Consumer Loan Documentation Specialist II jobs in United States
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S&T Bank · 4 months ago

Consumer Loan Documentation Specialist II

S&T Bank is a financial institution seeking a Consumer Loan Documentation Specialist II. The role involves the efficient and accurate preparation of non-real estate consumer loan documents according to bank policy and compliance regulations, ensuring timely delivery to bankers for closing.

BankingFinancial ServicesWealth Management
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Growth Opportunities

Responsibilities

Acquires and maintains detailed knowledge of products, all applicable laws, and S&T Bank’s Lending Policy to ensure compliance
Maintains proficiency in Documentation Software, Microsoft Word, Excel, Internet searches, E-mail, I.B.S., Consumer Loan Origination System, and Optima along with the upgrades to these programs or replacement software and any other conduit available to process applications as well as prepare required documents
Ensures hazard insurance has appropriate limits and coverage for vehicle loans
Ensures homeowners insurance and flood insurance have appropriate limits, coverage, effective dates, and S&T Bank listed in the proper mortgagee position for home equity loans
Monitors the S&T Closing Date Report to ensure loan documents are prepared based off closing dates requested
Satisfy underwriting stipulation(s) according to conditional approval
Reviews and verifies all supporting documents from third party and bankers to prepare the consumer loan documents. Makes changes to the loan package as necessary
Updates product log, Documentation Checklist, and internal closing calendar (on an ongoing basis) as work is completed
Assists in the training and development of Consumer Bankers, and maintenance (including updates) of the Consumer Loan Desktop Procedure to be used as both a training and reference manual
Prepares documents for consumer loans, following all federal and state regulations, which include verifying all conditions of the approved loan have been met prior to the release of documents for closing with borrowers
Maintains a good working relationship with bank employees. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization
Performs all additional duties as required

Qualification

Documentation SoftwareConsumer Loan Origination SystemMicrosoft WordMicrosoft ExcelInterpersonal Skills

Required

Requires a high school diploma or equivalent basic academic education
One to two years general experience
Acquires and maintains detailed knowledge of products, all applicable laws, and S&T Bank's Lending Policy to ensure compliance
Maintains proficiency in Documentation Software, Microsoft Word, Excel, Internet searches, E-mail, I.B.S., Consumer Loan Origination System, and Optima along with the upgrades to these programs or replacement software and any other conduit available to process applications as well as prepare required documents
Ensures hazard insurance has appropriate limits and coverage for vehicle loans
Ensures homeowners insurance and flood insurance have appropriate limits, coverage, effective dates, and S&T Bank listed in the proper mortgagee position for home equity loans
Monitors the S&T Closing Date Report to ensure loan documents are prepared based off closing dates requested
Satisfy underwriting stipulation(s) according to conditional approval
Reviews and verifies all supporting documents from third party and bankers to prepare the consumer loan documents. Makes changes to the loan package as necessary
Updates product log, Documentation Checklist, and internal closing calendar (on an ongoing basis) as work is completed
Assists in the training and development of Consumer Bankers, and maintenance (including updates) of the Consumer Loan Desktop Procedure to be used as both a training and reference manual
Prepares documents for consumer loans, following all federal and state regulations, which include verifying all conditions of the approved loan have been met prior to the release of documents for closing with borrowers
Maintains a good working relationship with bank employees. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization
Performs all additional duties as required

Company

S&T Bank

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S&T Bank was founded in 1902 as “Savings & Trust Company of Indiana” with a single location in Indiana, Pennsylvania.

Funding

Current Stage
Public Company
Total Funding
unknown
1992-04-24IPO

Leadership Team

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Chris McComish
Chief Executive Officer
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Bill Kametz
Executive Vice President, Deputy Chief Credit Officer
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Company data provided by crunchbase