Loan Documentation Specialist III

About the role

We are seeking a Loan Documentation Specialist III to join our team in Paradise, PA. This role is responsible for the quality control review and documenting of Commercial and Agricultural loans. This is a great opportunity to join a wonderful team and make an impact in community banking!

Responsibilities

• Review Credit Presentation Summary, Credit Quest Memos, and Closing Request Form.
• Review property search or preliminary title and HUD-1 settlement statements for accuracy of ownership of collateral and lien information.
• Review customer identification for accuracy, including business entity documentation.
• Review loan file for HMDA reportability and complete the HMDA Worksheet as applicable.
• Review hazard insurance for adequate coverage and mortgagee/loss payee clause(s) and collaborate with Lenders Assistants, Lenders, and insurance agents to resolve any discrepancies.
• Verify all Bank requirements for flood insurance are met.
• Organize documents in efile per guidelines, removing duplicate items.
• Prepare loan payoffs, assess applicable satisfaction fees to loans, restrict and set lines of credit to close at a zero balance, place alert messages on loans.
• Prepare documentation and letters of credit.
• Maintain collateral swap loan modifications in OnBoard Loans or LaserPro.
• Calculate loan fees and prepare a Funding Worksheet.
• Complete the Pre-closing Checklist and Document Checklist.
• Maintain a Loans in Process spreadsheet for loan tracking.
• Print loan disbursement checks and review loan settlement packages.
• Communicate with outside vendors, including but not limited to settlement agents and title companies, insurance agents, attorneys, and property search vendors.
• Train Loan Documentation Specialists II.
• Perform other duties as assigned.

Qualifications

• Five or more years of experience in preparing commercial loan documentation.
• Problem solving and decision-making skills.
• Intermediate keyboarding skills.
• Moderately complex math skills.
• Knowledge of MS Excel, MS Word, and Adobe Acrobat.
• Ability to create written materials.
• Ability to communicate effectively with co-workers and customers.

Benefits

• Competitive Medical, Dental, Vision Coverage
• 401(k) Retirement Plan
• Company Paid Life, STD, and LTD
• Health Savings Account (HSA) & Flexible Spending Account (FSA)
• Paid Time Off (PTO), Volunteer Time Off (VTO), and Birthday PTO
• 12 Paid Holidays
• Tuition Reimbursement
• Company Events and Picnics