Address
Form of work
SalaryIII. POSITION SUMMARY
The primary responstibilies for the Loan Specialist postion includes loan due diligence for loan origination, loan documentation preparation, post-closing, and post-closing document review. Be proficient in Meridian Link, loan boarding, loan compliance, appraisal management, insurance and HMDA determination. Handle the origination, closing and post-closing process to ensure accurate and complete files for HELOC's, consumer loans and small business loans. Work with the sales team and manage the closing calendar to ensure timely deliverly of loan documentation. Fund, post-closing quality review, and perform DOT filings. Develop efficient processing procedures for all aspects loan origination.
IV. PRIMARY ACCOUNTABILITIES
High Essential
Provide exceptional client service both internally and externally.
Monitor pipeline of loans to ensure timely and accurate turnaround to sales team and provide WOW client service.
Review Loan Applications for accuracy and send out early disclosures as needed.
Review Loan Applications for accuracy and compile all needed loan due diligence documenation for each small business package.
Order Appraisals, Credit Reports, and ensure all documentation is within policy and all forms are in the loan package.
Produce loan documentation using the MeridianLink System and ensure accuracy before origination.
Manage closing process including interacting with branch managers and processing wires and internal tickets
Review loan documenation for accuracy including internally prepared loan documenation.
Accurately onboard loans to core system and review data input.
Review loan files for completeness and follow-up on any missing/needed items in a timely manner.
Regularly attend work at the Bank's place of business during regular business hours.
Low Essential
Professionally communicate with other departments to solve issues and onboard products.
Review files for accuracy and stay up to date with latest compliance changes
Non Essential
Attend team meetings
Other
Other duties, as assigned
Cross train and back-up others, as assigned
V. EDUCATION
High School Degree Required
Associates of Bachelor's Degree Preferred
VI. RELATED EXPERIENCE
At least 2 years processing consumer loans including previous MeridianLink experience.
VII. QUALIFICATIONS : GENERAL KNOWLEDGE, SKILLS, AND ABILITIES
Must have a high level of knowledge of the following subjects; might be regarded as an authority in the area by peers:
Documentation requirements for loan origination
Producing closing documents using the MeridianLink System
Onboarding loans to the CORE system
Must be able to train, coach, and answer questions from those at lower mastery levels around:
Appraisal management
Closing Process Management including all required external documents needed
Must be able to identify issues with application of the following subjects, develop solutions, and implement improvements:
Onboarding of new products
Ability to help manage the full loan process with correct titling and storage of underwriting documents.
Must be able to apply the following principles and processes to day-to-day functions:
Time Management
Multi-Tasking
Must be aware of the following general principles and operations; not expected to fully function in the area:
General overall knowledge of the Bank's accounting principles and software
General business banking underwriting knowledge
VIII: QUALIFICATIONS : PIEDMONT KNOWLEDGE, SKILLS, AND ABILITIES
Must have a high level of knowledge of the following subjects; might be regarded as an authority in the area by peers:
Knowledge of the MeridianLink System
Knowledge of the loan onboarding process
Must be able to train, coach, and answer questions from those at lower mastery levels around:
Consumer and Small Business Loan processing and procedures
Compliance Management
Must be able to identify issues with application of the following subjects, develop solutions, and implement improvements:
General consumer and small business banking loan process
Consumer and small business banking loan documenation preparation, loan boarding, and loan review
Must be able to apply the following principles and processes to day-to-day functions:
Collaboration/Teamwork
Prioritizing, multi-tasking, meeting deadlines, and working independently on multiple projects
Consistent communication to various parties.
Must be aware of the following general principles and operations; not expected to fully function in the area:
Loan servicing processes and procedures
Credit Underwriting processes and procedures
IX: QUALIFICATIONS : TECHNICAL KNOWLEDGE, SKILLS, AND ABILITIES
Must have a high level of knowledge of the following subjects; might be regarded as an authority in the area by peers:
Loan Closing
Document Preparation
Must be able to train, coach, and answer questions from those at lower mastery levels around:
Loan Compliance
Appriasal Management
X. CONTACTS
Lending officers
Attorneys
Direct customer contact/service
Financial institutions
Government agencies
Homeowners' insurance company/agents
XI. WORKING CONDITIONS/PHYSICAL REQUIREMENTS
This job is conducted in an office work environment,and is generally sedentary but may require walking at times. Most of this position's duties require use of a computer. Some travel via car or air, and evening/weekend work may be required. Some travel and evening/weekend work may be required. Incumbent must meet the following physical requirements with or without reasonable accommodation:
a. Use hands to manipulate, handle, feel, and control items or equipment;
b. Walk, bend, kneel, and reach;
c. Lift up to 25 pounds, using all safety precautions;
d. Stand and/or sit for long periods of time;
e. Talk, hear, and communicate with clients and coworkers in English;
f. See and be able to read, write, and interpret documents written in English.
a. Use hands to manipulate, handle, feel, and control items or equipment;
b. Walk, bend, kneel, and reach;
c. Lift up to 25 pounds, using all safety precautions;
d. Stand and/or sit for long periods of time;
e. Talk, hear, and communicate with clients and coworkers in English;
f. See and be able to read, write, and interpret documents written in English.
Disclaimer: The above information on this description has been designed to indicate the general nature and level of work performance by employees within this classification. It is not designed to contain or be interpreted as comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.
Piedmont Federal Savings Bank is an Equal Opportunity Employer Minorities/Women/Veterans/Disabled.
