Consumer Lending Specialist

Simmons Bank; Little Rock (AR); On-site; USD 42,000 - 56,000; Full time

Job summary

The Consumer Lending Specialist at Simmons Bank prepares and processes regulatory disclosures and documentation for consumer real estate loan transactions to ensure they close in conformance with all regulatory and bank guidelines.

Key duties include creating TRID Loan Estimates, coordinating with lenders, underwriters, and title professionals, and ensuring data accuracy across systems while maintaining high standards of compliance and customer service.

Qualifications

• High school diploma or its equivalent is required.
• Two to four years of work-related experience or on-the-job training.
• Knowledge of loan products offered by the bank.

Responsibilities

• Prepare TRID Loan Estimate and Early Disclosures for consumer real estate loans.
• Order due diligence for consumer real estate loan products.
• Coordinate with lender and underwriter to prepare Closing Disclosure and loan documents.
• Ensure data accuracy and completeness across systems.
• Coordinate with title agencies, attorneys, and others to obtain required information.
• Ensure compliance with applicable laws and bank policies.

Skills

Communication

Time Management

Customer Service

Critical Thinking

Problem Solving

Education

High school diploma or equivalent

Tools

MS Office

Jack Henry Platform

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. The Consumer Lending Specialist prepares and processes regulatory disclosures and documentation for consumer real estate loan transactions to ensure they are closed in conformance with all regulatory and bank guidelines.

Essential Duties and Responsibilities

• Responsible for preparing TRID Loan Estimate and other Early Disclosures for consumer real estate loans
• Responsible for ordering all necessary due diligence required for all consumer real estate loan products
• Responsible for reviewing and understanding all necessary due diligence required for all consumer real estate loan products.
• Responsible for coordinating with lender, underwriter, and for preparing Closing Disclosure and other required loan documents for consumer real estate secured loan closings.
• Check appropriate data programs for accuracy and completeness of information
• Coordinate with outside vendors, attorneys, title agencies, insurance agents and others to obtain required information and documentation in accordance with loan policy and federal regulations.
• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Respond to loan originator and underwriter questions, recognizing issues that require escalation to management
• Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

• Ability to read and comprehend simple instructions, short correspondence and memoranda.
• Ability to read, analyze and interpret financial reports and/or legal documents.
• Ability to write routine reports and business correspondence.
• Ability to respond in writing to customer complaints, regulatory agencies or members of the business community.
• Ability to work quickly and efficiently to ensure loans are processed within the required timeframe.

Education and/or Experience

High school diploma or its equivalent is required, and Two to four years of work-related experience, on-the-job training, and/or vocational training.

Computer Skills

MS Office programs Jack Henry Platform

Other Qualifications (including physical requirements)

Knowledge of the requirements and features of loan products offered by the bank.

Skills Training

• Communication
• Time Management
• Customer Service
• Critical Thinking
• Problem Solving

Equal Employment Opportunity Information

Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.

Since 1903, we’ve been putting people first by making a commitment to you.

Simmons Bank is the subsidiary bank for Simmons First National Corporation (NASDAQ: SFNC), a publicly traded bank holding company headquartered in Arkansas. Founded as a community bank, Simmons Bank has grown steadily to its current size of $28 billion in assets, with more than 3,000 associates located in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Our growth has led to some amazing career opportunities, while our dynamic culture has been recognized by publications across our footprint. Parallel to our growth, Simmons Bank’s community roots run deep – these are felt in the ways we seek to go the extra mile for our customers and communities through exceptional service and volunteerism, and in the strong career growth opportunities and wellness programs we offer associates. Our team is characterized by collaboration, integrity and passion for all we do, high performance, and a commitment to personal and professional growth.