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Loan Post-Closing Specialist I-Russellville, AL
2 months ago
**Job Summary:**
As a Loan Post-Closing Specialist I at CB&S Bank, you will play a critical role in ensuring the smooth processing of real estate loans, commercial and consumer loans, after the closing of a loan. You will assemble and review loan documentation to ensure compliance with regulations, policies, and procedures.
**Key Responsibilities:**
- Assemble and review loan documentation to ensure compliance with regulations, policies, and procedures.
- Disburse third-party fees to vendors and balance loans.
- Log in closed loans, maintain a log, and organize closed loan packages.
- Prepare and mail checks to third-party vendors and county probate offices.
- Complete general ledger tickets and balance loans.
- Assist lending officers in processing loans and correspondence.
- Review real estate appraisals and title insurance for exceptions regarding mortgage loans.
- Prepare and mail good faith estimates and advance truth in lending disclosures.
- Monitor the status of documentation and prepare weekly status reports.
- Coordinate loan closings with loan officers, customers, and attorneys.
- Distribute funds accordingly after a loan closing.
- Maintain government records on loan files and prepare procedural forms on closed loans.
- Prepare documentation for mortgage releases.
- Assist customers with questions or problems with their loan accounts.
- Communicate with auditors from state, federal, and independent agencies.
**Requirements:**
- High school graduate or equivalent.
- One to two years of clerical and loan operations experience.
- Four to five years experience as a real estate loan secretary, closing agent, or equivalent experience.
- Proven knowledge of loan policies and procedures.
- Intimate knowledge of Real Estate Settlement and Procedures Act, Truth in Lending, and Home Mortgage Disclosure Act.
- Excellent organizational skills and communication skills, both verbal and written.
- Demonstrated ability to interact with customers and employees, and listen effectively.
- Demonstrated ability to adapt to and use other PC-based software packages.
- Ability to see, hear, talk, perform repetitive motion tasks, and tasks using only fingers.
- Ability to sit for extended periods of time.
- Ability to transmit information in written form.