Loan Operations Specialist - Pre Closing

First Resource Bank•Uwchlan Township, PA

About The Position

First Resource Bank, a community bank headquartered in Exton, Pennsylvania, is seeking a full-time Loan Operations Specialist for pre-closing. The role provides support to the Lending Team by handling pre-closing tasks accurately and efficiently. It requires effective communication with internal and external customers, teamwork in a fast-paced environment, flexibility in managing changing priorities, and compliance with Bank policies and procedures.

Requirements

High school diploma or equivalent.
At least three years of related experience.
Excellent verbal and written communication skills.
Excellent interpersonal and customer service skills.
Strong organizational skills and attention to detail.
Effective time management skills and a proven ability to meet deadlines.
Strong analytical and critical-thinking skills.
Ability to function in a fast-paced and sometimes stressful environment.
Proficiency with HMDA, CRA, and Consumer Lending regulations.
Proficiency with Microsoft Office Suite or related software.

Nice To Haves

Familiarity with SBA.
Familiarity with Jack Henry Core Operating System (Silverlake).
Familiarity with Synergy Digital Storage.
Familiarity with Finastra’s LaserPro.

Responsibilities

Prepare commercial and consumer loan documentation packages for loan closings.
Coordinate the settlement process, from pre-closing communication with title companies through post-closing submission of loan packages to Loan Operations.
Follow up with lenders and customers to clear exceptions, including insurance and missing-document requirements.
Obtain information needed to support lending, including managing appraisal ordering and review and timely ordering and follow-up of real estate searches, UCC searches, credit reports, environmental reports and reviews, and OFAC checks.
Prepare memos for Loan Committee presentations concerning administrative maturity extensions and modifications.
Assist lenders and customers with processing transfers, payments, and draw checks.
Assist Lending and Credit Departments with the monthly maturity report by preparing temporary extensions and annual renewal modifications in accordance with Bank policies.
Prepare the weekly consumer loan rate sheet.
Track and maintain appraiser licenses and insurance.
Review the appraisal log weekly, ensure there are no past-due invoices, and follow up with loan officers for payment collection as needed.
Assist with monthly review and updates to HMDA, CRA, and non-originated loan information for reporting.
Maintain electronic credit files.
Provide additional support for ordering inspections and processing draw requests related to the construction portfolio.