Loan Services Specialist II, South Bend, IN

1st Source • South Bend, IN

3d • Onsite

About The Position

POSITION SUMMARY Ensures bank policies and procedures, and regulations are adhered to for proper documentation and perfection of the bank's lien prior to funding. Leads the department in LEAN initiatives and job knowledge. ESSENTIAL REQUIREMENTS Works closely with the sales staff and internal departments to document or board all business banking loan closings per the bank’s policies and procedures and federal regulations. Subject matter expert for commercial loans, including for complex transactions and specialty products. Performs due diligence as required on specified loans. Verifies the accuracy and completeness of loan documentation and loan applications. Makes recommendations for procedural changes to increase efficiency and minimize waste. Leads department projects and facilitates LEAN events. Responsible for the completion of all compliance training related to the position. Understands all applicable laws and regulations that apply to the position and complies with the requirements. NON-ESSENTIAL FUNCTIONS Performs all other duties as assigned.

Requirements

• At least three (3) years commercial or consumer loan experience.
• Ability to handle stressful situations with calmness and courtesy.
• Ability to communicate effectively, both orally and in writing.
• Maintain good records and file management skills.
• Ability to handle multiple tasks and frequent interruptions
• High School Diploma/GED required.

Responsibilities

• Works closely with the sales staff and internal departments to document or board all business banking loan closings per the bank’s policies and procedures and federal regulations.
• Subject matter expert for commercial loans, including for complex transactions and specialty products.
• Performs due diligence as required on specified loans.
• Verifies the accuracy and completeness of loan documentation and loan applications.
• Makes recommendations for procedural changes to increase efficiency and minimize waste.
• Leads department projects and facilitates LEAN events.
• Responsible for the completion of all compliance training related to the position.
• Understands all applicable laws and regulations that apply to the position and complies with the requirements.
• Performs all other duties as assigned.

What This Job Offers

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