Loan Operations Post Closer

Univest Financial Corporation (UVSP) has approximately $8.2 billion in assets and $5.3 billion in assets under management and supervision (as of September 30, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities, and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to its philanthropic spirit, donating $2.4 million to local nonprofits in 2023 and logging over 13,100 employee volunteer hours.

About the role

We seek a detail-oriented Loan Operations Post Closer to join our Loan Operations Team. In this role, you will perform a variety of post-closing duties for commercial and consumer loans while ensuring adherence to Univest lending policies, regulatory guidelines, and compliance standards.

Responsibilities

• Analyze loan documents to determine necessary documentation needed to support requests.
• Track receipt and verification of original loan documents.
• Enter required documents and financial requirements/covenants into the tracking system based on approved loan terms and conditions.
• Identify Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) reporting requirements, and accurately enter data into the system following regulatory guidelines.
• Ensure compliance with applicable laws and regulations, including the Uniform Commercial Code of Business.
• Scan, identify, and label executed loan documents into Synergy and nCino Salesforce, while importing supporting documents from commercial files.
• Verify that loan documents are correctly uploaded into Synergy for consumer lending processes.
• Label and file documents in the correct vault.
• Maintain compliance with laws, regulations, and the Univest Code of Conduct.

Requirements

• High school diploma or GED equivalent required.
• Familiarity with commercial loan documentation, real estate lending concepts, and relevant terminology.
• Understanding of Univest lending policy guidelines is advantageous.
• Knowledge of consumer loans, including Home Equity Lines of Credit (HELOCs) and other direct personal lending products.
• Ability to identify commercial and real estate loan documents and make independent decisions aligned with Univest’s policies and guidelines.
• Capacity to work independently and collaboratively within a team setting.
• Strong prioritization skills to manage multiple responsibilities under time constraints with minimal supervision.
• Excellent verbal and written communication skills, coupled with strong organizational abilities.
• Proficient problem-solving skills and ability to think creatively in unusual situations.
• Keen attention to detail, ensuring thoroughness and precision in all tasks.

Pay

The salary for this position ranges from $18.00 to $21.00 per hour.

Benefits

• Health Insurance: Medical, dental, and vision coverage (single or family; begins the first of the month following start date).
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment.
• Paid Time Off (PTO): 15 days annually (prorated your first year).
• Short Term Disability: 10 days annually of sick time with a doctor’s note (prorated your first year).
• Holiday Time Off: 11 paid holidays.
• Commissions: Paid quarterly based on individual and team production.
• Company-paid life insurance and other supplemental insurance options.
• Tuition reimbursement.
• Employee Wellness programs, including fitness club discounts and fitness tracker discounts/annual reimbursement.
• Discounts on loan products.
• Professional development trainings.