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Johnson Financial Group · 23 hours ago

Loan Quality Specialist

Racine, WI

Full-time

Onsite

Mid Level

3+ years exp

Johnson Financial Group is seeking a Loan Quality Specialist who possesses a thorough understanding of loan documentation principles. The role involves ensuring compliance with state and federal laws in loan documentation and performing audits on loan packages to maintain regulatory standards.

Financial ServicesInsuranceLocal Business

Work & Life Balance

Responsibilities

Ensures that all internally prepared consumer and commercial loans, extensions, modifications, and renewals and Lease Documents documented according to the approved credit presentation in accordance with the Bank's loan policy and are in compliance with applicable banking regulations as well as any other requirements designated by the credit approval authority

Performs pre-closing and full file audits for commercial leases, commercial and consumer loans documented through the loan documentation system to ensure compliance with credit, regulatory and collateral terms of the approval

Reviews title reports, UCC searches and other collateral perfections to ensure that the chain of title is satisfactory and does not contain exceptions that are unacceptable to the bank

Works with commercial and consumer lending documentation associates to provide detailed analysis of findings along with action plan for required resolution

Maintain knowledge of commercial and consumer loan documentation requirements, and Commercial Lease Documents, and remains current on all pending and proposed state and federal regulatory changes impacting commercial and consumer lending and leasing

Maintain and update Pre-Close procedures

Conducts a comprehensive and timely post loan closing review of commercial and consumer loan packages and leasing packages, ensuring service level agreement (SLA) is met

Records liens on collateral and ensures collateral is perfected per loan approval, make any necessary changes on Recorded Documents that are rejected or received back from register of deeds due to incorrect information or changes in legal description or other pertinent information. Research as needed and Re-Record document to ensure collateral lien position perfected correctly

Other duties as assigned