Post-Closing Loan Administrator

2 weeks ago


Birmingham, Alabama, United States Oakworth Capital Bank Full time

Company Overview: Oakworth Capital Bank is a reputable financial institution committed to delivering exceptional service to our clients.

Position Summary: We are seeking a dedicated Loan Coordinator, Post Closing to enhance our operations. This full-time role is essential in ensuring our clients receive outstanding support throughout the loan process. The ideal candidate will embody our Core Values: Golden Rule, Character, Innovative Spirit, Professionalism, Work Ethic.

Key Responsibilities:

  • Oversee the completion of funding for finalized loans, including renewals and modifications within our systems. Manage disbursements associated with loan transactions, ensuring accurate collection and allocation of interest and fees.
  • Guarantee lien perfection by executing all necessary recordings and acknowledgments, adhering to the loan process to maintain safety and soundness.
  • Conduct thorough post-closing audits of all documentation to confirm compliance with approved loans and internal systems.
  • Collaborate with Client Advisors to provide loan support, setting clear expectations for clients regarding upcoming transactions.
  • Identify and implement strategies to enhance efficiency and streamline processes, focusing on minimizing redundant efforts.

Daily Responsibilities:

  • Facilitate the funding of all loans post-closing, ensuring accurate setup of interest rates, payment schedules, and collateral.
  • Ensure all liens on collateral are perfected and that closing costs are settled as required.
  • Engage in daily reconciliations and general ledger management, reviewing reports and addressing any issues that arise.
  • Assist lending staff with inquiries and challenges related to loan processing.

Qualifications:

  • Associate's degree or a combination of three to five years of relevant experience and training.
  • Strong attention to detail and organizational skills.
  • Experience with banking systems such as Horizon, FLO, and CRM systems is highly desirable.
  • Proficiency in Microsoft Office Suite is essential.


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