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Pinnacle Bank · 4 hours ago

Loan Documentation Specialist

Elberton, GA, US

Full-time

Onsite

Entry Level

1+ years exp

Pinnacle Bank is seeking a Loan Documentation Specialist I to prepare and follow up on documents for loan closings. The role involves ensuring compliance with regulatory requirements and coordinating with loan officers and settlement agents to ensure proper documentation for transactions.

BankingFinanceFinancial Services

Responsibilities

The Loan Documentation Specialist is responsible for the preparation and follow-up of documents for loan closings within the bank's loan origination systems

They are responsible for ensuring compliance with regulatory requirements and conformance with Bank policies and procedures

They will work closely with the loan officers as well as the Bank’s approved settlement agents, coordinating loan closings and obtaining the necessary documentation needed for the transaction to ensure that the loan package is compliant according to regulatory guidelines and that lien attachment has been properly established

The Loan Processor will work with the loan officers to clear document exceptions both prior to and post-closing

The employee will support the bank's strategic goals, vision, mission, core values, service standards and service philosophy in actions, words and deeds

Qualification

Loan ProcessingCompliance KnowledgeFinancial Statement AnalysisMicrosoft OfficeSharePointResearch SkillsGeneral Accounting KnowledgeLeadershipAttention to DetailCreative Thinking

Required

High school diploma

Loan Processor: Preferably three or more years (one year minimum) of banking experience, preferably in the area of lending

Administrative Assistant: Three or more years of experience as an administrative assistant or in a related job

Must have a basic knowledge of the bank's products and services

Must have a willingness to serve

Must be able to function efficiently in a network environment and have a working knowledge of Microsoft Office and SharePoint

Must be able to function efficiently on a general business level of math, possess general accounting knowledge (i.e. debits, credits, and an understanding of the bank's account reconciliations)

Project a professional image by adhering to guidelines in the employee handbook

Must be able to collect, research, and analyze information skillfully

Must be a self-starter, a creative thinker, flexible, eager, nurturing, open to change and exhibit good judgment

Must be a leader by example, attentive to detail, work well with others and responsive to supervisory guidance

Must be able to read credit reports and other tools necessary to accomplish position responsibilities

Must know how to read financial statements to include the balance sheet, profit & loss statement, and cash flow statement

Must be able to identify and interpret trends in financial data

Must have a general knowledge of Generally Accepted Accounting Principles (GAAP) to include understanding the significant differences between Audited, Complied, and Reviewed financial statements

Must have a clear understanding of the concepts of working capital. How is it defined? What are the working capital accounts? How does the operating cycle affect these accounts?

Must have a working knowledge of compliance guidelines for the bank and the industry