Loan Documentation Review Specialist IV

PEOPLES BANK MASTER • Newton, NC

7d • Onsite

About The Position

This position is responsible for performing a post-closing documentation review of various commercial loan types, including commercial loans, construction loans, participations, Letters of Credit, modifications, extensions, Forbearance agreements, collateral change documents, Release Deeds, Guaranty releases, and Assumption Agreements. The role ensures compliance with the bank's credit policy and all applicable state/federal laws, regulations, policies, and procedures. Key duties include setting up collateral and compliance ticklers, providing exceptional customer service, adhering to internal policies and compliance regulations, reviewing and updating operating policies, maintaining department workflow standards, assisting with training, supporting audits and examiners, and serving as a backup for the Review and Quality Control Manager.

Requirements

• Associate’s degree from a two-year college in a business-related field or equivalent combination of related work experience in banking
• Thorough understanding of commercial, construction, participation loans and Modifications of these loan types
• Thorough knowledge of loan documentation and applicable lending regulations and document retention requirements to ensure practices comply with accepted standards
• Understanding of lending terminology and compliance regulations
• A minimum of five years’ work experience in commercial, construction and participation loans
• Ability to read, analyze and apply policies and procedures, and interpret business and procedural documents
• Ability to compile reports, correspondence and information for procedures manuals
• Ability to prioritize and organize assignments
• Supervisory, organizational and time management skills
• Excellent customer service skills, interpersonal skills and communication skills to effectively deal with various levels of internal and external customers
• Proficient personal computer skills including Microsoft Outlook, Microsoft Word and Excel spreadsheets
• Thorough understanding of hazard and flood insurance coverage

Nice To Haves

• Bachelor’s degree in business, finance or information systems related field from a four-year college or university
• nCino Commercial Lending Platform and Fiserv core processing experience
• Minimum of one year’s supervisory experience in a loan operations environment
• A demonstrated use of advanced computer skills

Responsibilities

• Performing a post-closing documentation review of commercial loans, construction loans, participations, Letters of Credit, modifications, extensions, Forbearance agreements, collateral change documents, Release Deeds, Guaranty releases and Assumption Agreements to ensure compliance with the credit policy of the bank, along with all other state/federal applicable laws, regulations, policies and procedures
• Setting up collateral and compliance ticklers (documentation deficiencies) on core processing system
• Providing exceptional customer service to internal and external customers
• Adhering to the internal loan policy and procedures of the bank as well as adherence to compliance regulations and state/federal banking laws
• Reviewing and updating operating policies and procedures specific to Review & Quality Control area
• Maintaining department workflow standards
• Assisting with commercial documentation review training for new loan operations personnel
• Helping Loan Documentation Review Manager with audit, compliance, risk management and state/federal examiners to provide documents and data as requested
• Serves as a backup for the Review and Quality Control Manager
• Provides support for internal and external Loan Servicing functions

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree