Loan Documentation Spec

US Bank; Chennai; On-site; INR 500,000 - 750,000; Full time

Job summary

U.S. Bancorp India is recruiting for a loan processing associate to handle final, executed loan documents and bookings. You will enter terms, pricing, dates, and setup information into the AFSystem based on documentation and ensure alignment with legal paperwork.

The role requires attention to detail, knowledge of commercial loan products, and the ability to work within SLAs while maintaining audit-ready documentation.

Qualifications

• 2–3 years of relevant experience in loan processing or documentation.
• Familiarity with commercial loan documents and systems.
• Ability to maintain audit-ready records and comply with policies.

Responsibilities

• Process and board commercial loan transactions into the system within SLAs.
• Perform quality control to fix errors and ensure audit traceability.
• Collaborate with stakeholders to resolve gaps and ensure accurate loan setups.

Skills

Microsoft Suite

Commercial loan knowledge

Attention to detail

Documentation control

Job description

At U.S. Bancorp India, we're on a journey to do our best. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bancorp India gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

Processing final, executed loan documents and booking requests received from the business line through Commercial Loan Workflow (CLW) or supporting systems.

Loan terms, pricing, dates, and setup information are entered into the Automated Financial System (AFS) based on the executed documentation.

Role Responsibilities

• Responsible for accurately processing and boarding commercial loan transactions (including new loans, renewals, and amendments) into AFS within established SLAs by reviewing executed loan documentation, validating key loan terms (such as loan amount, maturity date, interest rate, payment structure, borrower information, and fees), and ensuring all system inputs align with legal documents.
• Performing quality control reviews to identify and correct errors, distinguish between banker and processing errors, and support a 100% quality review process prior to downstream handoffs; maintaining compliance with internal policies, regulatory requirements, and audit standards while ensuring complete and audit-ready documentation.
• Partnering with business line stakeholders and internal operations teams to resolve documentation gaps, discrepancies, and NIGO conditions; managing workflow intake and prioritization to meet productivity, quality, and turnaround expectations; and producing accurate loan setups, corrected transactions, and documented work packets that enable downstream servicing, collateral, and post-close processes.

Competencies

• Requires strong attention to detail and accuracy to interpret complex loan documentation and ensure precise system data entry; working knowledge of commercial lending products, loan structures, and financial terms.
• Analytical and problem-solving skills to identify discrepancies and resolve data or documentation issues; quality control discipline and risk awareness to meet audit, compliance, and regulatory standards; time management and productivity skills to prioritize workload and meet SLAs.
• Effective communication and collaboration skills to engage with business lines, operations partners, and downstream teams; technical proficiency in systems such as AFS, CLW, and document repositories; and accountability and ownership to ensure end-to-end completion of work with minimal downstream defects and full audit traceability.

Skills

• Microsoft Suite proficient.
• Commercial loan documentation knowledge, strong attention to detail and accuracy, risk awareness and control discipline, process and procedure adherence, productivity and time management, system proficiency, communication and collaboration skills, coachable.

Yrs of exp - 2- 3 yrs of relevant yrs

Shift Timing - 9 to 6 PM IST

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants .

Posting may be closed earlier due to high volume of applicants.

This is an U.S. Bancorp India posting. U.S. Bancorp India is a part of the U.S. Bank family.