Loan Documentation Specialist

Parkside Financial Bank & Trust • Clayton, MO

16h

About The Position

Parkside Financial Bank & Trust is seeking a highly motivated Loan Documentation Specialist to join their Loan Operations team. The specialist will be responsible for effectively communicating information requests and the status of pending closings. The position requires a high school degree or equivalent, with an associate or bachelor's degree preferred, and 3 or more years of experience commensurate with the responsibilities.

Requirements

• 3+ years’ experience in loan operations
• High school diploma or equivalent required
• Experience with Laser Pro
• Motivated self-starter
• Detail oriented and highly organized
• Able to multi-task and prioritize to meet deadlines
• Able to work both independently and as an integral part of a team
• Quickly and proficiently comprehend new information
• Able to focus on key priorities and thrive in a complex and ever-changing environment
• Strong work ethic
• Stable under pressure or stress
• Willingness to learn and contribute to company’s financial growth and profitability

Nice To Haves

• associate or bachelor’s degree preferred

Responsibilities

• Prepare and review loan documents in accordance with Bank policies and procedures while staying in compliance with regulatory requirements, including CRA, HMDA, OFAC, Flood, Patriot Act, Regulations B, O, U and Z, appraisal, environmental and beneficial ownership
• Manage individual workflow through the Bank’s loan management system to determine timing, documentation parameters and required contents of the final loan package for closing
• Collaborate with the Loan Operations Team Lead and Manager on deal structure, supporting documentation and questions on additional items needed to prepare documents
• Collaborate with the Loan Coordination team on sending and receiving complete loan closing packages
• Openly communicate with Loan Operations, Loan Coordination and Relationship Managers on missing or additional items needed to finalize a loan closing
• Work in Laser Pro, the bank’s core system for research purposes and the workflow system used for queue assignments and individual deal flow for documentation prep
• File or record necessary collateral documents to perfect the bank’s security interest
• Perform quality assurance review of either new or renewed closed loans in our Bank’s core system
• Create and manage outstanding documentation ticklers utilizing the Bank’s workflow system
• Meet established turnaround times while maintaining a high level of accuracy
• Indexing and/or review of daily work processes and closed loans in the Bank’s imaging system
• Preform other duties as assigned by Team Lead or Manager

Benefits

• Competitive salary with bonus
• Medical, dental, and vision insurance
• 401k Plan + Employer Match
• Employee Stock Options
• 12-week paid maternity leave
• Paid 4 Week Sabbatical Program, including $5,000 for travel, with every 5 years of employment
• Tuition Reimbursement
• Employee charitable giving support
• Company-paid parking

What This Job Offers

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