Hybrid Loan Documentation and Processing Associate

Posted last week

Apply now

About the role

  • Loan Analyst managing preparing and reviewing loan documentation while supporting loan processing tasks. Working in complex operations environments with direct interaction with external customers.

Responsibilities

  • Manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process.
  • Independently processing and closing loans within a complex loan operations environment.
  • Providing day-to-day loan transactional processing which may include booking cash transactions and making payments, performing loan reconciliations, input of general ledger entries and (complex) calculations.
  • Supporting an expansive and/or diverse array of products (risk and control) /services.
  • Following established procedures to identify and resolve problems related to loan documentation/processing activities that require investigation or research.
  • Make recommendations to management to support process improvement.
  • Resolving problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
  • Designing and analyses moderately complex loan documentation reports to satisfy management requirements, support/control activities, and the launch of products/services.
  • Making evaluative judgments based on the analysis of factual information, and provides assistance in the implementation of loan documentation process improvements.
  • Minimizing risk to the bank through increased knowledge of procedural requirements; understands and monitors errors to suggest solutions to reduce errors, and to adhere to audit and control policies.
  • Timely management and escalation of all requests and issues related to loan processing.
  • Has direct interaction with external customers to disseminate or explain information.
  • Demonstrates an intermediate level of understanding of products and processes, and of how duties relate/integrate with others in the team and closely related teams.
  • Demonstrates an excellent knowledge of Bank related systems.

Requirements

  • 0-2 years of experience
  • Basic knowledge of Business Processes, Systems and Tools used in the Loan Process
  • Demonstrate understanding of Loan Processes, Procedures, Products and Services
  • General awareness of managing, preparing, and reviewing loan documentation
  • Able to identify, mitigate, manage, resolve, and escalate risks and issues
  • Awareness of risk types, policies and control measures and processes
  • Comply with applicable laws, rules, and regulations, and adhering to Policies

Benefits

  • medical, dental & vision coverage
  • 401(k)
  • life, accident, and disability insurance
  • wellness programs
  • paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Job title

Loan Documentation and Processing Associate

Job type

Experience level

JuniorMid level

Salary

$48,840 - $68,160 per year

Degree requirement

Bachelor's Degree

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job