Loan Operations Specialist
6 days ago
Job Summary:
Madison-Davis, LLC is seeking a highly skilled Loan Administrator to join our team. As a Loan Administrator, you will play a critical role in the loan origination process, ensuring that all necessary documentation is assembled and that the loan is prepared for funding.
Key Responsibilities:
- Loan Origination: Assemble all necessary documentation for loan origination, including financial statements, credit reports, and appraisal reports.
- Loan Preparation: Coordinate with internal bank departments and title companies to prepare the loan for funding, including ordering reports and clearing any issues.
- Closing Coordination: Coordinate loan closings with the loan officer, title company, and loan services, ensuring that all parties are aware of the closing details.
- Loan Maintenance: Assist the loan officer with loan maintenance items, such as change of address, advance requests, and ordering checks.
- Compliance: Complete all required product, service, and compliance training as it relates to the position and employment with the bank, and adhere to BSA policy and procedures.
- Professional Ethics: Perform all duties consistent with professional ethical standards, including reporting any observed ethical violations to the appropriate management, management and/or board level committees, and/or the bank's ethics hotline.
Requirements:
- High school diploma or equivalent required; associate's or bachelor's degree in a related field preferred.
- Minimum 2 years of experience in loan administration or a related field.
- Strong knowledge of loan origination and processing procedures.
- Excellent communication and organizational skills.
- Ability to work in a fast-paced environment and meet deadlines.
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