What are the responsibilities and job description for the Loan Documentation Representative position at Atlantic Community Bankers Bank and Careers?
Job Title: Loan Documentation Representative
Atlantic Community Bankers Bank (ACBB) is seeking a dedicated and detail-oriented Loan Documentation Representative to join our Loan team.
About ACBB:
Embark on an exciting journey with Atlantic Community Bankers Bank (ACBB), where we're shaping the future of community banking! At ACBB, our people are at the heart of everything we do. We take pride in offering dynamic correspondent services, including loan participations, Fed Funds transactions, compliance services, settlement solutions, and more—all without competing with our customer banks. Join our passionate team, where employees are trusted, supported, and encouraged to grow, and help us deliver innovative solutions to community banks and financial institutions nationwide.
Position Summary:
The Loan Documentation Representative provides support in managing loan documentation risk by administering an assigned loan portfolio and assisting with post-closing loan documentation activities. This role coordinates work within the department and with other internal units, maintains documentation and tracking systems, and responds to internal and external inquiries in accordance with established procedures.
Key Responsibilities:
- Assist in managing loan documentation risk and administering an assigned loan portfolio
- Prepare loan documentation files following loan closings
- Support post-closing loan documentation reviews for completeness and accuracy, including signatures, missing documents, financial covenants, and key loan data
- Complete post-closing checklists and track outstanding documentation
- Enter and update critical loan data and tickler dates within the document imaging system (DIS)
- Obtain outstanding documentation from lead banks and support coordination efforts
- Process paid loan files, delete ticklers, and manage files in accordance with retention procedures
- Prepare files for potential sub-participation banks
- Follow established procedures for destroying inactive or withdrawn loan files
- Assist with quarterly stock letter preparation, stock log updates, and safekeeping of stock certificates
- Perform special projects and related duties as assigned
Qualifications & Experience:
Required:
- High school diploma or equivalent, with emphasis in business coursework
- Proficient reading, writing, grammar, and mathematics skills
- Moderate interpersonal and communication skills
- Ability to perform tasks requiring visual and auditory attention
- Ability to work independently and collaboratively in a team environment
Preferred:
- Specialized bank lending education or training.
- A minimum of two (2) years of experience in related positions
Benefits of Joining Us:
- Competitive compensation package
- Comprehensive benefits package
- 401(K) with employer match
- Generous Paid Time Off (PTO) policy and 11 paid holidays
- Tuition reimbursement
- Birthday holiday and additional unique benefits
- Employee Assistance Program
- Flexibility with Purpose — Hybrid roles, in-office connection.
- Performance bonus opportunities
Job Type: Full Time
Pay: $44,000 - $50,000 per year.
Compensation is commensurate with experience and qualifications.
Join us at ACBB and be part of a team that's shaping the future of community banking! We look forward to welcoming you to our dynamic and collaborative work environment.
ACBB is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic.
Salary : $44,000 - $50,000