Loan Documentation Specialist 4

U.S. Bank • San Diego, CA

1d • $23 - $30

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Performs Post Close Audits of booked SBA Origination and Modification loans as well as follows for post closing conditions. Requires interacting with Borrowers, company vendors, title and escrow companies, etc. In addition, this position monitors all Post Close Side Agreements for SBA loans and coordinates receipt and approval of all needed items. Position is also responsible for monitoring and resolving documentation exceptions noted by internal partners.

Requirements

• High school diploma or equivalent
• Four to six years of relevant experience
• Thorough knowledge of legal documents used to support applicable loan/lease processing
• Ability to identify and resolve/escalate complex problems with minimal guidance
• Ability to apply critical thinking for all elements of loan documentation construction
• Ability to master the bank's documentation software
• Thorough knowledge of closing policies and procedures, funding policies, underwriting requirements, governmental and agency requirements, terminology and automated processing systems
• Thorough knowledge of applicable credit policies and approval processes for assigned product(s)
• Ability to work effectively and accurately in a fast paced, high production, professional environment
• Strong organizational skills
• Excellent verbal and written communication skills

Responsibilities

• Performs Post Close Audits of booked SBA Origination and Modification loans as well as follows for post closing conditions.
• Monitors all Post Close Side Agreements for SBA loans and coordinates receipt and approval of all needed items.
• Responsible for monitoring and resolving documentation exceptions noted by internal partners.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

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