Apply on Employer Site

Capital Bank, N.A. · 1 day ago

Sr. Loan Administration Specialist

Rockville, MD

Full-time

Hybrid

Mid, Senior Level

$65K/yr - $95K/yr

6+ years exp

Capital Bank, N.A. is a publicly traded company headquartered in Maryland, providing commercial and consumer banking services. The Sr. Loan Administration Specialist is responsible for delivering high-quality customer service, supporting loan servicing, and maintaining compliance with banking policies and legal requirements.

BankingCommercial LendingFinanceFinancial Services

Responsibilities

Completes loan support functions for new and renewed loans:

Verifies loan information by comparing data and confirming that the coding is accurate and in compliance with Bank’s policy and legal requirements

Updates Core and ancillary Systems to accurately affect loan documentation and to set up taxes and insurance tracking

Review closing package for completeness post-closing

Prepare the forms for input into the loan accounting system. Prepares and enters loan transactions to the Bank’s core for loan activation and ensures costs associated with the loan are posted to the correct general ledger accounts

Ensures certain core loan documentation is timely uploaded to the Bank’s Imaging System

Tracks loan collateral instruments to ensure recorded documents are returned perfected and the accurate by using tickler systems established on the Bank’s core system

Receives and processes loan advances:

Review requests for advances for all required documentation

For Construction Loan Draws, for proper insurance requirements are met prior to each draw

Prepares the transaction for input into the loan accounting system

Ensures the request and supporting documentation are timely uploaded to the Bank’s Imaging System

Receives perfected loan collateral documents:

Review recorded collateral documents to ensure properly recorded

Update tickler system

Ensure the documentation is timely uploaded to the Bank’s Imaging System

Receives loan payoff requests:

Reviews the request and prepares the payoff statement in accordance with the loan documentation

Receives and processes the payoff in the loan accounting system

Prepares lien releases and sends to appropriate party for processing

Ensures payoff and release documentation is timely uploaded to Imaging System

Ensures the collateral records in the loan accounting system are properly updated to reflect any released or changed collateral

Performs loan maintenance and manages request queues to meet department SLAs, such as:

Loan Research

Loan Payments

Statement requests

Borrower Base updates

Assist with training less experienced staff on department processes and procedures

Helps manage workflow during high volumes

Suggests solutions and assists with implementation of new processes and procedures

Works with accounting to research transactions and reconciliation of loan gls

Leads organization efforts within the department to help streamline processes

Skilled at bank loan transactions and practices

Other Duties as Assigned, such as:

Provides documents for internal and external auditors

Assists with special projects

Participates in any department activities to promote efficiency and quality

Cross trains to learn other job duties within the department

Qualification

Loan ServicingLending regulationsMicrosoft Office SuiteFiServ Premier & NavigatorAbrigoAptitude to learn softwareCollateral perfection knowledgeCommunication skills

Required

High School Diploma or

6 years bank experience or paralegal experience in a real estate law practice

Knowledge of lending and banking policies, procedures, and regulations

Microsoft Office Suite, FiServ Premier & Navigator, Abrigo

Loan Servicing

Excellent written and oral communication skills

Knowledge of lending and operational compliance regulations

Educated on collateral perfection documentation and requirements

Aptitude to learn new banking software

Preferred

1-2 years previous loan department experience preferred

Benefits

Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more?

Company Contributions to your 401k - Regardless of your contribution

Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!

Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities

Company

Capital Bank, N.A.

Capital Bank N.A., headquartered in Rockville, Maryland is a Maryland chartered commercial bank that offers commercial and consumer banking services to clients in the Washington D.C.

Founded in 1998

Rockville, Maryland, USA

201-500 employees