Loan Closing Specialist — Accuracy & Compliance

Stock Yards Bank & Trust; Louisville (KY); On-site; USD 45,000 - 60,000; Full time

Job summary

Stock Yards Bank & Trust in Louisville is seeking a Loan Closing Processor to support the Loan Operations team. You will prepare and process loan documents, verify collateral, and track CRA/HMDA data while coordinating with lenders and staff to ensure compliance with policy and regulations.

Key duties include reviewing closing packages, answering questions, performing quality reviews, and maintaining pre-closing organization of files.

Qualifications

• Employees are expected to represent Stock Yards Bank & Trust in a professional manner to customers and outside contacts
• Must have excellent interpersonal communication skills, consisting of the ability to write and speak effectively to others
• Must be a productive team player, with the ability to learn, apply training and comprehend policies and procedures
• Be flexible in changing working situations and able to meet deadlines as they arise

Responsibilities

• Prepares and processes all related loan documents with attention to accurately securing all types of collateral by working with Lenders and their support staff to obtain the necessary information to accurately document those loans in compliance with loan policy, credit approvals and regulatory laws
• Tracks CRA and HMDA data on the Bank's documentation software
• Answer questions via telephone or email regarding proper closing procedures, due diligence, etc.
• Performs a closing quality review of loans prepared by employees and other teammates within the department which indicates any missing items or errors via the use of the Bank's Documentation Checklist. This is done with a high level of concentration on preventing and eliminating policy and regulatory documentation exceptions
• Pre-closing organization of electronic loan files, vendor orders and obtaining good standing verifications from applicable Secretary of State for every business / commercial loan documented
• Responsible for continuing education and training via the use of the Bank's computer-based training classes and other classes and seminars as assigned by Department Manager
• reviews legal work from attorneys for Lenders as requested and Flood Certification to ensure compliance
• Performs UCC Searches
• Other duties as assigned

Skills

Typing speed 50 wpm

Interpersonal communication

Team player

Deadline oriented

Customer service mindset

Education

High School Diploma or GED

Tools

Microsoft Word

Excel

Job description

Stock Yards Bank & Trust in Louisville is seeking a Loan Closing Processor to support the Loan Operations team. You will prepare and process loan documents, verify collateral, and track CRA/HMDA data while coordinating with lenders and staff to ensure compliance with policy and regulations.

Key duties include reviewing closing packages, answering questions, performing quality reviews, and maintaining pre-closing organization of files.