Loan Preparation Specialist I/II/III

Trustmark; Washington (District of Columbia); On-site; USD 52,000 - 78,000; Full time

Job summary

Trustmark is seeking a Loan Documents Specialist to prepare accurate and complete loan, security, and compliance documents for commercial or consumer loans in line with policy and procedures. You will verify data, obtain missing information, and assemble a complete package for closing.

The role requires experience with collateral, lien perfection, and loan compliance, plus strong organizational, analytical, and communication skills. Proficiency in Word/Excel, email, and internet is essential.

Qualifications

• Junior college/two one years college training or equivalent job-related experience.
• At least 1 year experience in commercial OR consumer collateral, security, and lien perfection requirements for one or more of the bank’s market areas
• At least 1 year experience in loan compliance regulations
• Time management principles to prioritize workload
• Strong communication/interpersonal skills
• Organizational skills
• Detail oriented
• Word/Excel
• E-Mail and Internet
• Effective analytical skills
• Ability to use sound judgment

Responsibilities

• Examine and interpret loan applications and other source documents for completeness and accuracy of data essential for appropriate categorization of loan transaction and document preparation
• Identify missing or incomplete information necessary to prepare loan and request needed information from lender
• Utilize image system and/or the collateral folder to obtain additional information needed for loan preparation
• Prepare loan, security, and compliance documents and related correspondence within established time frames based on application and supporting source documents by utilizing Laser Pro automated document preparation system and Word application and deliver complete loan package to lender for closing utilizing email or DocuSign
• Perform additional duties as assigned.

Skills

Strong communication

Organizational skills

Detail oriented

Time management

Analytical skills

Sound judgment

Education

Junior college / 1–2 years college

Tools

MS Word

MS Excel

Email / Internet

Job description

The purpose of this job is to prepare accurate and complete loan, security, and compliance documents and related correspondence for the less complex commercial OR consumer loans in accordance with the application, legal and compliance requirements, and bank policy and procedures. This job requires the ability to proficiently prepare documents for one or more market areas.

Responsibilities:

• Examine and interpret loan applications and other source documents for completeness and accuracy of data essential for appropriate categorization of loan transaction and document preparation
• Identify missing or incomplete information necessary to prepare loan and request needed information from lender
• Utilize image system and/or the collateral folder to obtain additional information needed for loan preparation
• Prepare loan, security, and compliance documents and related correspondence within established time frames based on application and supporting source documents by utilizing Laser Pro automated document preparation system and Word application and deliver complete loan package to lender for closing utilizing email or DocuSign
• Perform additional duties as assigned.

Qualifications

• Junior college/two one years college training or equivalent job-related experience.
• At least 1 year experience in commercial OR consumer collateral, security, and lien perfection requirements for one or more of the bank’s market areas
• At least 1 year experience in loan compliance regulations
• Time management principles to prioritize workload
• Strong communication/interpersonal skills
• Organizational skills
• Detail oriented
• Word/Excel
• E-Mail and Internet
• Effective analytical skills
• Ability to use sound judgment

Physical Requirements/Working Conditions: Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.

Trustmark Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings on this site. Resumes submitted to any Trustmark Bank employee by a third-party agency and/or search firm without a valid, written search agreement signed by Trustmark, will become the sole property of Trustmark Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

Working with Us

Teamwork and the individual contributions of our associates are recognized as the drivers of our success. At Trustmark, we are committed to preserving and advancing a diverse and inclusive workplace, where each associate, customer and shareholder is respected, valued and encouraged to share in our commitment. We make significant investments in our associates so that they may enhance their personal and professional skills, because we want each associate to grow, flourish and fulfill their career aspirations. Come onboard and join our team!

What You Gain at Trustmark (Compensation & Benefits)

• Comprehensive benefits including medical, dental, vision, long-term disability, and life insurance
• 401k (with up to 6% company match)
• Tuition Reimbursement (must meet eligibility requirements)

Trustmark exemplifies the strength and possibilities that come with a diverse and inclusive team. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, genetic information, pregnancy, national origin, protected veteran, disability status, or any other characteristic protected under applicable law. Trustmark is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment.

Upon accepting a position with Trustmark, the following pre-employment screenings must be completed:

• Verification of employment, education and other data provided by you on your employment application
• Verification of eligibility to work in the US
• Criminal background check
• Fingerprinting (required for certain positions)