Life Equity Loan Documentation Expert

Busey Bank; Bloomington (IL); On-site; USD 40,000 - 52,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Paid time off

Medical

Dental

Vision

Life insurance

Disability insurance

Wellness incentives

Employee assistance program

Pre-tax health savings accounts

Flexible spending accounts

Job summary

Busey Bank in Bloomington, IL seeks a Life Equity Lending Documentation Specialist to prepare consumer and commercial loan documents in line with approvals, bank policy and regulatory requirements.

You will review submissions, determine required documents, and coordinate with Loan Coordinator and Credit staff to perfect our security interests and lien positions. Strong attention to detail and proficiency with Laser Pro are required.

Qualifications

• Assoc degree in business, finance, accounting or economics preferred; relevant experience may substitute.
• 0-2 years' loan documentation or collateral review experience preferred.
• Proficient with Laser Pro and MS Office.

Responsibilities

• Prepare loan documents in line with loan approval, policy and regulatory requirements.
• Review deal submissions and determine required contents of the final loan package for closing.
• Collaborate with Loan Coordinator, Relationship/Portfolio Manager and Credit on deal structure and documentation.
• Ensure documents comply with CDD, OFAC and USA Patriot Act regulations and security interests.
• Meet service levels and maintain accountability metrics.

Skills

Loan documentation

Regulatory compliance

Communication

Attention to detail

Education

Assoc degree pref.

Tools

Laser Pro

MS Office

Job description

Busey Bank in Bloomington, IL seeks a Life Equity Lending Documentation Specialist to prepare consumer and commercial loan documents in line with approvals, bank policy and regulatory requirements.

You will review submissions, determine required documents, and coordinate with Loan Coordinator and Credit staff to perfect our security interests and lien positions. Strong attention to detail and proficiency with Laser Pro are required.