Documentation Specialist - Business Express

MidFirst Bank • Oklahoma City, OK

4d

About The Position

This position is primarily responsible for ensuring proper documentation is in place to establish a legally binding contract with borrowers. Position is also responsible for securing liens on collateral, and ensuring loans comply with internal bank policies, as well as federal and state regulations to include adherence to the Dodd-Frank, Section 1071 requirements. Tracks exceptions and advises lending staff on documentation issues. Ensures proper approval of loan commitments.

Requirements

• 3 years of related experience in financial services, or a bachelor’s degree plus 1+ year of experience in financial services.
• Excellent interpersonal, written and oral communication skills.
• Ability to make sound decisions and produce great work under general or limited supervision.
• Proficient PC skills including MS Word, MS Excel, and programs used to generate loan documents.
• Ability to adjust priorities to changing circumstances and maintain quality in fast paced atmosphere.
• Great organization skills, very detail oriented.

Nice To Haves

• Working knowledge of commercial lending policies.
• Working knowledge of the more complex commercial style transactions.
• Working knowledge of credit agreement covenants, loan documentation in multiple states, UCC, ECOA, HMDA, Beneficial Ownership, Fair Credit Reporting Act, and other federal and state regulations.

Responsibilities

• Ensuring proper documentation is in place to establish a legally binding contract with borrowers.
• Securing liens on collateral.
• Ensuring loans comply with internal bank policies, as well as federal and state regulations to include adherence to the Dodd-Frank, Section 1071 requirements.
• Tracking exceptions and advising lending staff on documentation issues.
• Ensuring proper approval of loan commitments.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level