Loan Processing Specialist II

BASIC FUNCTION:

Processes loans and prepares loan documents in a centralized environment for all types of consumer and commercial loans. Work may be reviewed by either the Central Processing Manager or a Senior Specialist.

ESSENTIAL FUNCTIONS:

• Responsible for creating and reviewing all documents regarding loan processing:
  • Early disclosures
  • New loan documentation
  • Loan renewal documentation
  • Extensions/Modifications
  • Collateral amendment form
  • Automatic transfer forms
  • HMDA data capture
  • All other miscellaneous loan forms
• Create all documents needed for a new loan package for Loan Officers, to include ordering title work, flood determinations, and other supporting documentation
• Identify and resolve gaps in approval and final closing terms
• Prepare loan tickets for fees, upload and fund originated loans
• Accurately capture and report loan portfolio information for compliance with managements reporting requirements and objectives
• Support team members in achieving the goals and objectives of the Centralized Processing team

SKILLS, KNOWLEDGE, AND TRAINING:

• Strong attention to detail, self-starter, and the ability to learn quickly
• General knowledge of banking regulations
• Ability to read and comprehend bank policies and regulatory guidance, and apply to work situations
• Interpersonal and communication skills to represent the Bank in a positive way in dealing with customers and co-workers and convey information effectively
• Strong organizational skills, exhibiting the ability to multi-task and manage time to ensure timely completion of tasks
• Able to work well under pressure and adapt to process changes and workflow peaks
• Mathematical aptitude
• Basic knowledge of the Banks loan, trust, and investment center products
• Experience with computer technology including, but not limited to, Word, Excel, internet navigation

WORKING CONDITIONS:

• Sitting for long periods of time; approximately 8 hours a day with the ability to move around a little.
• Lift 10-20lbs periodically.

REQUIREMENTS:

• High school diploma or equivalent
• Prior loan processing experience preferred (Level 1)
• Two years minimum loan processing experience (Level 2)
• Five years minimum experience (Level 3)
• Basic knowledge of lending compliance regulations
• Basic knowledge of collateral perfection requirements
• Familiarity with residential loan disclosure requirements preferred
• Maintain up-to-date knowledge of and adhere to all state and federal regulations that pertain to this position including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending.
• Working knowledge of state and federal regulations including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending along with industry best practices that pertain to this position