Loan Operations Post Closer

Univest Financial Corporation; Souderton (Montgomery County); On-site; USD 25,000 - 29,000; Full time

Benefits offered by this job

Health Insurance

401(k) plan with employer match

Paid Time Off

Short Term Disability

Holiday Time Off

Commissions

Life insurance

Job summary

Univest Financial Corporation in Souderton, PA is hiring a Loan Operations Post Closer to join the Loan Operations Team. You will perform post-closing duties for commercial and consumer loans, analyze documents, and ensure compliance with lending policies and regulatory guidelines.

The role requires attention to detail, strong organization, and the ability to work independently within a team to manage multiple tasks and deadlines.

Qualifications

• Familiarity with commercial loan documentation and real estate lending concepts.
• Knowledge of Univest lending policy guidelines is advantageous.
• Understanding of HELOCs and direct personal lending products.

Responsibilities

• Perform post-closing duties for commercial and consumer loans per policies.
• Analyze loan documents to determine required documentation.
• Track receipt and verification of original loan documents.
• Enter documents and financial covenants into tracking system.
• Identify CRA and HMDA requirements and enter data per guidelines.
• Label and upload loan documents into Synergy and nCino Salesforce.
• Verify documents are correctly uploaded and filed in the vault.
• Ensure compliance with laws and Univest Code of Conduct.

Skills

Document review

Loan documentation

Independent work

Communication

Organization

Problem solving

Attention to detail

Education

High school diploma or GED

Job description

Overview

Univest Financial Corporation (UVSP), has approximately $8.2 billion in assets and $5.3 billion in assets under management and supervision (as of September 30, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed to Local giving program is one of the things that differentiates us. In 2023, Univest donated $2.4 million to our local nonprofits and our employees volunteered more than 13,100 hours.

At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. We seek career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs-based financial solutions in the communities we serve.

We're hiring a Loan Operations Post Closer to join our Loan Operations Team.

Responsibilities

• Perform a variety of post-closing duties for commercial and consumer loans in adherence to Univest lending policies and guidelines.
• Analyze loan documents to determine necessary documentation needed to support requests.
• Track receipt and verification of original loan documents.
• Enter required documents and financial requirements/covenants into the tracking system based on approved loan terms and conditions.
• Identify Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) reporting requirements, and accurately enter data into the system following regulatory guidelines. Ensure compliance with applicable laws and regulations, including the Uniform Commercial Code of Business.
• Scan, identify and label executed loan documents into Synergy and nCino Salesforce, while importing supporting documents from commercial files.
• Verify that loan documents are correctly uploaded into Synergy for consumer lending processes. Label and file in the correct vault.
• Accountable for compliance with laws and regulations that apply to this position including the Univest Code of Conduct.

Qualifications

• Educational Background: High school diploma or GED equivalent required.
• Industry Knowledge: Familiarity with commercial loan documentation, real estate lending concepts, and relevant terminology. Understanding of Univest lending policy guidelines is advantageous. Knowledge of consumer loans, including Home Equity Lines of Credit (HELOCs) and other direct personal lending products.
• Decision-Making Skills: Ability to identify commercial and real estate loan documents and make independent decisions that align with Univest’s policies and guidelines, demonstrating accuracy and integrity.
• Work Ethic: Capacity to work independently as well as collaboratively within a team setting. Skilled in prioritizing tasks and managing multiple responsibilities under time constraints with minimal supervision.
• Communication and Organizational Skills: Strong verbal and written communication skills, coupled with excellent organizational abilities.
• Problem-Solving Abilities: Proficient in addressing challenges and capable of thinking creatively when faced with unusual situations.
• Attention to Detail: Demonstrates a keen eye for detail, ensuring thoroughness and precision in all tasks.

Wage Range:

The salary for this position ranges from $18.00 to $21.00

Benefits Overview

Univest offer's a comprehensive benefits package that includes:

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
• Paid Time Off (PTO): 15 days annually (prorated your first year)
• Short Term Disability: 10 days annually of sick time with a doctors note (prorated your first year)
• Holiday Time Off: 11 paid holidays
• Commissions: paid quarterly based on individual and team production
• We offer company paid life insurance: as well as other supplemental insurances
• Tuition reimbursement
• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
• Discounts: on loan products
• Professional development trainings

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status and will not be discriminated against on the basis of disability.