Loan Documentation Specialist 5

U.S. Bank • Gresham, OR

2d • Hybrid

About The Position

Coordinates preparation of loan and lease packages in compliance with policies and procedures, regulatory guidelines, and investor standards. Gathers and reviews required documents and information within designated time frames. Communicates with staff, customers and clients, realtors, brokers, counsel, and title companies to respond to inquiries, resolve problems, and obtain documents needed to complete loan files. Ensures compliance with internal policies, regulatory and investor requirements, and customer service standards. May coordinate closing and funding for assigned loan packages, including calculating final closing costs and disbursing funds.

The position requires working from a U.S. Bank location three or more days per week. The stated pay range is $24.18–$32.21; actual pay may vary by location. U.S. Bank offers benefits subject to eligibility requirements.

Requirements

• High school diploma or equivalent.
• Typically six to eight years of relevant experience.

Nice To Haves

• Thorough knowledge of legal documents used to support applicable loan or lease processing.
• Ability to work with legal staff to solve complex documentation needs.
• Ability to apply critical thinking to all elements of loan documentation construction.
• Ability to master the bank’s documentation software.
• Advanced knowledge of closing policies and procedures, funding policies, underwriting requirements, governmental and agency requirements, terminology, and automated processing systems.
• Advanced knowledge of applicable credit policies and approval processes for assigned products.
• Ability to work effectively and accurately in a fast-paced, high-production, professional environment.
• Strong organizational skills.
• Effective verbal and written communication skills.

Responsibilities

• Coordinate preparation of loan and lease packages in compliance with policies, procedures, regulatory guidelines, and investor standards.
• Gather and review necessary documents and information within designated time frames.
• Communicate with staff, customers and clients, realtors, brokers, counsel, and title companies to respond to inquiries, resolve problems, and obtain additional documents.
• Ensure compliance with internal policies, regulatory and investor requirements, and customer service standards.
• May coordinate closing and funding of assigned loan packages, including calculating final closing costs and disbursing funds.

Benefits

• Healthcare, including medical, dental, and vision coverage.
• Basic term and optional term life insurance.
• Short-term and long-term disability coverage.
• 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Incentive and recognition programs.
• Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.

What This Job Offers

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