Pre Fund Loan Documentation Specialist

Reports to: Vice President Loan Administration

Job summary:

This position plays a critical role in managing the comprehensive, in-depth review of commercial and consumer loan files during the pre-funding stage. This role involves ensuring the accuracy, completeness, and compliance of all documentation including exception tracking, collateral verification, UCC filings and insurance verification. This position handles functions that have a regulatory, monetary, and potential reputational risk impact. Functions are time sensitive and must be adhered to by means of policy and procedure.

Primary Duties/Responsibilities:

•   Works directly with compliance officer and loan administrative team to ensure compliance, accuracy, and consistency with the production team’s loan files
•   Review of all early disclosures for consumer purpose loans
•   Pre Fund Review
•   All applicable regulations for commercial and consumer purpose loans
•   Maintains a thorough understanding of all policies, procedures, and regulations pertaining to the Commercial Lending Department
• All loan in process for proper authority and legal documentation
•   Collateral perfection requirements
•   Identify and note technical exceptions and loan covenants

Additional duties/Responsibilities:

•   Work closely with compliance officer for regulatory compliance including, but not limited to HMDA LAR
•   Collaborate to refine processes and procedures related to loan compliance

Education/Experience Requirements:

• High school diploma or equivalent and 3-5 years related experience or equivalent.
• Direct knowledge of lending regulations including, but not limited to: HMDA, FCRA, ECOA, TILA, TRID
• Direct experience and knowledge of loan documentation and loan compliance
• Preferred: Laser Pro, CSI Nupoint

Qualification Requirements:

• Effective interpersonal relationships with management and team members.
• Ability to perform tasks quickly and accurately.
• Excellent organizational and time management skills.
• Detail Oriented
• Critical Thinking Skills
• Must have ability to recognize and act on changing priorities
• Proficient computer skills, including the Microsoft Office tools, and the ability to utilize the Bank’s current software.

Physical Requirements:

• May require long periods of typing and repetitive motion.