Loan Documentation Specialist

Express Employment Professionals; Minnetonka (MN); On-site; USD 36,000 - 60,000; Full time

Job summary

Express Employment Professionals in Minnetonka, MN is seeking a Loan Documentation Specialist for a temp-to-hire role. You will process credit applications, analyze credit information, and verify that all loan documents are accurate and compliant.

The ideal candidate has underwriting or loan processing experience, can review business financial statements, and demonstrates excellent verbal and written communication, high attention to detail, and strong time management to meet deadlines.

Qualifications

• Bachelor’s degree in business or related field, or 3 years of lending/loan experience.
• Experience reviewing business financial statements incl. tax returns.
• Strong underwriting or loan processing knowledge.
• Excellent verbal, written, and interpersonal skills.
• High attention to detail and accuracy.

Responsibilities

• Process credit applications and analyze credit/account information.
• Quality assurance and verifying accuracy of customer information.
• Ensures that all loan documentation is accurate and in compliance.
• Identifies documentation loan level conditions/exceptions and assists with determining resolutions and potential solutions with underwriting.
• Ensures closing file is compliant with internal requirements.
• Serves as a point of contact for all escalated items related to the department.
• Ensures all appropriate turn times and service levels are met relative to documentation received.

Skills

Underwriting

Loan processing

Attention to detail

Communication skills

Time management

Vendor relations

Education

Bachelor's degree in business

Job description

Loan Documentation Specialist
Minnetonka, MN
Temp-to-Hire
Up to $60,000
Monday – Friday 8:00 am - 5:00 pm

Job Duties:

• Processing credit applications and analyzing credit/account information.
• Quality assurance and verifying accuracy of customer information.
• Ensures that all loan documentation is accurate and in compliance.
• Identifies documentation loan level conditions/exceptions and assists with determining resolutions and potential solutions with underwriting.
• Ensures closing file is compliant with internal requirements.
• Serves as a point of contact for all escalated items related to the department.
• Ensures all appropriate turn times and service levels are met relative to documentation received.

QUALIFICATION REQUIREMENTS:

• Demonstrates a strong understanding of underwriting or loan processing
• Has experience reviewing business financial statements to include tax returns for both the individual as well as the business.
• Sales experience in commercial or consumer finance or working as a liaison to underwriting.
• Excellent verbal, written, and interpersonal communication skills
• High attention to detail and accuracy skills
• Strong organizational, multi-tasking, and prioritizing skills
• Strong time management skills and ability to meet deadlines
• Administrative support experience in banking or financial services
• Ability to establish and maintain effective working relationships with vendors, employees, and borrowers

EXPERIENCE

• Bachelor’s degree in business or related field or 3 years related experience working with vendors or dealerships and/or processing/reviewing/auditing consumer or commercial loans including secured, unsecured, auto, mortgage, etc. required. 5+ years related credit or accounting work experience in a lending environment preferred.

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