Loan Data Review Specialist I

Centennial Bank•Conway, AR

About The Position

The Loan Data Review Specialist I serves as a first line of error monitoring for the loan onboarding process. The role files appropriate Uniform Commercial Codes (UCC) to secure collateral for the bank and processes partial releases. The specialist reviews booked and incoming loan files for accuracy and readiness for booking, processes collateral releases, ensures online filings are recorded with the appropriate governmental entity, and handles requests and inquiries. The position also implements loan-type tracking requirements, performs post-lien searches, and completes assigned compliance training.

Requirements

Specialized-field knowledge, such as basic accounting or computer skills, acquired through education, training, or experience.
Education and experience equivalent to four years of high school, plus specialized training equal to two years of college, plus 19 to 23 months of related experience and/or training, or an equivalent combination.
Ability to communicate information effectively and respond to questions in person-to-person and small-group situations with customers, clients, the general public, and employees.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume, and apply fractions, ratios, and proportions to practical situations.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret a wide variety of technical instructions in mathematical or diagram form and deal with abstract and concrete variables.
Intermediate alphanumeric data entry, database, and word processing/typing skills.
Basic 10-key, accounting, payroll systems, and spreadsheet skills.
One year of lending experience and/or training with regulatory compliance.
Keen eye for detail.
Ability to work in a team environment and get along with others.
Ability to handle pressure due to deadline restraints.
Multitasking capabilities and ability to prioritize workflow.
General knowledge of computers.

Responsibilities

Review booked loans daily to ensure accuracy across all documentation; this duty takes about 50% of the time.
Process partial releases of collateral in accordance with procedures and policies.
Ensure recordation of online filings with the appropriate governmental entity in compliance with the Uniform Commercial Code.
Fulfill ticket, phone, and email requests and inquiries promptly and professionally.
Review and process incoming loan files to prepare them for booking according to file check-in procedures.
Implement tracking requirements and parameters for each loan type.
Perform post-lien searches using appropriate Uniform Commercial Codes.
Complete required BSA/AML and other assigned compliance training.
Work in a constant state of alertness and in a safe manner.
Perform other related duties as required or assigned.