Loan Document Specialist

Unitas Consulting LLC; Francisville, Northern (KY, KY); Hybrid; USD 38,000 - 60,000; Full time

Benefits offered by this job

401(k)

Dental insurance

Health insurance

Life insurance

Paid time off

Retirement plan

Vision insurance

Job summary

The Bank of St. Francisville is seeking a Loan Document Specialist to join the Lending team in St Francisville.

This position focuses on supporting loan operations, maintaining compliance, and coordinating documentation for timely closings. Responsibilities include preparing loan documentation, pulling credit data, and ensuring accurate customer information across core systems, with regular disclosures and close collaboration with borrowers, attorneys, and title companies.

Qualifications

• Proficiency in loan documentation procedures and regulations.
• Excellent organizational skills and ability to multi-task under tight deadlines.
• Detail-oriented with analytical approach to work.
• Strong communication with internal and external customers.
• Familiarity with title work and regulatory requirements.

Responsibilities

• Prepare and manage all loan documentation accurately.
• Pull credit bureau data for loan officers to aid in loan assessments.
• Schedule loan closings with borrower, officer, and title company or attorney.
• Initiate all funding for loan closings.
• Provide disclosures to borrowers within regulatory timeframe.
• Communicate with borrowers to collect needed documentation.
• Manage title work requests and follow up on required documentation.
• Maintain compliance with BSA and bank policies.
• Provide back-up for loan operations as needed.

Skills

Organizational skills

Communication skills

Attention to detail

Teamwork

Education

High school diploma or GED

Tools

Microsoft Office

Bank systems

Job description

Loan Document Specialist

Department: Lending

Employment Type: Full Time

Location: St Francisville

Description

We are seeking a Loan Document Specialist to join the growing team at the Bank of St. Francisville. The Loan Documentation Specialist is responsible for supporting Loan Operations in ensuring department activities run smoothly and efficiently, providing assistance or backup within the department as required, assisting in special projects, and performing all duties related to loan documentation.

The Loan Documentation Specialist is also responsible for overseeing all loan files assigned to them to ensure that the file progresses to closing timely while meeting all compliance and policy requirements. The Loan Documentation Specialist must maintain a high level of communication throughout the department and with the borrowers, attorneys, and title companies involved in their loans. The Loan Documentation Specialist is expected to maintain a high level of knowledge of all regulations that affect Personal, Real Estate, and Commercial loans to ensure compliance.

Key Responsibilities

• Prepare and manage all loan documentation accurately.
• Pull credit bureau data for loan officers to aid in loan assessments.
• Work with lending staff to ensure customer information is up to date in core system.
• Run flood determinations to assess flood risks and determine necessary insurance.
• Submit appraisal requests to determine property values for real estate loans.
• Manage title work requests and follow up on required documentation.
• Provide disclosures to borrowers within the timeframe allowed by regulation.
• Communicate with borrowers to collect needed documentation.
• Schedule loan closings with borrower, officer, and title company or attorney.
• Initiate all funding for loan closings.
• Responsible for clearing any exceptions with your work.
• Provide telephone support to assist customers with inquiries, process transfers, and manage one-time ACH loan payments.
• Responsible for processing incoming and outgoing mail once per week and for alternating lock up days weekly.
• Provide cross-functional support and departmental back up for loan operations as needed.
• Complete annual, quarterly, and/or as needed training, including BSA, to ensure compliance with all regulatory requirements and Bank policies.
• Maintain the highest level of professionalism and team support while exhibiting BSF Core Values.
• Perform additional tasks as assigned.

Skills, Knowledge and Expertise

• High school diploma or (GED) required
• One to three years of banking experience
• Proficiency in loan documentation procedures and regulations.
• Excellent organizational skills with the ability to manage and prioritize multiple tasks and work within tight deadlines, while maintaining disciplined focus on Bank goals and measurable objectives.
• Detail-oriented and analytical approach to work
• Excellent communication skills through email, phone, in-person, and virtually with both internal and external customers.
• Knowledge of industry specific regulatory requirements impacting the Bank and loan process.
• Familiarity with title work and related legal documentation.
• Flexibility to adapt to changing regulatory and policy landscapes. Proven ability to work effectively as part of a team.
• Ability to use office machinery with strong computer skills and software management with proficiency in the use of Microsoft Suite and other Bank systems.

Benefits

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance