What are the responsibilities and job description for the Commercial Loan Documentation Specialist position at Shore United Bank?
Shore United Bank is looking for a full-time Commercial Loan Documentation Specialist to join our team. In this role, you will be responsible for preparing and reviewing loan documentation within our loan platform system, ensuring that documents are complete, accurate, and compliant. You'll assist in supporting the bank's lending and credit functions by verifying and obtaining necessary documentation for underwriting decisions. As a key member of our team, you’ll collaborate with colleagues across various departments and communicate with both internal and external customers. You'll also be responsible for maintaining proper records, providing reports, and addressing inquiries or requests in a timely and professional manner.
Essential Functions Include
Position Type/Expected Hours Of Work
Shore United Bank: Good things are happening here. ®
Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.
Essential Functions Include
- Perform various duties relative to preparing loan documentation within the loan platform system and reviewing loan closing packages for compliance, accuracy and completeness
- Orders appraisals/evaluations and flood hazard determinations as required and tracks payments from the borrowers for the same.
- Accurately prepares all loan documents in accordance with the final approved credit facility.
- Working knowledge of the principals of loan documentation and perfection of security interests. Order and reviews title/lien searches to ensure adherence to final approved credit facility.
- Follow up with appropriate internal and external customers as necessary to obtain clarification and /or any missing/incomplete data within the timeframes established.
- Review of loan documents prior to closing for accuracy, completeness and compliance with laws, regulations, and bank policy.
- Schedule loan closings to meet and attempt to exceed our customer’s expectations.
- Filing, maintenance of various logs, and other administrative duties as assigned.
- Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Company’s compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.
- Participates in required training sessions, including training for compliance with BSA/AML policies and procedures.
Position Type/Expected Hours Of Work
- Full-time.
- Non-exempt.
- Days of Work: Monday-Friday.
- High school diploma/GED equivalent.
- 1 year experience successfully providing excellent customer service in a fast-paced environment.
- 1 year experience within a banking position.
- Experience with nCino or Laser Pro a bonus, but not required.
- The pay range for this position is $23.00 to $26.00 hourly.
- Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.
- Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work.
- Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!
- Paid parental leave
- 401k savings plan with up to a 4% company match
- Employee Stock Purchase Plan
- Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
- Opportunity for growth and advancement
- Paid training program and continuous training sessions throughout the year on various topics
- Generous paid time off and paid sick time
- Community involvement opportunities
Shore United Bank: Good things are happening here. ®
Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.
Salary : $23 - $26
