Loan Documentation Specialist

U.S. Bancorp India; Chennai; On-site; INR 600,000 - 900,000; Full time

Job summary

U.S. Bancorp India is seeking a Loan Processing professional to accurately process and board commercial loan transactions into AFS, ensuring compliance with established SLAs and correct loan terms.

The role emphasizes quality control, audit-ready documentation, and collaboration with business lines to resolve gaps and manage workflow to meet productivity targets.

Qualifications

• 2–3 years of relevant experience processing commercial loan documents.
• Strong attention to detail and data accuracy in loan terms.
• Analytical mindset with audit/compliance focus.

Responsibilities

• Process and board commercial loan transactions into AFS within SLAs by validating documents.
• Perform quality control reviews to identify errors and ensure audit-ready documentation.
• Collaborate with stakeholders to resolve gaps and manage workflow to meet targets.

Skills

Microsoft Suite proficient

Commercial loan documentation

Attention to detail

Tools

AFS

CLW

Document repositories

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 -https://careers.usbank.com/global/en/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.