Loan Specialist I - Due Diligence

recruitment page; Birmingham (AL); On-site; USD 40,000 - 60,000; Full time

Job summary

ServisFirst Bank is seeking a Loan Specialist I - Due Diligence to assemble loan documentation for commercial and consumer loans in compliance with regulatory requirements and bank policy. The role requires accuracy under deadlines and the ability to process documents efficiently.

The incumbent will review pre-closing materials, clear exceptions, and ensure documentation is complete before forwarding to Doc Prep, while maintaining up-to-date records in core systems and adhering to applicable

Qualifications

• High school diploma or equivalent required.
• 1+ years of related experience preferred.
• Commercial and consumer loan documentation experience helpful.
• Experience working with no supervision while performing duties.
• Excellent organizational and time management skills, demonstrated by meeting deadlines.
• Experience working with Microsoft Word and Excel.

Responsibilities

• Review pre-closing nCino Doc Prep Memo and documentation to ensure all documents needed to process the loan have been received and address outstanding exceptions.
• Review in-house loan documentation for commercial, consumer and real estate loans in accordance with policy and regulatory requirements within 12 hours of receipt of documentation package.
• Ensure all internal systems (nCino, Footprints, etc.) are updated in a timely manner.
• Submit loan package to Doc Prep after satisfactory documentation review.
• Remain familiar with applicable compliance regulations and policies and ensure adherence.

Skills

Time management

Organizational skills

Attention to detail

Deadline-driven

Education

High school diploma or equivalent

Tools

Microsoft Word

Microsoft Excel

Job description

At ServisFirst, Our Name is Our Mission.

DUTIES AND RESPONSIBILITIES

TheLoan Specialist I - Due Diligenceis responsible for assembling loan documentation for commercial and consumer loans in accordance with regulatory requirements and Bank policy. Loan packages must be completed accurately and forwarded for further processing in a timely manner to ensure quality service and minimize inconvenience to the customer. Because of market volatility and spikes in loan volume, the Loan Specialist I must be able to work under deadline pressure while still ensuring accuracy.

The incumbent will:

• Review submitted pre-closing nCino Doc Prep Memo and documentation to ensure all documents necessary to process the loan have been received and address all outstanding exceptions Review and clear existing collateral exceptions on renewal loans prior to releasing docs
• Ensure all loan requests include proper approval to include aggregate debt, floors and fee waiver approvals, Review in-house loan documentation for commercial, consumer and real estate loans in accordance with Bank policy and regulatory requirements within 12 hours of receipt of completed supporting documentation package
• Ensure all internal systems nCino, Footprints, etc. are updated in a timely manner
• Upon satisfactory documentation review completion of loan package, submit to Doc Prep for review
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.

Note: Additional duties and responsibilities may be assigned.

MINIMUM QUALIFICATIONS

• High school diploma or equivalent
• One (1) or more years of related experience
• Commercial and consumer loan documentation experience to include knowledge of collateral perfection and related regulations
• Experience working with no supervision while performing duties
• Excellent organizational and time management skills, as demonstrated by experience meeting deadlines
• Experience working with Microsoft Word and Excel

PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS

The physical requirements and environmental conditions of this position consist primarily of:

• Sitting at a desk or workstation for long periods of time.
• Occasionally lifting and/or moving materials that weigh 1 to 25 pounds.
• Frequently typing using a keyboard and/or calculator.
• Normal office environment with constant comfortable temperatures and exposure to low noise level (e.g., faxes, phones, printers, etc.).

EOE/AA