Loan Documentation Specialist I
About The Position
The Loan Documentation team at NBT is responsible for preparing, reviewing, and ensuring accuracy and compliance for loans across the bank’s lines of business. The Loan Documentation Specialist I is responsible for performing moderately complex review of post approval documentation to analyze adherence to loan approval, loan policy and procedure including construction advance monitoring, collateral perfection and insurance requirements. Requiring considerable knowledge of loan policies and practices, the incumbent performs specific review of documents and identifies appropriate exceptions. Analyze information, comprehend standardized loan documentation and structure, and make processing decisions based on established procedures and guidelines. Activities directly impact customer accounts, bank reporting, and risk mitigation. May prepare reports and furnish information to authorized persons within and external to the bank. Provides guidance to all levels of employees regarding policies and procedures as they pertain to tasks performed.
Requirements
- High School Diploma or GED required
- Ability to follow procedures, interrogate data required, and identify and communicate risks
- Basic organizational skills required
- Good communication skills (written and oral) required
- Strong reading and comprehension skills required
- Basic computer skills required
- Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.
Nice To Haves
- Associates Degree preferred
- Professional or customer service experience preferred
- Basic accounting skills preferred
Responsibilities
- Perform review of business banking, SBA and other bank documented loans ensuring accuracy and meeting requirements of loan approval and policy. This will include reporting any exceptions to the appropriate parties and escalation of potential risk, and resolution of exception items.
- Provide support to internal and/or external customers, cross train on other team duties as assigned and provide coverage for other team duties as required.
- Maintain proficient knowledge of, and demonstrate ongoing compliance with, all laws and regulations applicable to this position. Adhere to policies, procedures, and internal controls. Ongoing focus on risk and fraud mitigation.
- Uphold service level standards under normal conditions.
- Assist with employee training and onboarding
- Other duties as assigned
Benefits
- Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
- Parental Leave: Six weeks of paid leave at 100% of your salary.
- Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
- Dental and Vision Coverage: Ensuring your overall health and well-being.
- Flexible Spending Accounts: For healthcare and dependent care expenses.
- Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage.
- Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.
- Voluntary Benefits: Including hospital, accident, and critical illness coverage.
- Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
- Adoption Assistance: Supporting your growing family.
- Tuition Reimbursement: Invest in your education and career growth.
- Employee Assistance Program (EAP): Access to support and resources.
- Pet Insurance: For all your furry friends.
- Financial and Banking Services: Various banking services benefits and financial planning assistance.
- Paid Sick and Safe Leave: For your health and safety.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
