Loan Processing Specialist

Fulton Financial; Lancaster (Lancaster County); Hybrid; USD 25,568 - 40,473; Full time

Benefits offered by this job

Medical plans with prescription coverage

401(k) program with employer match

Paid time off programs

Job summary

Fulton Financial is offering a full-time, hybrid opportunity in Lancaster, PA for a role focused on loan documentation and processing. You will prepare and review documents for new consumer and small business loans and ensure compliance with regulations.

The ideal candidate will have at least 1 year of experience in loan documentation, a high school diploma, and a keen attention to detail. Benefits include a comprehensive package with medical, 401(k), and paid time off.

Qualifications

• 1 or more years of experience in loan documentation and/or processing.
• Ability to understand and identify compliance risks.

Responsibilities

• Review new loan documentation for completeness and accuracy.
• Ensure closing conditions satisfy bank policy and regulations.
• Prepare regular reporting on loan processing schedules.

Skills

Loan documentation

Regulatory compliance

Attention to detail

Education

High School Diploma or equivalent

Job description

Overview

This is a full-time, hybrid career opportunity based out of our Corporate Headquarters location in Lancaster, PA.

The primary responsibility of this role is to prepare, review, and/or process required documents for new consumer and small business loans and modifications. Through loan origination and documentation software, incumbents will review transactions and loan data to determine accuracy of information, ensure regulatory compliance, and to prepare and deliver other documentation as necessary.

Responsibilities

• Review new loan documentation and data to ensure completeness and accuracy per requirements. Engage lending staff or directly with title companies or dealers to identify any special circumstances and resolve minor documentation concerns, escalating complex issues as required.
• Ensure closing conditions are satisfied per bank policy and applicable regulations, and ensure all documentation satisfies compliance requirements.
• Prepare regular reporting on monthly, quarterly, and annual schedules as required.

Additional Responsibilities

• For consumer and small business loans and modifications, determine, prepare, and deliver applicable disclosure documents per applicable regulations.

Qualifications

Education

High School Diploma or equivalent. Specialty: not applicable at this level. (Required)

Experience

1 or more years loan documentation and/or processing. (Required)

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company‑assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

The hourly rate for this position is $18.56 - $29.38.

Benefits

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

EEO Statement

Fulton Bank ("Fulton") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.