Consumer Lending Specialist

SIMON; Little Rock (AR); On-site; USD 42,000 - 60,000; Full time

Job summary

Simmons First National Corporation in Little Rock, AR is seeking a Consumer Lending Specialist to prepare and process regulatory disclosures for real estate loan transactions, ensuring closings comply with bank guidelines.

You will coordinate with lenders, underwriters and external vendors to assemble required loan documents, review due diligence, and prepare disclosures and Closing Disclosures accurately and on time.

Qualifications

• High school diploma or equivalent required; 2–4 years of related experience.
• Ability to read and interpret financial and legal documents.
• Ability to write routine reports and business correspondence.

Responsibilities

• Prepare TRID Loan Estimate and other Early Disclosures for consumer real estate loans.
• Order due diligence for consumer real estate loan products.
• Review necessary due diligence for all consumer real estate loan products.
• Coordinate with lender and underwriter; prepare Closing Disclosure and other loan documents.
• Check data programs for accuracy and completeness of information.
• Coordinate with outside vendors, attorneys, title agencies, insurance agents and others per loan policy.
• Ensure compliance with laws, regulations, policies and required training.
• Respond to loan originator and underwriter questions; escalate issues as needed.
• Perform other duties as assigned.

Skills

Reading comprehension

Financial document analysis

Written communication

Customer service

Time management

Education

High school diploma or equivalent

2–4 years related experience

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

• Certificates, Licenses, Registrations

• Other Qualifications (including physical requirements)

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

Other

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.

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.