Loan Documentation Specialist

9 hours ago


Mt Pleasant, South Carolina, United States First Reliance Bank Full time
Job Description

We are seeking a highly skilled Loan Documentation Specialist to join our team at First Reliance Bank. As a key member of our Loan Administration Team, you will be responsible for complex, specialized technical tasks, problem-solving, and troubleshooting to ensure a seamless closing.

This position requires a high level of accuracy in task completion, timely responses, and superior service to ensure internal and external customer satisfaction, compliance with Regulations, and First Reliance Bank policies and procedures.

Key Responsibilities:

  • Prepare loan documents for all real-estate loans, including renewals and modifications.
  • Review and prepare Early Disclosures within defined regulatory time limits.
  • Monitor applications and closing dates to ensure timely document preparation.
  • Thoroughly understand loan documentation, compliance, and regulatory guidelines.
  • Schedule closings with attorneys and work with paralegals to ensure all items are complete.
  • Responsible for financial statement tracking and updating.
  • Responsible for uploading loans to core (RE) and assigning collateral tracking to each loan.
  • Order evaluations through SiteTech.
  • Demonstrate proper application of compliance regulations.
  • Adhere to all internal and regulatory guidelines.
  • Identify areas of weakness in our processes and research solutions.
  • Provide daily assistance to lenders with respect to credit policy and lending tools.
  • Confirm loans eligible for FHLBank and code them appropriately.
  • Perform post-closing review of closed loans to ensure accuracy and completeness.
  • Complete all compliance-based training prior to deadlines.
  • Demonstrate collaborative leadership and cross-department communication and coordination.
  • Assist and train other team members as needed.

Requirements and Qualifications:

  • High school degree.
  • 3-5 years of experience in the financial services industry in an operational role.
  • Extensive knowledge of commercial and consumer real estate loan documentation and servicing requirements.
  • Advanced knowledge of Jack Henry Xperience and LaserPro, as well as other software such as MS Outlook, Excel, and Word.
  • Good understanding of consumer and business lending activities, including products and services.
  • Ability to work effectively with limited supervision.
  • Excellent communication, customer service, and interpersonal skills.
  • Knowledge of loan policy and procedures.


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