TWDB - Loan Closing Specialist; Loan Specialist II

• Full-time
• Compensation: USD 4,021 - USD 5,178 - monthly

The mission of the Texas Water Development Board(TWDB) isto lead the state's efforts in ensuring a secure water future for Texas.Our mission is a vital part of Texas' overall vision and the state's mission and goals that relate to maintaining the viability of the state's natural resources, health, and economic development.

The TWDB's main responsibilities are threefold: collecting and disseminating water-related data; assisting with regional water supply and flood planning that contributes to preparing the state water plan and state flood plan; and administering cost-effective financial programs for constructing water supply, wastewater treatment, flood control, and agricultural water conservation projects.

Texas Water Development Board’s Mission

- Leading the state’s efforts in ensuring a secure water future for Texas.

The Texas Water Development Board (TWDB) offers competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, and flexible work alternatives so you can have a work/life balance!
For more information about these benefits and more visit
http://(Use the "Apply for this Job" box below)..asp.

The Texas Water Development Board does not discriminate on basis of race, color, national origin, sex, religion, sexual orientation, age, or disability in employment or provision of services, programs, or activities.

Must meet agency in-office requirements

Salary commensurate with experience and qualifications

GENERAL DESCRIPTION

Performs moderately complex (journey-level) loan specialist work. Work involves setting up loan closing files, reviewing closing documents, monitoring loan closing deadlines, and communicating with borrowers. May train others. Works under general supervision, with moderate latitude for the use of initiative and independent judgment. Reports to the Assistant Manager of the Applications Department
- Credit Review Department.

ESSENTIAL JOB FUNCTIONS

• Tracks and monitors receipt of loan closing documents and borrowers, compliance with loan covenants.
• Conducts reviews and audits of loan closing packages and materials to determine compliance with requirements, contracts, laws, rules, regulations, policies, and procedures.
• Ensures all loan documents are properly executed.
• Assists with preparing reports and conducting loan closing training.
• Supports Regional Project Water Development (RWPD) teams in scheduling closing meetings.
• Assists the Assistant Manager and Water Supply and Infrastructure management in identifying process improvements and areas within RWPD that need improvement or can be streamlined.
• Assists the Assistant Manager with ensuring closing milestones are met within the Applications Department.
• Assists with the creation and population of project records in TxWISE and issuing project and loan numbers.
• Assists in issuing commitment numbers for all commitments, including loans, grants, principal forgiveness, and multi-year commitment when necessary.
• Assists with updating and creating loan closing procedures and guidance documents.
• Performs cost savings analysis.
• Promotes an environment that encourages teamwork, accountability, professional development, and improvement in performance.
• Reviews and inputs borrower information into an internal database.
• Assists with the review of database processes and the development and implementation of procedures and training in the Applications Department.
• Conducts outreach to borrowers to verify closing dates and enforce closing deadlines.
• Maintains confidential and sensitive information.
• Ensures individual and team files (electronic and hard versions) are appropriately maintained and timely disposed of in accordance with…