Loan Documentation Specialist

Loan Documentation Specialist Iron Bison Talen Partners Oklahoma City, OK Job Details Full-time $25.00 - $29.09 an hour 4 hours ago Benefits Health insurance Dental insurance 401(k) Paid time off Vision insurance Qualifications Closing coordination High school diploma or GED Bachelor's degree Real estate documentation review Banking Full Job Description SUMMARY Supports Commercial and Retail Banking Teams through timely and accurate preparation of commercial, real estate, and consumer loan documents, both simple and complex. Has thorough understanding of most types of loans and other related requirements and can independently act to meet those requirements. Gathers, compiles, and evaluates information, as well as obtains documents necessary for timely completion of a loan. Works under minimal supervision while supporting the Commercial and Retail Banking functions. Has a thorough understanding of regulatory requirements and legal requirements for all bank markets.

PRIMARY DUTIES/RESPONSIBILITIES

This list includes the current primary responsibilities of this position. It is not intended to be all-inclusive and is subject to change, as needed, for the purpose of operational efficiency. Represents the bank in a positive, courteous, friendly, and professional manner, including telephone, email, and other methods of communicating. Gathers, and evaluates information from loan clients, title companies, and other parties, such as tax returns, collateral information, financial documents, etc. Responsible for creating commercial, real estate, and consumer loan promissory notes, loan agreements and all other types of documents in accordance with the terms and conditions of credit policy and approval and in compliance with local, state, and federal regulatory requirements. Responsible for security of loan documents, including the perfection of the Bank's interest in collateral and protection of documents which represent the Bank's security interest (i.e. security agreements, recorded deeds, vehicle titles, UCC-1 forms, etc.) Responsible for ensuring that loan document packages are complete and ready for funding and boarding including coordination with title and/or escrow companies for closing. Responsible for meeting service level guarantees for provision of loan documents based on scheduled loan closings. Communicates and coordinates with bank colleagues to collect additional information needed to prepare loan documents. Responsible for timely and accurate booking and funding of loans. Performs a pre- and post-documentation review of loan documentation. Responsible for requesting title work, appraisals, and flood determinations for real estate secured loans Responsible for requesting new credit card requests as well as increases to credit cards for consumer and commercial clients. Prepares general correspondence and all types of commercial, real estate, and consumer loan documents Responsible for payment of loan related invoices. Completes special projects as assigned by Loan Operations Management. Performs other related duties as assigned.

QUALIFICATIONS EXPERIENCE REQUIREMENTS

One year of loan documentation and/or three years of loan operations experience is preferred. An equivalent combination of education and/or experience may be substituted for the stated qualifications.

EDUCATION REQUIREMENTS

High school degree or equivalent required. Bachelor's degree preferred.

Pay:

$25.00 - $29.09 per hour

Benefits:

401(k) Dental insurance Health insurance Paid time off Vision insurance

Work Location:

In person