Loan Documentation Specialist- Post Loan Closing - Owensboro, KY

Independence Bank • Owensboro, KY

13d • Onsite

About The Position

The Loan Documentation Specialist performs a quality review on all loan types, ensuring they are legal and compliant with Agency and government guidelines, policies and procedures, and applicable Federal and state laws, rules, and regulations. This role focuses on post-loan closing documentation review.

Requirements

• High School or GED
• Oral and written communication skills
• Detail oriented
• Ability to multi-task
• Computer skills
• Organizational skills
• Clerical and administrative skills
• Ability to work as a part of a team
• Time management skills
• Ability to lift up to 10 pounds

Nice To Haves

• Loan and/or HMDA experience preferred

Responsibilities

• Reviews new and renewed commercial, consumer, mortgage, and Home Equity Line of Credit (HELOC) loans for legal and regulatory compliance with emphasis on the Home Mortgage Disclosure Act (HMDA), creating exceptions for missing or incorrect documents.
• Reviews non-originated commercial, consumer, mortgage, and HELOC applications, ensuring compliance with Equal Credit Opportunity Regulation B (REG B) and HMDA.
• Reviews exception items when presented, ensuring they meet the requirements for clearing the exception.
• Ensures loan documents are retained in accordance with regulatory requirements and bank policies.
• Maintains communication with internal employees, including lending staff and operations.

What This Job Offers

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