What are the responsibilities and job description for the Document Preparation / Universal Loan Associate position at Chesapeake Bank?
Overview
Chesapeake Bank-
Want to build a successful career with a financial institution that excels in the industry and has “fun” as one of its corporate values? Our team has high levels of employee engagement, proven in yearly external engagement surveys that rank us in the top 200 banks for multiple years running. We offer competitive benefit plans and have high levels of job satisfaction. Chesapeake puts an emphasis on knowing that we are only as strong as the communities we serve, therefore we contribute service hours and money to our local communities.
Talk to us about a career that makes you want to get up and come to work, have fun and make a difference.
Want to read more about why you should join the team, click the link below:
Top 10 Reason You Should Explore a Career with Chesapeake Bank
Summary:Performs a variety of clerical duties related to the processing administration and closing of Commercial, and Consumer non-real estate loans.
Responsibilities
- Prepare and proofread new, modification and renewal documentation
- Analyze incoming loan requests for items needed to produce documents
- Ensures accuracy of data within On-Board Loans software to include loan type selection, coding, HMDA, etc.
- Understands the legal and procedural requirements of each loan type and the corresponding processing/underwriting requirements thereof.
- Captures FHLB documentation and information for investment purposes
- Maintains procedural documentation of relevant tasks/responsibilities.
- Prioritizes work according to necessity, complexity and deadlines.
- Participation loans-processing in-coming loan entries and updating spreadsheets.
- Process in coming wires for payments/payoffs
- Process tickets for payoff
- QC and filing of scanned documentations.
- Continuations of UCC
- Securing of collateral
- Ensuring that all final Title insurance policies are received.
- Review and uploading of insurance policies to our insurance tracking company.
- Maintains Collateral Documentation tracking and exception report.
- Daily Balancing Loan Advance
- Maintains procedural documentation of relevant tasks/responsibilities.
- Prioritizes work according to necessity, complexity and deadlines.
- Attend regular trainings/seminars both inside and outside the bank, as needed.
- Maintain strict confidentiality in processing customers' records and files.
- Understand your role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes.
Requirements
- Combination of education and experience equivalent to a high school diploma and minimum one-year customer service related work experience. Experience in banking and/or loan processing is preferred.
- Skill in areas related to computer operation/use - personal computers and software, including strong working knowledge and demonstrated use of spreadsheet, word processing, Internet, and banking computer software (MS Word and Excel software experience is preferred); customer service - providing excellent customer service to both the internal and the external customer. Able to lift at least 15 pounds
- Understand your role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes.
- Ability to pay attention to detail and to proofread documents accurately and make corrections; follow written and oral instructions.