Loan Documentation and Processing Intermediate Associate Analyst

About the role

The Loan Doc & Proc Intmd Assoc Ayst is a developing professional role which integrates in-depth specialty knowledge with a solid understanding of industry standards and practices. The role requires a good understanding of how the team and area integrate with others in accomplishing the objectives of the sub-function/job family.

Responsibilities

• Manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process
• Independently process and close loans within a complex loan operations environment
• Integrates a solid understanding of industry and business standards and practices of loan documentation processes
• Deals with most loan-related problems independently and has some latitude to resolve complex issues, where expertise is required to interpret against policies, guidelines, or processes
• Applies judgment when interpreting data, preparing reports, and presents findings to management
• Make resolution recommendations based on identified trends and facts
• Designs and analyzes complex reports often related, but not limited to loan documentation processes to satisfy management requirements and support/control activities
• Participates in and supports the implementation of projects and process improvement initiatives
• Interprets data and makes recommendations for the launch of new products/services and upgraded platforms that loan documentation/processing functions
• Demonstrates a understanding of the loan documentation processes to identify policy gaps and formulate policies to support the streamlining of related work processes
• Minimizes risk to the bank through a solid understanding of procedural requirements - provides solutions to reduce errors, to adhere to audit and control policies. Serves as a checker for systematic transactions as a last line of defense
• Timely escalation and resolution of all inquiries and issues related to loan documentation

Qualifications

• 2 - 5 years relevant experience
• Basic knowledge of Business Processes, Systems and Tools used in the Loan Process
• Demonstrate understanding of Loan Processes, Procedures, Products and Services
• Able to identify, mitigate, manage, resolve, and escalate risks and issues
• Reasonable awareness of risk types, policies and control measures and processes
• Comply with applicable laws, rules, and regulations, and adhering to Policies

Education

• Bachelor’s/University degree or equivalent experience