Loan Document Specialist II - Consumer

First United Bank

88d

About The Position

The Consumer Loan Documentation Specialist position is responsible for preparing and reviewing loan documentation for consumer real estate loans, preparing consumer loan modifications, and providing support to Community Banks for consumer non-real estate loans while ensuring federal regulations and internal policy and procedures are met.

Requirements

• High school diploma or GED required.
• Minimum one year working experience in the loan area of a banking institution.
• Six months to one year of hands-on experience with preparing or reviewing loan documentation.
• Good understanding of financial institution products and services preferred.
• Good understanding of computer spreadsheet and word processing programs.
• Strong understanding of loans and loan products preferred.
• Ability to initiate tasks and projects with little or no supervision.
• Exceptional customer service skills.
• Good problem-solving and decision making skills.
• Demonstrates good judgment.
• Strong organizational skills.
• Strong interpersonal skills and ability to work well with a wide range of people.
• Ability to communicate well with internal customers by all means of communication including written, verbal, and non-verbal communication.
• Willingness to accept additional responsibilities.
• Dependable and adheres to time lines and schedules.
• Takes initiative in development and completion of projects.

Responsibilities

• Prepare consumer loan documents within the bank’s portfolio to ensure adherence to lending regulations, lending compliance, and the bank’s credit policy.
• Review prepared documents for accuracy and consistency with approval requirements.
• Review collateral support documents such as title commitments.
• Confirm appraisal and/or environmental reports are completed with appropriate review/sign off (subject to regulatory compliance).
• Process, review and upload complete loan and collateral files to ensure that established standards are met, including compliance with federal regulations and adherence to Bank lending policy as well as ensuring that the Bank’s security interest is established, and our lien position is upheld.
• Process all consumer loan modification requests which includes checking file for check-in & prepare documentation; renewal, deferral, modification.
• Process and complete all consumer denial/fallout applications.
• Provide support to Loan Officers/Lending Team to process the loan according to established policies, procedures and regulatory guidelines.
• Ensure compliance with regulatory issues including but not limited to TRID, RESPA, FDPA, HMDA, HPML, and Regulation B.
• Independently prioritize workflow to maximize production turn around and minimize administrative delinquencies.
• Work stale dated loans in system for decline/withdraw completeness.
• Assist management in the preparation for and during audits and exams.

Benefits

• Career opportunities and a wide array of benefits for staff.
• Recognition as a 'Best Places to Work' organization by OKCBiz Magazine.

What This Job Offers

• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees