Senior Loan Documentation Specialist-Harrisburg or Pottsville,PA

Mid Penn Bancorp Inc. • Harrisburg, PA

8h

About The Position

A great banking experience starts with a great team! Mid Penn Bank is now hiring a Senior Loan Documentation Specialist. Position can be located in Harrisburg or Pottsville, PA

We believe that our ongoing success depends upon a skilled, satisfied and valued work force. As a member of our team, you can expect opportunities to develop your skills to help you excel in your role and achieve your professional career goals. We offer a comprehensive range of flexible benefits to support your personal and financial well-being. Our inclusive culture encourages all employees to share ideas, collaborate, and contribute to the values that make us a winning team for our customers, shareholders, and communities.

Position Overview

The Senior Loan Documentation Specialist supports the commercial lending department by preparing, reviewing, and ensuring the accuracy and completeness of all loan documentation in accordance with internal policies, regulatory requirements, and loan approval terms. This role plays a critical part in the loan process by mitigating risk, maintaining data integrity, and ensuring a smooth loan closing and booking experience for customers and internal stakeholders. This individual supports complex commercial lending transactions and works closely with lenders, credit administration, attorneys, and closing agents to ensure timely and accurate loan closings while fully delivering on the organization’s Unwavering Service Standards. The Senior Loan Documentation Specialist demonstrates advanced knowledge of commercial loan structures and the ability to interpret and work with attorney-prepared documentation.

Requirements

• A high school diploma or equivalent with an emphasis in business curriculum. Paralegal Certification, or similar training, is highly preferred.
• A minimum of four (4) years’ related experience and a general understanding of commercial loan products and collateral are normally required.
• Proficiency in reviewing and interpreting attorney-prepared legal documents.
• Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations and communicative skills; strong understanding of commercial loan structures, collateral, and regulatory compliance requirements; above average knowledge of loan documentation, banking operations, and loan servicing; familiarity with loan documentation software, loan origination systems, and banking regulations; strong attention to detail and organizational skills; ability to manage multiple priorities and work under deadlines; ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to finger, handle or feel, and lift items weighing 20 lbs. or less; visual, auditory and speaking skills.

Nice To Haves

• Paralegal Certification, or similar training, is highly preferred.

Responsibilities

• Prepares loan documentation related to loan settlements in accordance with all current government regulations, policies and procedures.
• Reviews all commercial loan files for proper compliance disclosures, signatures, and documentation prior to closing.
• Reviews necessary documents when received from attorney or Title Company for accuracy prior to closing.
• Performs second checks of loan documentation packages, as needed.
• Orders and reviews title work for loans when necessary.
• Issues closing instructions to settlement agent or attorney.
• Prepares loan closing documents for portfolio loans.
• Makes corrections to closing documents and gets corrected documents signed and processed, as necessary, and in a timely manner.
• Provides guidance and mentoring to less experienced documentation staff related to complex transactions and document standards.
• Monitors documentation pipelines and prioritizes as needed.
• Manages multiple loan files simultaneously, ensuring all conditions and required documents are obtained proactively.
• Maintains an acceptable error rate in loan file reviews while managing a high-volume pipeline.
• Maintains accurate and organized loan files to support audits, quality control reviews, and regulatory examinations.
• Works with attorneys, title companies, etc. to coordinate closings, order surveys, as necessary, and make sure all necessary mortgage documentation is completed and delivered in a timely manner.
• Collaborates with lenders, attorneys, and title companies to resolve documentation discrepancies or issues prior to closing.

Benefits

• Mid Penn Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account, dental and vision insurance; life insurance; 401(k) program with employer match and employee stock purchase plan; paid time off, paid holidays; disability insurance coverage, parental leave; employee assistance program, and tuition reimbursement.
• In addition, all employees are eligible to participate in mentorship programs, receive individualized development and career counseling, and participate in Mid Penn University courses and development programs.

What This Job Offers

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