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Form of workOverview
The Loan Documentation Specialist is responsible for producing consumer, commercial and home equity loan types, including but not limited to general administrative duties relating thereto. Performs pre-funding, post-closing reviews and booking of loans and verification of collateral. Interfaces with division/department staff in the prompt resolution of problems related to Loan Documentation and processing. Provides customer service/support to Relationship Managers.
Principal Duties & Responsibilities:
Qualifications
Education
Special Instructions to Candidates
The Loan Documentation Specialist is responsible for producing consumer, commercial and home equity loan types, including but not limited to general administrative duties relating thereto. Performs pre-funding, post-closing reviews and booking of loans and verification of collateral. Interfaces with division/department staff in the prompt resolution of problems related to Loan Documentation and processing. Provides customer service/support to Relationship Managers.
Principal Duties & Responsibilities:
- Assembles Loan Documentation files.
- Reviews pre-requisite requirements are adhered to prior to preparing loan documents (due diligence, UCC-1 searches, corporate searches, proper lending authority, collateral, etc.).
- Prepares loan documents for all loan types (i.e. consumer, commercial and home equity).
- Reviews flood determinations for accuracy.
- Requests, reviews and ascertains appropriate insurance coverage for all loan types.
- Obtains title searches and/or title commitment for Title Insurance for home equity loans.
- Orders "Hold" on CD's and Repo's pledged as collateral.
- Conducts review of loans prior to funding, bar-coding and booking.
- Creates and maintains records for pending documentation exceptions.
- Provides client service/support to Relationship Managers.
- Works independently in the preparation of Loan Documentation for all loan types (i.e., consumer, commercial, commercial real estate and home equity lines of credit), including interaction with attorneys and/or title agents to handle real-estate secured transactions, review of title searches and title commitments prior to closing, resolution of title issues, review of HUD-1 Settlement Statements, preparation of escrow letters and responsibility for ascertaining proper conditions for funding.
Qualifications
- Two to four years of experience with preparation of Loan Documentation for various loan types.
- Experienced with automated Loan Documentation prep systems.
- Preferred experience with both LaserPro and attorney-drafted loans.
- Established knowledge of rules, regulations, and policies relating to Loan Documentation.
- Excellent analytical, decision-making, and effective problem resolution skills.
- Proven ability to work productively and efficiently without direct supervision.
- Able to manage high volume of activity and maintain production goals.
- Excellent organizational and time management skills with high attention to detail and accuracy.
- Ability to work well in a collaborative, cohesive, and cooperative team environment.
- Ability to communicate effectively and professionally, both verbally and in writing, with customer, coworkers and third parties..
- Competent in the use of personal computer systems, internet applications and email, and various windows based software applications.
Education
- High School diploma or GED equivalent.
Special Instructions to Candidates
- Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
- Please view Equal Employment Opportunity Posters provided by OFCCP here.
- The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
- Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at employment@citynational.com.
