What are the responsibilities and job description for the Documentation Specialist position at Collabera?
Note:
- The position is Hybrid after Training (Once week on Office, One week from Home).
- Training for the job is completely Onsite.
Position Details:
- Position: Loan Documentation Processor 2
- Industry: Banking/Financial ServicesJob duration: 6 months (Contract to Hire)
- Location: Des Moines, IA 50309 / Phoenix, AZ 85029 (Hybrid after Training - Once week on Office, One week from Home)
- Training/Working Schedule: 40 hours/week - Monday - Friday (Onsite - 8 AM - 5 PM)
- Pay Range: $19-20/hour
- Start Date: 03/31/2025 OR 04/07/2025 (Tentative Start Date)
Project Scope:
- The Loan Documentation Processor 2 role within the Loan Manufacturing Team is crucial in ensuring smooth and efficient processing of loan applications.
- Acting as a key liaison between loan officers and underwriters, this role is responsible for collecting, verifying, and submitting loan documentation while maintaining accuracy and compliance.
- The position supports the overall loan manufacturing process by reducing processing delays, ensuring quality control, and facilitating effective communication between key stakeholders.
Job Details:
- Document Collection & Submission: Work closely with loan officers to gather required loan documents and submit them to underwriters for approval.
- Quality Control & Compliance: Review loan documentation for accuracy, completeness, and adherence to internal policies and regulatory guidelines.
- Communication & Coordination: Serve as the middle-man between loan officers and underwriters, ensuring timely resolution of documentation issues and responding to inquiries.
- Data Verification: Validate borrower information, loan terms, and other critical details in internal systems.
- Process Monitoring: Track the status of loan files and provide updates to loan officers and underwriters to ensure smooth workflow.
Required Skills:
- 1-2 years of Loan Documentation experience.
- Documentation Review (Bank statements - Mortgage loans).
Nice to Have Skills:
- 1 years of experience in mortgage, financial services, or a related field.
- Previous experience in loan documentation review preferred.
- Familiarity with loan processing systems and document management platforms.
- Proficiency in MS Office (Excel, Word, Outlook).
- Attention to Detail: Strong analytical skills to identify inconsistencies or errors in loan documentation.
- Excellent professional oral and written communication skills.
- Ability to effectively partner with loan officers and underwriters to facilitate a smooth loan review process.
Salary : $19 - $20
