What are the responsibilities and job description for the Loan Documentation Specialist position at Virginia National Bank?
PROJECTED HIRING SALARY RANGE: $60,000-$85,000 per year
GENERAL SUMMARY
- Prepares and reviews loan documents necessary for closing commercial, mortgage and consumer loans.
- Coordinates closings with Attorneys and/or Title Companies. Familiar with Title requirements and exceptions to title. Process Construction Loans and oversee construction, inspections, and construction draws.
QUALIFICATIONS (Education and Experience)
- High School Diploma or equivalent
- Preference for three years prior banking experience with emphasis on loan administration
- Comprehensive knowledge of lending regulations
- Working knowledge of loan documents and legal requirements for perfecting various types of collateral
QUALIFICATIONS (Abilities and Skills)
- Capacity to make independent decisions
- Ability to work with minimal supervision
- Ability to maintain confidentiality
- Organized and accurate in work
- Demonstrated initiative
- Ability to prioritize and manage multiple tasks simultaneously and remain cognizant of deadlines and schedules
- Proven record for meeting deadlines
- Exceptional customer service skills and interpersonal savvy
- Ability to work well with customers, staff, attorneys, vendors, and general public
- Proven ability to develop relationships
- Personable and professional manner
- Above average oral, written, and presentation skills
- Ability to communicate effectively with all levels of management
- Experience in a loan documentation software program, preferably LaserPro
- Computer proficiency including Word and Excel
ESSENTIAL JOB RESPONSIBILITIES
- Prepare all documents required for ratification of commercial, mortgage and consumer loans
- Process all loan related documents
- Review Title, Settlement Statements, and other required closing documents
- Oversee and assist Lending Officer and clients with loan closings
- Act as a liaison between VNB and legal representatives of its clients for loan matters
- Ensure collateral is secured in a timely manner
- Ability to comprehend regulatory and bank policy issues when preparing loan documents
- Review Title, Settlement Statements, and other required closing documents
To be considered, forward resume and salary requirements to jobs@vnb.com. Criminal (state and FBI), drug, credit and employment checks will be conducted.
EOE Minorities / Females / Individuals with Disabilities / Protected Veterans
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible schedule
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Application Question(s):
- Do you have at least three years loan administration experience for a banking organization?
- Do you have previous commercial loan processing experience?
- Do you have previous experience with Laser Pro software?
- Are you willing and able to work five days per week (Monday - Friday), in person, in Charlottesville, VA?
- Do you have hands-on working knowledge of loan documents and legal requirements for perfecting various types of collateral?
Education:
- High school or equivalent (Required)
Experience:
- banking loan administration: 3 years (Preferred)
Language:
- English (Required)
Work Location: In person
Salary : $60,000 - $85,000