Specialist II - Loan Documentation & Processing

Atlantic Union Bank•Richmond, VA

11d•$47,000 - $79,900•Onsite

About The Position

Loan Documentation is responsible for preparing, reviewing, and maintaining the documentation required to support accurate, compliant, and timely loan origination and servicing activities. Loan Documentation and Processing activities may include entering customer payments into the computer to ensure proper documentation, regulatory compliance, and company policies, posting loan payments to accounts, encoding and endorsing checks and helping prepare bank deposits, reviewing remittances for discrepancies, and submitting correspondence to appropriate departments. This role requires basic knowledge of job procedures & tools obtained through work experience and may require vocational or technical education. Responsibilities typically include working under moderate supervision, handling routine problems that may at times require interpretation or deviation from standard procedures, and communicating information that requires some explanation or interpretation.

Requirements

Typically requires 2+ years relevant experience
May require vocational or technical training

Responsibilities

Drafting and validating loan documents
Verifying collateral and supporting information
Ensuring required disclosures and regulatory elements are included
Coordinating with internal partners to resolve documentation discrepancies
Enters customer payments into the computer to ensure proper documentation, regulatory compliance, and company policies.
Posts loan payments to accounts.
Encodes and endorses checks and helps prepare bank deposits.
Reviews remittances for discrepancies.
Submits correspondence to appropriate departments.
Other duties as assigned.