Loan Documentation Specialist

2 days ago


Colorado Springs, Colorado, United States ANB Bank Full time
Job Summary

ANB Bank is seeking a skilled Loan Documentation Specialist to join our team. As a Loan Documentation Specialist, you will be responsible for preparing, quality controlling, and delivering loan documentation for all loan types across various regions of the bank.

Key Responsibilities
  • Maintain a current knowledge and consistent compliance with Bank Secrecy Act (BSA) requirements, Gramm-Leach-Bliley Act (GLBA), and other banking regulations and Bank policies and procedures related to the position.
  • Maintain a thorough understanding and continuing knowledge regarding regulatory loan compliance, state laws, bank's credit policy, internal procedures, consumer disclosures, including but not limited to, TRID, RESPA, HMDA, and any other overlapping areas of compliance related to loan documentation.
  • Assist with and act as a reference point to lending staff in their various loan process and system duties.
  • Deliver quality of service as defined by department standards.
Loan Documentation Functions
  • Monitor and track incoming loan requests on a central report and assign loans for processing to a loan processor.
  • Accurately prepare all loan documentation required to properly document a loan and perfect the Bank's security interest in collateral, ensuring compliance with state laws, regulatory agencies, bank's internal procedures, and policy requirements.
  • Input loan information into various operating systems (including Laser Pro and the core system).
  • Ensure loan documentation is prepared in accordance with the loan approval.
  • Work through quality control process to ensure accuracy.
  • Maintain checklists and worksheets for documentation compliance.
  • Meet loan document delivery deadlines to ensure customer closing times are met.
  • Inform management and/or lending staff of any documentation issues including missing documentation and/or the need to follow-up as appropriate.
  • Correction of any loan documentation as needed.
Requirements
  • Loan Documentation Specialist I: One year of prior banking experience; or equivalent combination of education and experience.
  • Loan Documentation Specialist II: At least two years of prior banking experience; or equivalent combination of education and experience.
  • Loan Documentation Specialist III: At least four years of prior loan documentation experience; or equivalent combination of education and experience.
Work Schedule

Monday - Friday, 8:00am - 5:00pm

Equal Opportunity Employer

ANB Bank is committed to providing Equal Opportunity in Employment. The Bank is continually trying to improve recruitment, employment, development, and promotional opportunities for its employees. Our selection decisions are based on job-related factors and not on the basis of age, race, sex, color, religion, national origin, disability, sexual orientation, veteran status, pregnancy, marital status, genetic information, gender identity, or any other status protected by federal, state, or local law.



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