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Loan Documentation Specialist

Bank Of Springfield
Posted a day ago, valid for 18 days
Location

Springfield, IL, US

Salary

$40,000 - $45,000 per year

Contract type

Full Time

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Sonic Summary

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  • The Loan Documentation Specialist (Commercial) is responsible for preparing and reviewing loan documentation for commercial and consumer loans, ensuring accuracy and compliance throughout the process.
  • This position requires a bachelor's degree or comparable work experience, along with knowledge of banking regulations and loan documentation.
  • Candidates must possess strong organizational and communication skills, as well as the ability to manage a high-volume workload independently.
  • The salary range for this position is $40,000.00 - $45,000.00 per year, depending on experience and qualifications.
  • Additional compensation may include bonuses, benefits, and other incentives.

Loan Documentation Specialist (Commercial)

About the Position

The Loan Documentation Specialist (Commercial) is responsible for preparing and reviewing loan documentation for commercial and consumer loans, ensuring accuracy and compliance throughout the process. This position requires strong attention to detail, organization, and the ability to manage a high-volume workload while working independently.

Essential Duties & Responsibilities

  • Prepare files and documentation for commercial and consumer loans
  • Review and understand title commitments
  • Understand legal entities and their requirements for lending
  • Understand commercial loan documents, collateral, and requirements for perfecting security interests
  • Scan and index loan documents
  • Utilize multiple software programs proficiently
  • Maintain accuracy and attention to detail throughout the loan documentation process
  • Other duties as assigned

Qualifications

  • Bachelor’s degree or comparable work experience required
  • Knowledge of banking regulations and commercial and consumer loan documentation
  • Strong organizational and communication skills
  • Detail-oriented with the ability to manage a high-volume workload
  • Ability to work independently and effectively problem-solve
  • Knowledge of Microsoft Office products preferred
  • High degree of typing accuracy preferred

Why Join Us?

At Bank of Springfield, we believe our employees are at the heart of our success. We offer a competitive compensation package and a variety of benefits designed to support our employees both personally and professionally.


Benefits May Include the Following:

https://www.bankwithbos.com/careers/

Salary Range: The salary range for this position is $40,000.00 - $45,000.00/year, depending on experience and qualifications. In addition to the base salary, compensation may include bonuses, benefits, and other incentives.




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