Remote Loan Documentation Specialist - Pre-Close

Independence Bank; Owensboro (KY); On-site; USD 40,000 - 54,000; Full time

Job summary

Independence Bank in Owensboro, KY seeks a Loan Documentation Specialist - Pre Close to support lending staff by preparing and processing essential loan documents for various loan types, including retail, commercial, agricultural, and home equity lines.

Responsibilities include gathering documents, maintaining records, ensuring compliance with BSA, CRA, and HMDA, and coordinating funding at closing. Two years of loan processing experience and a business-related degree are preferred.

Qualifications

• High school diploma or GED required.
• Preferred degree in business, finance, accounting, or related field.
• Two (2) years of experience in loan processing and/or documentation preferred.

Responsibilities

• Gathers and prepares loan documents to be passed at the closing of the loan
• Establishes, maintains, and updates files, databases, records, and/or other documents pertaining to the financial transaction records
• Arranges and prepares loan documents to help ensure collectability of the loan
• Ensures that all required documents, forms, and agreements are collected and accurate
• Completes all tasks in compliance with federal and state rules and regulations and company policies
• Ensures the loan is properly funded in accordance with the loan closing statement
• Properly files and stores loan and supporting documents in compliance with retention guidelines and company policies and procedures
• Obtains and records data points needed to monitor and report compliance with various regulations, including, but not limited to, the Bank Secrecy Act (BSA), Community Reinvestment Act (CRA), and Home Mortgage Disclosure Act (HMDA)

Skills

Oral and written communication

Detail oriented

Multi-tasking

Organization

Clerical and administrative skills

Team player

Education

High School or GED

Degree in business, finance, accounting, or related field preferred

Job description

Independence Bank in Owensboro, KY seeks a Loan Documentation Specialist - Pre Close to support lending staff by preparing and processing essential loan documents for various loan types, including retail, commercial, agricultural, and home equity lines.

Responsibilities include gathering documents, maintaining records, ensuring compliance with BSA, CRA, and HMDA, and coordinating funding at closing. Two years of loan processing experience and a business-related degree are preferred.