Loan Documentation/Prefunding Specialist - Midvale, UT (In Office)

Zions Bancorporation • Midvale, UT

3d • Onsite

About The Position

The Loan Documentation/Prefunding Specialist will provide administrative and operational support for business banking loan operations. This role involves loan documentation preparation, ensuring accurate and complete legal documents, and performing pre-funding activities such as verifying executed loan documents and validating disbursement information before funding loans. Employees may be specialized in supporting real estate, non-real estate secured loans, or SBA loans, and must possess the skills to support multiple methodologies and collateral types. The role requires meeting turn time and accuracy requirements, and working closely with Business Bankers/Branch Managers, Loan Closers, and other loan operations departments. Other duties may be assigned.

Requirements

• Requires High School diploma or equivalent and some previous banking or loan process experience or other directly related experience.
• Basic knowledge of lending processes and procedures, loan documentation, exceptions, collateral review, payment and loan systems.
• Knowledge of banking processes helpful.
• Must have good organizational and customer service skills.
• Must possess numeric and verbal aptitudes.
• Good written and verbal communications skills.
• Ability to complete processes and meet deadlines.
• Working knowledge pc's and various word processing, spreadsheet or related software.

Nice To Haves

• Employees may be aligned in teams by complexity and may specifically support real estate, non-real estate secured loans, or SBA loans, but may support multiple methodologies and collateral types and therefore must possess the appropriate skills needed for each.

Responsibilities

• Provides administrative and/or operational support for business banking loan operations.
• Loan documentation preparation activities, ensuring the accurate and complete preparation of loan documents, creating legal documents as required.
• Assigned pre-funding activities such as verifying and ensuring that the required closed loan documents have been received and properly executed, and for validating balanced disbursement information prior to providing the OK to Fund for loans underwritten and approved.
• Support multiple methodologies and collateral types and therefore must possess the appropriate skills needed for each.
• Responsible for meeting turn time and accuracy requirements dictated by established service level agreements.
• Works closely with Business Bankers/Branch Managers, Loan Closers and other loan operations departments.
• Other duties as assigned.

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, Paid Time Off (PTO) and Paid Federal Holidays, and any applicable state holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
• Employee Ambassador preferred banking products

What This Job Offers

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