Loan Documentation Specialist II

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Full Time Professional Atascadero, CA, US

5 days ago Requisition

Salary Range: $24.80 To $37.20 Hourly

Job Purpose:

The Loan Documentation Specialist II is responsible for generating loan documents related to consumers, commercial businesses and SBA lending with little to no supervision. The Loan Documentation Specialist II will ensure loan documentation complies with state and federal laws, regulations and bank lending policies and procedures. The Loan Documentation Specialist II is responsible for the integrity of all loan data in the bank, ensuring department activities run smoothly and efficiently and provides a high level of customer service.

The position of Loan Documentation Specialist II reports to the Loan Services Manager. The Loan Documentation Specialist II will assist the Loan Services Specialists during staffing shortages, coverage issues or as instructed by management and is required to be fully knowledgeable and skilled in all areas of processing and servicing loans.

Duties & Responsibilities:

• Reviews loan documentation requests and works with the credit assistants to prepare loan documents consistent with the loan terms and conditions as presented on the related loan approvals.
• Documents various consumer and commercial loans while abiding by all state and federal banking regulations as well as the bank’s policies, procedures, and timing requirements as set for by the department’s service standards and by management.
• Verifies that each loan documentation request has proper approval(s) and ensures that the necessary information is complete. Follows up with the credit assistants and loan officers to obtain missing data.
• Confirms that each involved entity has the correct documentation filed with the Secretary of State and as required per the bank’s Business Entity Matrix.
• Confirms each involved entity is in good standing with the Secretary of State and not on the OFAC list.
• Uses proper judgement and source data when documenting collateral documents, such as Deeds of Trusts, Assignment of Deposit Accounts, Security Agreements and Assignment of Life Insurance documents.
• Prepares Loan Estimates, Closing Disclosures, and any other documents necessary for TILA-RESPA Integrated Disclosure transactions.
• Works with the Small Business Administration department to provide necessary documents, as requested.
• Answers the telephone; responds to routine loan officer or customer inquiries relative to account balances, loan balances, payoff requests, and other loan information.
• Cross-trains in all loan servicing functions.
• May assist the Loan Services Specialists with loan boardings, callbacks, imaging, payoff demands, loan advances, payments, reports, customer service, and in other tasks as determined by management.
• Operates computer terminal or personal computer to process loan activity, determine balances, and resolve problems within given authority.
• Is able to document every type of loan that the bank makes with minimal assistance required.
• Reviews basic prepared loan documents for accuracy.

General:

• Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• Completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the Bank through outside activities.
• Comply with all applicable OSHA safety standards, including:
• Read the workplace safety and health poster at the jobsite.
• Report hazardous conditions to your supervisor and/or HR
• Report any job‑related injury or illness to your supervisor and/or HR, and seek treatment promptly.

Compliance

• Complies with all bank policies and procedures and all applicable government regulations including, but not limited to general lending regulations and TRID, staying current and knowledgeable of all policies, procedures and regulations related to the job functions and completing all assigned training on time, requesting additional…