1 Loan Documentation Specialist Job in Waldorf, MD
Shore United Bank is Hiring a Loan Documentation Specialist Near Waldorf, MD
Shore United Bank is seeking a Loan Documentation Specialist to join our team. A Loan Documentation Specialist is responsible for preparing loan documentation within the loan platform system and reviewing loan documents for compliance, accuracy and completeness. This role will also assist in supporting the lending and credit functions of the bank by obtaining and verifying documentation used in credit underwriting decisions. This position can be located any of the following Maryland offices: Easton, 34th Street Ocean City, Westgate Annapolis, or Waldorf.
Essential Functions
- Perform various duties relative to preparing loan documentation within the loan platform system and reviewing loan closing packages for compliance, accuracy and completeness
- Orders appraisals/evaluations and flood hazard determinations as required and tracks payments from the borrowers for the same
- Accurately prepares all loan documents in accordance with the final approved credit facility
- Working knowledge of the principals of loan documentation and perfection of security interests. Order and reviews title/lien searches to ensure adherence to final approved credit facility
- Follow up with appropriate internal and external customers as necessary to obtain clarification and /or any missing/incomplete data within the timeframes established
- Review of loan documents prior to closing for accuracy, completeness and compliance with laws, regulations, and bank policy
- Schedule loan closings to meet and attempt to exceed our customer's expectations
- Filing, maintenance of various logs, and other administrative duties as assigned
- As it relates to the preparation of commercial loan documentation: working knowledge of commercial loan structure including documentation and real and personal property liens; working knowledge of UCC, real estate laws, banking laws and compliance regulations; a thorough knowledge of the features and benefits of all bank commercial products and services
Position Type/Expected Hours of Work
- This is a full-time, non-exempt position, Monday - Friday
Required Education and Experience
- High school diploma or GED equivalent required.
- Prior experience in a cash handling and customer service role required
Company Benefits:
- Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work
- Comprehensive benefits package including health, dental, vision, short-term and long-term disability, long-term care insurance, company paid life insurance, and much more!
- Paid parental leave
- 401k savings plan with up to a 4% company match
- Employee perks such as: employee banking services, loan discount program, tuition reimbursement, career development program, Employee Assistance Program, and wellness initiatives.
- Opportunity for growth and advancement
- Paid training program and continuous training sessions throughout the year on various topics
- Generous paid time off and paid sick time
- Community involvement opportunities
Shore United Bank is a full-service community bank with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect from a community bank. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you.
In addition to banking, we offer trust and wealth management services through Wye Financial & Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.
Shore United Bank: Good things are happening here. ®
Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.
Job Summary
Full Time
Banking
$49k-63k (estimate)
03/31/2024
05/29/2024
shoreunitedbank.com
EASTON, MD
200 - 500
2002
SCOTT BEATTY
$50M - $200M
Banking
Related Companies
About Shore United Bank
Wye Financial Partners, a division of Shore United Bank, offers comprehensive financial strategies and exceptional service tailored to meet the individual and business needs of our clients. We are built around the character of our people and committed to the success of our clients and our communities. Together, our team of experienced professionals are dedicated to helping our clients navigate toward their financial goals. IMPORTANT DISCLOSURES Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA and SIPC). In...surance products are offered through LPL or its licensed affiliates. Shore United Bank and Wye Financial Partners are not registered as a broker-dealer or investment advisor. Registered representative of LPL offer products and services using Wye Financial Partners and may also be employees of Shore United Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of Shore United Bank or Wye Financial Partners. Securities and insurance offered through LPL or its affiliates are: Not Insured by FDIC or Any Other Government Agency | Not Bank Guaranteed | Not Bank Deposits or Obligations | May Lose Value This communication is strictly intended for individuals residing in the state(s) of AL, AK, AZ, CO, CT, DE, DC, FL, GA, IL, ME, MD, MA, MI, NH, NJ, NY, NC, PA, RI, SC, SD, TX, VA, WA and WV. No offers may be made or accepted from any resident outside the specific states referenced.
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The job skills required for Loan Documentation Specialist include Long Term Care, Customer Service, Life Insurance, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Documentation Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Documentation Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Documentation Specialist positions, which can be used as a reference in future career path planning. As a Loan Documentation Specialist, it can be promoted into senior positions as a Document Control Assistant III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Documentation Specialist. You can explore the career advancement for a Loan Documentation Specialist below and select your interested title to get hiring information.
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