Commercial Loan Documentation Specialist

The Honesdale National Bank • Honesdale, PA

2h • Onsite

About The Position

The Loan Documentation Specialist performs a variety of advanced and detail-oriented tasks to support the loan processing function. Responsibilities include preparing loan documentation for commercial products, maintaining accurate loan files and records, processing loan transactions, and generating relevant reports. This position also provides guidance and assistance to loan processing clerks to ensure accuracy and regulatory compliance.

Requirements

• Strong keyboarding and PC proficiency
• Excellent interpersonal and communication skills
• Highly organized, accurate, and detail-oriented
• High school diploma or equivalent
• Experience in residential and commercial loan documentation is preferred

Nice To Haves

• Working knowledge of Decision Pro, Laser Pro, and Jack Henry Silverlake systems is desired

Responsibilities

• Generate loan documentation for commercial loans, selecting appropriate forms for commercial products
• Order and manage title searches, flood certifications, and credit reports
• Analyze loan applications for completeness and determine appropriate processing actions
• Prepare Regulation Z disclosures and additional required forms or complete them when applicable
• Maintain and monitor the log for outstanding commercial letters of credit and commercial modifications, including origination and expiration dates; prepare associated documentation
• Review incoming information from borrowers, employers, etc., and verify documentation sufficiency; initiate verification forms when needed
• Stay current on changes and updates in regulatory loan compliance
• Communicate extensively—both written and verbal—with borrowers, realtors, appraisers, builders, and other involved parties
• Assist management in developing loan processing procedures and manuals to support compliance with HMDA requirements
• Prepare reports for new loans to be reviewed by management and/or the Board of Directors
• Support cross-training initiatives for operations personnel regarding loan production procedures
• Participate in Saturday morning rotation as scheduled
• Demonstrate ongoing commitment to the organization's vision and mission statements
• Propose process improvements and operational enhancements to the supervisor
• Respond to inquiries from the public, customers, and bank staff and resolve discrepancies
• Actively engage in community affairs to promote the bank's visibility and strengthen business development
• Perform other duties and assume additional responsibilities as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED