Loan Support Specialist

Vallant Bank • Elberton, GA

1d

About The Position

The Loan Documentation Specialist is responsible for the preparation and follow-up of documents for loan closings within the bank's loan origination systems. They are responsible for ensuring compliance with regulatory requirements and conformance with Bank policies and procedures. They will work closely with the loan officers as well as the Bank’s approved settlement agents, coordinating loan closings and obtaining the necessary documentation needed for the transaction to ensure that the loan package is compliant according to regulatory guidelines and that lien attachment has been properly established. The Loan Processor will work with the loan officers to clear document exceptions both prior to and post-closing. The employee will support the bank's strategic goals, vision, mission, core values, service standards and service philosophy in actions, words and deeds.

Requirements

• High school diploma
• Preferably three or more years (one year minimum) of banking experience, preferably in the area of lending, OR three or more years of experience as an administrative assistant or in a related job.
• Basic knowledge of the bank's products and services.
• Willingness to serve.
• Ability to function efficiently in a network environment.
• Working knowledge of Microsoft Office and SharePoint.
• Ability to function efficiently on a general business level of math.
• General accounting knowledge (i.e. debits, credits, and an understanding of the bank's account reconciliations).
• Ability to project a professional image by adhering to guidelines in the employee handbook.
• Ability to collect, research, and analyze information skillfully.
• Self-starter, creative thinker, flexible, eager, nurturing, open to change and exhibit good judgment.
• Leader by example, attentive to detail, work well with others and be responsive to supervisory guidance.
• Ability to read credit reports and other tools necessary to accomplish position responsibilities.
• Knowledge of how to read financial statements to include the balance sheet, profit & loss statement, and cash flow statement.
• Ability to identify and interpret trends in financial data.
• General knowledge of Generally Accepted Accounting Principles (GAAP) to include understanding the significant differences between Audited, Complied, and Reviewed financial statements.
• Clear understanding of the concepts of working capital (definition, working capital accounts, effect of operating cycle).
• Working knowledge of compliance guidelines for the bank and the industry.

Responsibilities

• Preparation and follow-up of documents for loan closings within the bank's loan origination systems.
• Ensuring compliance with regulatory requirements and conformance with Bank policies and procedures.
• Working closely with loan officers and the Bank’s approved settlement agents.
• Coordinating loan closings and obtaining necessary documentation.
• Ensuring loan packages are compliant according to regulatory guidelines.
• Ensuring lien attachment has been properly established.
• Working with loan officers to clear document exceptions both prior to and post-closing.
• Supporting the bank's strategic goals, vision, mission, core values, service standards and service philosophy.

What This Job Offers

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