What are the responsibilities and job description for the Loan Processing Specialist (73909) position at SouthEast Bank?
Basic Function
Processes loans and prepares loan documents in a centralized environment for all types of consumer and commercial loans. Work may be reviewed by either the Central Processing Manager or a Senior Specialist.
Essential Functions
Processes loans and prepares loan documents in a centralized environment for all types of consumer and commercial loans. Work may be reviewed by either the Central Processing Manager or a Senior Specialist.
Essential Functions
- Responsible for creating and reviewing all documents regarding loan processing:
- Early disclosures
- New loan documentation
- Loan renewal documentation
- Extensions/Modifications
- Collateral amendment form
- Automatic transfer forms
- HMDA data capture
- All other miscellaneous loan forms
- Create all documents needed for a new loan package for Loan Officers, to include ordering title work, flood determinations, and other supporting documentation
- Identify and resolve gaps in approval and final closing terms
- Prepare loan tickets for fees, upload and fund originated loans
- Accurately capture and report loan portfolio information for compliance with managements reporting requirements and objectives
- Support team members in achieving the goals and objectives of the Centralized Processing team
- Strong attention to detail, self-starter, and the ability to learn quickly
- General knowledge of banking regulations
- Ability to read and comprehend bank policies and regulatory guidance, and apply to work situations
- Interpersonal and communication skills to represent the Bank in a positive way in dealing with customers and co-workers and convey information effectively
- Strong organizational skills, exhibiting the ability to multi-task and manage time to ensure timely completion of tasks
- Able to work well under pressure and adapt to process changes and workflow peaks
- Mathematical aptitude
- Basic knowledge of the Banks loan, trust, and investment center products
- Experience with computer technology including, but not limited to, Word, Excel, internet navigation
- Sitting for long periods of time; approximately 8 hours a day with the ability to move around a little.
- Lift 10-20lbs periodically.
- High school diploma or equivalent
- Prior loan processing experience preferred (Level 1)
- Two years minimum loan processing experience (Level 2)
- Five years minimum experience (Level 3)
- Basic knowledge of lending compliance regulations
- Basic knowledge of collateral perfection requirements
- Familiarity with residential loan disclosure requirements preferred
- Maintain up-to-date knowledge of and adhere to all state and federal regulations that pertain to this position including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending.
- Working knowledge of state and federal regulations including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending along with industry best practices that pertain to this position