Loan Administrative Assistant I

Sovereign Bank; Oklahoma City (OK); On-site; USD 55,000 - 65,000; Full time

Job summary

Sovereign Bank in Oklahoma City, OK, is hiring a Loan Administrative Assistant I to prepare and verify loan documents for timely closings, ensuring accuracy and regulatory compliance.

The role requires a Bachelor’s degree and 1–3 years in banking, with strong organizational and communication skills. Full-time position with standard bank benefits and Equal Opportunity employment.

Qualifications

• Bachelor’s degree in business administration, management, or related field.
• 1–3 years in banking or loan processing is preferred.
• Strong organizational and communication skills required.

Responsibilities

• Verifies, compiles and types loan information for applications.
• Assemble information for the doc prep department and verify accuracy of loan documents.
• Coordinate loan closings and ensure completeness of documents (dates, signatures, etc.).
• Assist in managing customer NSFs and past dues.
• Process loan payments and fund new loans.
• Maintain new and renewed loan files in compliance with policy and regulations.
• Respond to loan processing inquiries and support other departments as needed.

Skills

Strong organizational skills

Interpersonal skills

Meet deadlines

Multitask and prioritize

Education

Bachelor’s degree

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Loan Administrative Assistant I

Full Time Admin Support Oklahoma City, OK, US

2 days ago Requisition ID: 1047

Salary Range: $55,000.00 To $65,000.00 Annually

Summary of position:

The Loan Administrative Assistant I is responsible for the preparation and accurate completion of loan documents prior to loan closing. This position obtains the necessary information and requirements for preparing loan documents and is responsible for assembling and verifying the accuracy of loan documentation, ensuring the loan requests meet all compliance and legal guidelines to ensure timely closing of the loan as well as checking documents for proper vesting, legal descriptions, closing dates and signatures.

Key job functions: (Includes current duties, primary objectives, and responsibilities which are critical to the successful performance of the position)

• Verifies, compiles and types application information for loans.


• Assemble information for the doc prep department and verify the accuracy of loan documents


• Coordinate loan closings & ensure completeness of loan documents including dates, signatures etc.


• Assist in managing customer NSFs, Past Dues


• Make loan payments and fund new loans


• Manage exceptions ensuring the timeliness of their removal


• Order all 3 rd party Reports needed for the loan including; flood, title, credit report, UCC search, Surveys, Appraisals etc.


• Maintains new and renewed loan files, ensuring they are compliant with the bank’s loan policy and banking regulations


• Act as the bank contact for a variety of customer needs and develop a general knowledge of other departments to be able to assist with basic requests.


• Answers telephone inquiries and written inquiries concerning loan processing and requested information.


• Completes quarterly regulatory training in a timely manner


• Other duties as assigned

Qualifications:

• Strong organizational and interpersonal skills


• Ability to meet deadlines


• Ability to multitask and prioritize

Education and Experience:

• Bachelor’s degree in business administration, management, or related field, preferred.


• Previous experience in banking with 1-3 years in loan processing or loan servicing, preferred

Physical Demands: These physical demands are generally representative of the position.

• Hearing, speech, close vision


• Driving with own transportation to other branches for meetings/workshops


• On occasions, may be required to lift and/or move up to 25 pounds


• Job responsibilities may include standing, walking, lifting, kneeling, and crouching

Sovereign Bank is an Equal Opportunity Employer
NOTE: Sovereign Bank does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Sovereign Bank, and Sovereign Bank will not be obligated to pay a placement fee.