance with the Bank’s policies and procedures and all applicable banking rules and regulations.

• Coordinates with PA/Lender to resolve any issue and/or discrepancies.

• Assist with special projects as needed.
• Attend seminars and meetings as appropriate.
• Complies with all applicable Bank policies and procedures.

Qualifications

Requirements:

REQUIRED:

• High School Diploma or equivalent.
• 2 years of previous experience in document preparation, loan administration, loan servicing, or other documentation experience OR a minimum of 3 years of banking platform experience may be considered.
• Proficient in MS Office.
• Working knowledge of records management systems.
• Experience using a banking core system.

PREFERRED:

• 2 year college degree.
• 2 years commercial loan documentation experience using a documentation software system.
• Experience with using a loan documentation system. LaserPro experience strongly preferred.

• Knowledge of the various laws and regulations governing the banking industry particularly in the commercial lending area.
• Knowledge of documentation software; LaserPro preferred.
• Working knowledge of a bank core processing system preferred; IBS preferred.

Don't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren’t hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.