Commercial Loan Closings Specialist

First Community Bank; Columbia (SC); On-site; USD 52,000 - 66,000; Full time

Job summary

First Community Bank in Columbia, SC is seeking a detail-oriented loan documents specialist to prepare loan packages from loan worksheets and commitment letters. The role involves ordering appraisals, ensuring insurance coverage, and handling external documents to support loan closures.

You will collaborate with commercial and retail bankers to resolve documentation issues and maintain strong customer service while following lending policies and regulatory guidelines.

Qualifications

• Prepare loan documentation accurately based on loan worksheets and commitment letters.
• Order and review appraisals and insurance coverage for loans.
• Order and/or complete external documents (e.g., flood, Census Tract, Secretary of State).
• Maintain compliance with lending policies and regulatory requirements.

Responsibilities

• Demonstrate proficiency in analyzing and interpreting loan requests and documents of varying complexity.
• Interpret and apply bank policies such as loan-to-value ratio and appraisal criteria to loans.
• Order and review loan documentation and notify bankers of issues.
• Assist bankers with clearing collateral and financial statement exceptions.
• Prepare system-generated loan documents based on information from bankers.
• Prepare month end reports for commercial bankers using system data.
• Stay abreast of regulatory and compliance issues impacting credit decisions and loan documentation.

Skills

Loan documentation analysis

Customer service

Attention to detail

Problem solving

Team collaboration

Education

5 years loan processing experience

Job description

First Community Bank in Columbia, SC is seeking a detail-oriented loan documents specialist to prepare loan packages from loan worksheets and commitment letters. The role involves ordering appraisals, ensuring insurance coverage, and handling external documents to support loan closures.

You will collaborate with commercial and retail bankers to resolve documentation issues and maintain strong customer service while following lending policies and regulatory guidelines.