Loan Documentation Specialist

UBB is currently recruiting for a Loan Documentation Specialist who will be the backbone of our documentation process by preparing, generating, and tracking loan packages while ensuring seamless integration with our accounting systems. If you thrive in a fast-paced environment where accuracy is paramount and enjoy the complexities of collateral tracking and loan history management, we want to hear from you.
The ideal candidate will be located in the Twin Cities and will have the option to work a hybrid schedule in the office 3 days per week, Tuesday – Thursday, after the initial training period.

• Prepares/Generates new loan documentation, generates promissory notes, security agreements, limited/unlimited guarantees and participation agreements/renewals/extensions/modifications. Prepares correspondence to accompany mailed loan documents.
• Creates new loan file/folder, if applicable, and creates working file for pending documents. Enters collateral and insurance information, and sets up pending collateral documents in Sageworks/Abrigo system to track collateral and make sure we have final copies of documentation.
• Boards/Enters loans onto Jack Henry AS400/Loan system, making sure they are set up correctly, following the terms of the note.
• Tracks original loan documents.
• Monitors Paid Loan History Records and determines status and needs of collateral.
• Monitors weekly FF and Libor rates, along with Senior Documentation position. Sends notice of all changes to Loan department.
• Maintains list of contact names, sends requests to add branch locations and team requests to add loans to secure file transfer.
• Maintains collateral safekeeping records. Issues collateral receipts for new stock certificates and return collateral receipts/certificates for stocks being released.
• Maintains original note and safekeeping drawers. Performs yearly audits of each, along with Senior Documentation position.
• Facilitates running the system monthly reports.
• May serve as backup for loan payments/advance requests, for coverage if necessary.
• Completes maintenance and tracking of Construction loans.
• Completes monitoring and tracking Real Estate property tax information.

2 Meridian Crossings #600, Richfield, MN 55423

UBB is currently recruiting for a Loan Documentation Specialist who will be the backbone of our documentation process by preparing, generating, and tracking loan packages while ensuring seamless integration with our accounting systems. If you thrive in a fast-paced environment where accuracy is paramount and enjoy the complexities of collateral tracking and loan history management, we want to hear from you.
The ideal candidate will be located in the Twin Cities and will have the option to work a hybrid schedule in the office 3 days per week, Tuesday – Thursday, after the initial training period.

• Prepares/Generates new loan documentation, generates promissory notes, security agreements, limited/unlimited guarantees and participation agreements/renewals/extensions/modifications. Prepares correspondence to accompany mailed loan documents.
• Creates new loan file/folder, if applicable, and creates working file for pending documents. Enters collateral and insurance information, and sets up pending collateral documents in Sageworks/Abrigo system to track collateral and make sure we have final copies of documentation.
• Boards/Enters loans onto Jack Henry AS400/Loan system, making sure they are set up correctly, following the terms of the note.
• Tracks original loan documents.
• Monitors Paid Loan History Records and determines status and needs of collateral.
• Monitors weekly FF and Libor rates, along with Senior Documentation…