Loan Documentation Specialist – Long Beach
- Full time
- Long Beach, California, United States, California, United States View on Map
Job Description
Loan Documentation Specialist II
Location:Â Long Beach, CA
Job Code:Â 482J
The Loan Documentation Specialist 2 is responsible for accommodating Bank customers with excellent customer service. Supports lending staff in timely, accurate preparation, verification and release, based on assigned release authority of commercial loan documents in accordance with loan document worksheet(s), credit approval, lending policy, department procedures and all applicable federal and state regulations. Â The Loan Documentation Specialist 2 acts as a resource for the lending staff for loan documentation.
Prior experience in preparing and reviewing commercial loan documents, real estate documents, and usage of LaserPro is strongly preferred.Â
Essential Duties
- Preparation and review of commercial loan documentation in accordance with the loan document request and credit approval while meeting required service levels for accuracy and timely release.
- Reviews supporting source documents utilized in loan document preparation to ensure compliance with credit approval and lending requirements.
- Reviews and approves loan document packages for release based on assigned release authority.
- Reviews loan approval submissions for compliance with Bank policy and coordinates routing of same to Lending Committee Members based on assigned authority.
- Works collaboratively with the Lending Specialists to ensure complete, accurate and timely submission of loan documentation requests.
- Works collaboratively with the branch lending staff to resolve identified support document and loan package discrepancies and deficiencies while effectively managing department service levels.
- Assists Loan Documentation Specialist 3 in providing ongoing training and support to Loan Documentation Specialist 1 to increase knowledge and skill levels; routinely reports progress to Department Manager.
- Provides assistance to lending staff and related departments as it relates to the loan documentation process.
- Consults with Department Manager or Loan Documentation Specialist 3 on unresolved and/or complex issues to ensure the documents represent an appropriate binding commitment for the Bank.
- Recommends and shares ideas for new and updated department procedures, lending staff training, and documentation policy, procedure and form updates.
- Assists Loan Documentation Specialist 3 in drafting and maintaining departmental procedures for use in training of new employees and as a guide for department staff.
- Maintains current knowledge of banking and lending regulations and assures compliance with all Bank policies and procedures, as well as applicable state and federal regulations.
- Performs other job duties as assigned.
Estimated salary range:Â (DOE) plus annual bonus, medical, dental, vision, life, 401K, vacation
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