Summary
The Loan Documentation Specialist prepares loan documents, performs complex ancillary documentation duties, reviews prepared loan files for imaging and performs scanning functions using imaging software.
Primary Responsibilities
- Review and analyze Credit Approval to determine appropriate due diligence necessary to document loans
- Prepare documentation evidence of contractual obligations between the bank and customers as pertaining to credit issuance by the bank. Such documents include but are not limited to those that evidence signing authorities, obligations to lend and repay, and collateral positions
- Ensure documentation input accurately satisfies credit approval requirements of associated loans
- Perform research and discuss loans with branch and department team members with confidence and knowledge
- Review entity documentation to understand business structure and authorized signers
- Assist in reviewing loan documents for accuracy and conformity to Bank policy
- Assist with preparing various loan files for imaging
- Order necessary information for documentation such as flood certifications, UCC filings, corporate searches, etc.
- Comply with all applicable Banking compliance rules and regulations established by both internal departments and external agencies
Education and/or Experience:
- High school diploma or general education degree (GED); and/or
- 1-2 years related experience and/or training; or equivalent combination of education and experience
- Should be proficient with Microsoft Word, Excel, and Outlook
- Experience with Laser Pro loan documentation software a plus
Competencies:
- Accuracy and Thoroughness – strong attention to detail, meet productivity standards and strive to increase productivity
- Analytical Skills – ability to think critically; analyze and solve problems
- Collaboration – ability to work well with other departments and individuals, maintaining communication needed to keep the workflow going
- Communication – speak and write clearly and persuasively in all situations; listen, get clarification, and respond well to questions
- Judgment and Discretion – maintain confidentiality of sensitive information
- Dependability – follow instructions and respond to management direction; take responsibility for own actions
- Initiative – willingness and demonstration of professional development and continual learning; strive to continuously build knowledge and skills and share expertise with others
- Customer Service – manage difficult or emotional customer situations, respond promptly to customer needs and requests for service and assistance
- Attendance/Punctuality – consistently at work and on time, ensure work responsibilities are covered when absent and arrive at meetings and appointments on time
Why You Should Apply
- Full-time position with excellent compensation and benefits package
- Generous time off programs
- Bonus program
- Profit-sharing
- Discounted stock purchase program
- Excellent growth and development opportunities
- And much more!
Pay Range (Hourly): $20-$25/hour
The purpose of this job description is to provide a summary of duties related to the position. It is not intended to be all-inclusive. The employee will perform other reasonable business duties as assigned by supervisor or other management.
First Northern Bank does not discriminate based on race, color, religions, sex, gender identity, age, national origin, marital status, pregnancy, disability, or any other protected status.
The duties outlined in this description are subject to modification or change by the organization, at any time, with or without notice.