Loan Documentation & Closing Specialist I

Openbank Deutschland AG; Oklahoma City (OK); On-site; USD 55,000 - 65,000; Full time

Job summary

Sovereign Bank in Oklahoma City, OK is seeking a Loan Administrative Assistant I to prepare and accurately complete loan documents prior to loan closing. This role gathers the information needed and ensures documents comply with legal guidelines for timely closings.

Responsibilities include verifying loan applications, coordinating closings, handling NSFs and past dues, processing loan payments, ordering third‑party reports, maintaining files, and serving as a bank contact for customer requests.

Qualifications

• Strong organizational and interpersonal skills.
• Ability to meet deadlines.
• Ability to multitask and prioritize.

Responsibilities

• 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

Skills

Strong organizational skills

Meet deadlines

Multitask and prioritize

Education

Bachelor's degree in business administration, management, or related field

1-3 years banking loan processing/loan servicing

Job description

Sovereign Bank in Oklahoma City, OK is seeking a Loan Administrative Assistant I to prepare and accurately complete loan documents prior to loan closing. This role gathers the information needed and ensures documents comply with legal guidelines for timely closings.

Responsibilities include verifying loan applications, coordinating closings, handling NSFs and past dues, processing loan payments, ordering third‑party reports, maintaining files, and serving as a bank contact for customer requests.