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Loan Processing Specialist

2 months ago

Phoenix, Arizona, United States Calculated Hire Full time

Job Overview:

This role involves assisting the corporate lending division by ensuring quality control throughout the small business loan procedure.

Key Responsibilities:

  • Assist in executing various loan documentation tasks for moderately complex loans to guarantee adherence to company policies and procedures related to loan products.
  • Handle loan documentation for moderately complex loans.
  • Facilitate the processing and closing of loan products.
  • Interpret loan documentation guidelines while evaluating applicants, properties, and necessary documentation, ensuring all required verifications and follow-ups are conducted.
  • Receive guidance from the Loan Documentation supervisor and escalate any non-standard inquiries.
  • Oversee a designated pipeline of loans and provide mentorship and training to fellow Loan Documentation staff.
  • Collaborate with the immediate Loan Documentation team and relevant functional areas on standard processes.

Essential Skills:

  • Proficient in Microsoft Office applications (Excel, Outlook, etc.).
  • Experience with loan documents, loan administration, and/or loan processing.
  • A minimum of 2 years of experience in a large corporate environment comparable to that of major financial institutions.

Interpersonal Skills:

  • Meticulous attention to detail is essential.
  • Effective communication skills for addressing issues/errors and managing a high volume of work.