Loan Documentation and Processing Intermediate Associate Analyst

This role is a developing professional position that integrates in-depth specialty knowledge with a solid understanding of industry standards and practices. It requires analytical thinking, data analysis skills, and the ability to communicate complex information systematically. The role has a moderate but direct impact on the business's core activities, with quality and timeliness of service affecting both the individual's team and related teams.

Responsibilities

• Manage preparing and reviewing loan documentation while providing support for various tasks related to the loan process.
• Independently process and close loans within a complex loan operations environment.
• Apply a solid understanding of industry and business standards for loan documentation processes.
• Resolve most loan-related problems independently, with latitude to address complex issues using expertise to interpret policies, guidelines, or processes.
• Apply judgment when interpreting data, preparing reports, and presenting findings to management.
• Make resolution recommendations based on identified trends and facts.
• Design and analyze complex reports related to loan documentation processes to meet management requirements and support/control activities.
• Participate in and support the implementation of projects and process improvement initiatives.
• Interpret data and make recommendations for launching new products/services and upgrading platforms for loan documentation/processing functions.
• Demonstrate understanding of loan documentation processes to identify policy gaps and formulate policies that streamline work processes.
• Minimize risk to the bank by understanding procedural requirements, providing solutions to reduce errors, and adhering to audit and control policies.
• Serve as a checker for systematic transactions as a last line of defense.
• Escalate and resolve all inquiries and issues related to loan documentation in a timely manner.
• Apply a solid understanding of how the team integrates with others to accomplish sub-unit objectives.
• Provide informal guidance and on-the-job training to new team members.
• Work closely with the team and internal stakeholders to meet client needs.
• Interact directly with external customers to disseminate or explain information.
• Assess risk appropriately when making business decisions, considering the firm's reputation and compliance with applicable laws, rules, and regulations.

Requirements

• 2 - 5 years of relevant experience.
• Basic knowledge of business processes, systems, and tools used in the loan process.
• Understanding of loan processes, procedures, products, and services.
• General awareness of managing, preparing, and reviewing loan documentation.
• Ability to identify, mitigate, manage, resolve, and escalate risks and issues.
• Reasonable awareness of risk types, policies, control measures, and processes.
• Compliance with applicable laws, rules, and regulations, and adherence to policies.
• LOANIQ experience is a plus.

Qualifications

Bachelor’s/University degree or equivalent experience.

Benefits

• Competitive medical, dental, and vision coverage.
• 401(k) retirement plan.
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off packages, including vacation, sick leave, and holidays.
• Discretionary and formulaic incentive and retention awards for eligible employees.

Pay

$61,870.00 - $86,330.00 (full-time salary range).

Schedule

Full time.