Loan Doc Prefunding Analyst

Overview

Prefunding Analyst

Full Job Description

We are looking for a reliable Prefunding Analyst to review loan documentation for complex commercial, consumer real estate, and consumer loans to all regulation, compliance, and policy requirements. Loans will include commercial real estate, construction, land, development, investment real estate, commercial & industrial, UCC asset-based lending, cattle, consumer residential real estate, and consumer non real estate loans. The Prefunding Analyst duties and responsibilities will include evaluating and finalizing a full loan packet review and loan document review using the Laser Pro document platform and other documents in the loan packet or in imaging.

Other duties include pipeline updates and managing loan priorities, TRID and HELOC document review, HMDA review, recording of collateral documents, SBA reporting, dispute reviews, exceptions, audits, regulatory compliance, data accuracy, and resolving errors.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

• Daily prefunding review and finalization of commercial and consumer loan documents and the loan packet in accordance with government regulation, compliance, and bank policy

• HMDA determination and review in document software

• Prefunding review and finalization of accurate TRID and HELOC documents and loan packets

• Daily prioritization and communications for all loan packets in the queue to have documents and review completed timely before closings

• Daily updates to the doc prep pipeline for all loans in process and their status

• Daily Communication with all lending staff to answer newly discovered documentation and/or procedural questions not already addressed

• Perform collateral filings weekly for mortgages, UCC's, lien entry's, continuations, etc.

• Perform as the backup for loan documentation

• Perform as the backup for exceptions to enter and clear

• Perform quarterly audits for compliance, data accuracy, or to resolve errors

• Weekly credit report dispute review

• Monthly SBA Reporting

• Imaging as needed

• Other duties as assigned

• Laser Pro emphasis or other loan production software experience

• Full knowledge of TRID disclosure preparation experience for LE and CD

• Proven working experience as a loan processor and/or loan operations role

• Ability to maintain and comprehend all internal/external regulations, along with all policies and procedures.

• Strong analytical and problem-solving skills

• Detail oriented with outstanding organizational skills and high critical thinking skills

• Ability to maintain composure under pressure

• MS Office Suite experience with superior emphasis in Excel

• Excellent communication skills

• Ability to work well and be positive with others

• Must be able to balance accurate documentation and a results-driven compliant approach with lending staff

• Loan Processing: 3-5 years (Preferred)

• Loan Operations: 3-5 years (Preferred)

• Bachelor's Degree or equivalent (Preferred)

Job Type: Full-time

Salary:
Based on Experience

Benefits:

• 401(k)

• 401(k) matching

• Dental insurance

• Health insurance

• Life insurance

• Paid time off

Physical setting:

• Office

Schedule:

• 8 hour shift

• Monday to Friday

Work Location:

In person