Loan Documentation Specialist

GENERAL FUNCTION:

Responsible for Commercial Loan Documentation and coordination of closing.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

1. Documents new commercial loans on Laser Pro System
2. Document consumer CD and vehicle loans via the Banker Insight and Laser Pro System.
3. Document modifications, extensions and renewals of commercial loans.
4. Orders UCC Searches, Good Standings on Company’s, Judgment Tax Lien Searches, Title Commitments, OFAC and Flood Searches.
5. Assist in the closing of a loan by setting up closing dates and times. Submitting the loan package to the Title Company and assuring that the banks receives appropriate documents from Title Company.
6. Assist in supervising and training other department members as well as to assign the specific projects and tasks to other department members from time to time.
7. Primary duty includes the exercise of discretion and independent judgment relative to preparation of loan documentation.
8. Assume additional responsibilities as requested by direct supervisor.
9. Support the banks In-house Attorney with his documentation of larger new commercial loans.
10. Maintains all commercial loan files, pre and post closing, by creating the new credit file and scanning it into TREEV.
11. Collect, review and process CRA data in coordination with the Compliance Department.
12. Backscan all existing commercial credit files into TREEV with the aid of department staff members.
13. Maintain the Bank’s financial information tickler log according to its procedure

SUPERVISORY RESPONSIBILITIES:

• N/A

EXPECTATIONS:

• To meet and/or exceed your goals.
• To accurately prepare loan documentation in accordance with approvals and the Bank’s loan policy and procedures

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• High school education
• Two years of related experience
• Knowledge of Laser Pro System

ADDITIONAL RESPONSIBILITIES:

Every employee of Republic Bank is responsible for knowing and practicing Bank Secrecy Laws (AML/CIP/SAR/CTR/OFAC), the USA Patriot Act, and other related regulations as they relate to their specific job function. Training will be provided during your Introductory Period and annually thereafter. If you need additional training, you are responsible for contacting your immediate supervisor.

WORKING CONDITIONS:

• Normal office environment with little exposure to dust, noise, temperature and the like.
• Requires manual dexterity sufficient enough to operate offices machines such as computers, fax machines, calculators, telephones, and other office equipment.
• Extended viewing of CRT screen.
• Moderate lifting up to 50 pounds.
• Repetitive hand and arm movement.v
• May require excessive sitting, standing, bending and reaching.
• Normal range of hearing and vision.
• Must be able to drive/have transportation.