LOAN DOCUMENTATION SPECIALIST

Southwest; Odessa (TX); On-site; USD 42,000 - 62,000; Full time

Job summary

Southwest in Odessa, TX seeks a Loan Documentation Specialist to assemble and document loan files for funding. You will coordinate consumer, commercial and CRE documents and review third-party materials to ensure timely closings.

Responsibilities include preparing origination documents, conducting pre-closing reviews, and verifying compliance with regulations and policy guidelines. Strong MS Office and LaserPro skills are required.

Qualifications

• High School diploma or GED required.
• Associates degree or equivalent work experience preferred.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively as needed.

Responsibilities

• Coordinate consumer, commercial and CRE loan documents for processing to meet closing timelines.
• Review third party documents such as title and appraisals.
• Obtain information related to loan origination: credit reports, appraisals, title reports, UCC searches, environmental reports, insurance, flood certificates and filings.
• Prepare and reconcile loan origination documents for commercial, CRE, construction and consumer loans.
• Review outside counsel documentation prior to closing.
• Conduct pre-closing review of loan documents.
• Review loan packages for compliance with Federal regulations and Credit Policy Guidelines.
• Ensure all required documents are on file after closing.
• Perform daily review of critical loan information and maintain confidentiality.

Skills

LaserPro knowledge

MS Office proficiency

Banking industry knowledge

Corporate structure understanding

Confidentiality and organization

Verbal and written communication

Education

High School Diploma or GED

Associates degree or equivalent experience

Tools

Excel

Outlook

Word

Job description

LOAN DOCUMENTATION SPECIALIST# LOAN DOCUMENTATION SPECIALISTHot JobODESSA 42nd Street - ODESSA, TX 79762## DescriptionThe Loan Documentation Specialist provides professional support services to the Commercial Loan officer by assembling a completely documented loan file preparing for submission of the loan file for funding. The processor will interact frequently with the lender and other bank staff in preparation of the lending documentation.* Coordinates consumer, commercial and commercial real estate loan documents for processing to meet scheduled closing timeframes. Reviews third party documents such as title and appraisals. Verifies accuracy of the loan docs* Obtains information related to the loan origination process including ordering credit reports, appraisals, preliminary title reports, UCC searches, environmental reports, insurance information, flood certificates, Secretary of State filings and various other items* Prepares and reconciles the loan origination documents for commercial, commercial real estate, construction and consumer loans* Review outside counsel documentation prior to closing* Conducts pre-closing review of loan documents* Review loan packages for compliance with Federal regulations and Credit Policy Guidelines* Review closed loan packages to ensure required and properly executed documents are on file* Daily review of critical loan information after previous day’s work* General knowledge of the type of documentation required for perfected lien* Knowledge/understanding of the necessary documentation for disclosure and compliance* Complies with federal and state regulations and all established Bank policies* Immediately reports and resolves any issue that requires corrective action and meets all regulatory timelines.* Complete duties by pre-established deadlines when necessary* Ensures that professional and cost-effective business and trade professionals in a confident professional way* Ensures all requirements and conditions to close are satisfied before releasing documents for closing* Utilize technology to solve root causes of issue and to eliminate manual processes* Gain good knowledge of compliance and regulation procedures* Working knowledge of Microsoft products such as Excel, Outlook and Word* Be able to manage multiple projects/duties with accuracy and minimal supervision* Display a positive team working attitude with associates in all departments* Have a positive, professional and courteous interaction with associates and customers, when necessary* Able to work with third party vendors and be familiar with their product reporting**Knowledge, Skills and Abilities*** Knowledge of LaserPro or equivalent loan documentation system* Advanced knowledge of Microsoft office products and the ability to grasp computer software concepts* Knowledge of the banking industry including loan accounting* Knowledge and understanding of commercial and consumer loan documents* Understanding of corporate structures* Ability to work in an organized manner and maintain confidentiality* Ability to understand financial information, including but not limited to income and expense statement, balance sheet, tax documents, corporate annual reports* Ability to communicate effectively verbally and in writing* Ability to establish and maintain effective working relationships with employees and customers**JOB SKILLS AND QUALIFICATIONS REQUIRED:*** High School Diploma or GED equivalent required* Associates degree or equivalent work experience preferred* Excellent communication and interpersonal skills* Ability to work independently and collaboratively as the situation dictates