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First Fidelity Bank · 2 weeks ago

Loan Documentation Specialist

Oklahoma City, OK

Full-time

Onsite

Entry Level

1+ years exp

First Fidelity Bank is looking for talented and enthusiastic team members with a passion for service excellence. The Loan Documentation Specialist supports Commercial and Retail Banking Teams through the timely and accurate preparation of various loan documents, ensuring compliance with regulatory requirements and coordinating with clients and colleagues for smooth loan processing.

BankingFinanceFinancial Services

Responsibilities

Represents the bank in a positive, courteous, friendly, and professional manner, including telephone, email, and other methods of communicating

Gathers, and evaluates information from loan clients, title companies, and other parties, such as tax returns, collateral information, financial documents, etc

Responsible for creating commercial, real estate, and consumer loan promissory notes, loan agreements and all other types of documents in accordance with the terms and conditions of credit policy and approval and in compliance with local, state, and federal regulatory requirements

Responsible for security of loan documents, including the perfection of the Bank’s interest in collateral and protection of documents which represent the Bank’s security interest (i.e. security agreements, recorded deeds, vehicle titles, UCC-1 forms, etc.)

Responsible for ensuring that loan document packages are complete and ready for funding and boarding including coordination with title and/or escrow companies for closing

Responsible for meeting service level guarantees for provision of loan documents based on scheduled loan closings

Communicates and coordinates with bank colleagues to collect additional information needed to prepare loan documents

Responsible for timely and accurate booking and funding of loans. Performs a pre- and post-documentation review of loan documentation

Responsible for requesting title work, appraisals, and flood determinations for real estate secured loans

Responsible for requesting new credit card requests as well as increases to credit cards for consumer and commercial clients

Prepares general correspondence and all types of commercial, real estate, and consumer loan documents

Responsible for payment of loan related invoices

Completes special projects as assigned by Loan Operations Management

Performs other related duties as assigned

Qualification

Loan documentation experienceRegulatory knowledgeLoan policies understandingTyping skillsCommunication skillsProblem-solving abilityTeamworkAdaptabilityTime management

Required

High school degree or equivalent required

A positive attitude and excellent communication and interpersonal skills

Proficient typing and computer skills including Word and Excel

Ability to read, comprehend and evaluate detailed and complex loan documents

Ability to quickly learn new skills and apply to role

Thorough understanding and familiarity of the bank's loan policies and procedures

Ability to work independently to resolve problems and complete complex loan transactions

Thorough knowledge of regulatory and legal issues encountered in the completion and closing of complex commercial, real estate, and consumer loans

Exceptional understanding of needs to provide client focused service

Thorough knowledge of title policies, UCC guidelines, lien filing and mortgage/deed of trust filing

Thorough knowledge of loan regulations, including but not limited to, Equal Credit Opportunity Act (Reg B), Fair Credit Reporting Act (Reg V), and Real Estate Settlement Protection Act (Reg X), Truth in Lending Act (Reg Z)

Detail oriented, high level of flexibility and adaptability, enabling individual to work in a fast-paced environment. Must be well-organized and display excellent time-management skills

Ability to multi-task and work multiple loan files at one time while maintaining reference for each file

Strong team focus with ability to work effectively in a team environment