LOAN DOCUMENTATION SPECIALIST

Company: MapleMark Bank
Location: Dallas
Posted on: May 28, 2023

Job Description:

The Loan Documentation Specialist is responsible for all functions of loan origination, review, closing and servicing of loans.
Accuracy, timeliness, organization, and priority of daily functions is required as well as maintaining professional contact with all internal and external clients. Loans will be documented and originated in accordance with bank's loan policy, department procedures, and in compliance with regulatory guidelines. The ideal candidate will possess experience in documentation and closing of commercial and consumer real estate loans.
Duties and Responsibilities include the following -

• Prepare documents for internally documented loans. Ensure loan documentation complies with approved credit terms, bank policy and regulatory directives. Provide lending staff with itemized list of documentation needed to close.
• Confirm post-closing documentation is fully executed to ensure perfection of liens prior to disbursement of funds.
• Board loan information to core system, adding exception items and financial covenant requirements.
• Ensure timeliness and accuracy of preparation and mailing of early disclosures for consumer real estate loans. Review attorney prepared loan documents prior to closing for accuracy.
• Maintain proactive internal communication with lending staff, department manager, and team.
• Maintain knowledge and understanding of banking rules, regulations, laws and all policies and procedures pertaining to them.
• Manage financial and documentation exception processing. Review exception item and update core system to ensure reporting is accurate and complete.
• Work closely department manager on all functions related to development of new loan products and programs, including, but not limited to, funding, core system set up, modification, and payoff.
• Provide back up support for reviewing and processing purchased/sold participations advances, payments, and conversions.
• Process line of credit advance requests, including, but not limited to, construction and borrowing base lines.
• Adhere to MapleMark Bank's policies and support management decisions and goals in a positive, professional manner.
• Represent MapleMark Bank with a high level of integrity and professionalism.
• Provide feedback to management regarding ideas on process improvements and efficiencies.
• Perform any other duties as assigned. Qualifications
  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Proficient in loan document origination and review, loan closing, and servicing processes
  • Knowledge of loan core system(s), loan documentation system, products and other services as required; proficiency with LaserPro and FIS Horizon a plus
  • Consumer loan knowledge (including mortgage lending) and experience ideal
  • Ability to exercise judgment and discretion in confidential matters Education and/or Experience
    • College degree in Business, Finance or equivalent, or commensurate work-related experience
    • Minimum of four (4) years of loan operations experience Supervisory Responsibilities
      • None Computer Skills
        • To perform this job successfully, an individual should have knowledge of the Internet, Outlook, Microsoft Word and Excel. Ability to use basic office machines. Bank Culture/Customer Service Skills
          • Ability and judgment to interact and communicate appropriately with other employees, customers and supervisor. Ability to serve customers, both internal and external, (community/public) in a manner that will reflect superior customer relations and enhance the overall marketing effort of the Bank.
            Physical Demands
            While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus.
            Work Environment
            The noise level in the work environment is usually moderate. This job description reflects management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. The Bank shall, in its discretion, modify or adjust the position to meet the Bank's changing needs. This job description is not a contract and may be adjusted as deemed appropriate in the Bank's sole discretion.

Keywords: MapleMark Bank, Dallas , LOAN DOCUMENTATION SPECIALIST, Other , Dallas, Texas