Loan Documentation Specialist
Bank Of Springfield•Springfield, IL
•$40,000 - $45,000
About The Position
The Loan Documentation Specialist (Commercial) is responsible for preparing and reviewing loan documentation for commercial and consumer loans, ensuring accuracy and compliance throughout the process. This position requires strong attention to detail, organization, and the ability to manage a high-volume workload while working independently.
Requirements
- Bachelor’s degree or comparable work experience required
- Knowledge of banking regulations and commercial and consumer loan documentation
- Strong organizational and communication skills
- Detail-oriented with the ability to manage a high-volume workload
- Ability to work independently and effectively problem-solve
Nice To Haves
- Knowledge of Microsoft Office products preferred
- High degree of typing accuracy preferred
Responsibilities
- Prepare files and documentation for commercial and consumer loans
- Review and understand title commitments
- Understand legal entities and their requirements for lending
- Understand commercial loan documents, collateral, and requirements for perfecting security interests
- Scan and index loan documents
- Utilize multiple software programs proficiently
- Maintain accuracy and attention to detail throughout the loan documentation process
- Other duties as assigned
Benefits
- Competitive compensation package
- Variety of benefits designed to support our employees both personally and professionally
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
