Jr Loan On-Boarding Specialist - Sugar Land, La Grange, Victoria

Prosperity Bank•La Grange, TX

About The Position

To review, process, fund, or on-board loans, i.e.: consumer non-real estate, consumer mortgage, commercial real estate, commercial & industrial, oil & gas, agriculture, and SBA. Review loan documents for lien perfection. On-board promissory note per loan document including tracking for recordings, update documents as needed, process payments as needed, and Reconcile, create tickets or keyboard post all general ledger transactions. Email communications as needed to lending staff.

Requirements

High School graduate or equivalent; associate or bachelor’s degree is preferred.
Loan Document & Real Estate Documentation
Time Management Skills a must
Experience in credit, loan servicing or administration operations covering 3+ years’ experience in loan covenant perfection, borrowing base calculations, DTI and LVT ratio calculations with an emphasis of complex commercial and industrial documentation.
Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
Average Hearing: Able to hear average or normal conversations and receive ordinary information.
Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers.
Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.
Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. (Almost all office jobs.)
Reasoning Ability: Ability to deal with a variety of variables under only limited standardization. Able to interpret various instructions.
Mathematics Ability: Ability to compute financial ratios, cash flow and debt service.
Language Ability: Ability to read a variety of books, magazines, and instruction manuals. Ability to prepare memos, internal loan applications, and reports, using proper punctuation, spelling, and grammar. Ability to communicate distinctly with appropriate pauses and emphasis, correct pronunciation (or sign equivalent), and variation in word order using present, perfect, and future tenses.

Nice To Haves

Prior experience in a financial institution helpful

Responsibilities

Review, process, fund, or on-board loans, i.e.: consumer non-real estate, consumer mortgage, commercial real estate, commercial & industrial, oil & gas, agriculture, and SBA.
Review loan documents for lien perfection.
On-board promissory note per loan document including tracking for recordings, update documents as needed, process payments as needed, and Reconcile, create tickets or keyboard post all general ledger transactions.
Email communications as needed to lending staff.
Loans are reviewed and approved in accordance with applicable legal, regulatory, and loan policy requirements and with established policies and procedures.
Professional business relations exist with Bank personnel.
Assistance is provided as needed.
Required documentation is complete and accurate.
Maintains service level agreements.
Management is appropriately informed of area activities.
Reports are complete and timely.