Loan Processing Specialist
About the role
The primary responsibility of this role is to prepare, review, and/or process required documents for new consumer and small business loans and modifications. Through loan origination and documentation software, incumbents will review transactions and loan data to determine accuracy of information, ensure regulatory compliance, and to prepare and deliver other documentation as necessary.
Responsibilities
- Review new loan documentation and data to ensure completeness and accuracy per requirements.
- Engage lending staff or directly with title companies or dealers to identify any special circumstances and resolve minor documentation concerns, escalating complex issues as required.
- Ensure closing conditions are satisfied per bank policy and applicable regulations, and ensure all documentation satisfies compliance requirements.
- Prepare regular reporting on monthly, quarterly, and annual schedules as required.
- Determine, prepare, and deliver applicable disclosure documents per applicable regulations.
Requirements
- High School Diploma or equivalent.
- 1 or more years loan documentation and/or processing experience.
Qualifications
Specialty not applicable at this level.
Skills
None specified at this level.
Benefits
Comprehensive benefits package including medical plans with prescription drug coverage, flexible spending account or health savings account, dental and vision insurance, life insurance, 401(k) program with employer match and Employee Stock Purchase Plan, paid time off programs, disability insurance coverage, maternity and parental leave, adoption assistance, educational assistance, and a robust wellness program with financial incentives.
Pay
$18.56 - $29.38 per hour.
Schedule
Full-time, hybrid career opportunity based out of Corporate Headquarters in Lancaster, PA.