S&T Bank · 1 day ago
Loan Records Specialist I
Indiana, PA
Full-time
Onsite
New Grad, Entry Level
$15/hr - $21.15/hr
0+ years expS&T Bank is a financial institution seeking a Loan Records Specialist I to support their Loan Records department. The role involves performing various clerical duties, including document verification, tracking, and quality control of loan documents for both commercial and consumer loans.
BankingFinancial ServicesWealth Management
Responsibilities
Maintains a good working relationship with all bank employees
Demonstrates the ability to work independently
Works as a team player to contribute to the success of the department and in turn the organization
Document verification of new and modified commercial loans
Identification of missing documents, signatures, dates, and collateral to be tracked for renewal
Setup tracking of document exceptions and collateral in tickler systems
Preparation of loan documents for scanning, quality control of images, retention of required original documents and destruction of remaining physical documents
Document importing, filing, retrieval and research of loan documentation
Researches and resolves questions for internal and external customers
Assumes additional duties as required
Setup tracking of document and collateral exceptions for the consumer loan exception report in the tickler systems
Preparation of loan documents for scanning, quality control of images, retention of required original documents, and destruction of remaining physical documents
Document importing, filing, retrieval and research of loan documentation
Researches and resolves questions for internal and external customers
Assumes additional duties as required
Document imaging of loan documents, tax receipts, participation shadow files, insurance policies, trailing loan documents, and system maintenance forms
Indexing of documents to the designated loans
Quality control of the images, retention of required original documents, and destruction of remaining physical documents
Review new account source and name change reports
Request FNMA paid loan notes from BNY Mellon
Sorting of incoming insurance mail by new policies, renewals, cancellations, and reinstatements
Indexing of documents to the designated loans and quality control of the images
Review of collateral insurance policies for required information
Format Excel spreadsheets for tracking of collateral insurance
Work insurance reports and update tickler systems for renewal policies on consumer loans
Follow up on cancellations with agents and lenders
Prepare hazard force placed checklists and flood calculation worksheets for lapsed or insufficient insurance coverage on consumer loans
Submit transmittals for force placement of insurance on consumer loans
Produce customer form letters in Microsoft Word
Document importing, filing, tracking, retrieval and research of consumer loan documentation
Researches and resolves questions for internal and external customers
Assumes additional duties as required
Review paid loan reports and pull physical loan folders for processing
Release of collateral held on loans: vehicle titles, assignment of life insurance, brokerage or stock, and termination of UCC filings
Preparation of partial real estate releases and mortgage/assignment of rent satisfaction pieces for satisfaction of liens at the courthouses
Update collateral tracking items in tickler systems
Calculation of prepayment penalties and loan payoff quotes/letters
Issuance of letters of guarantee of vehicle title
Produce and mail paid loan letters to borrowers
Document importing, filing, tracking, retrieval, and research of loan documentation
Quality control of images, retention of required original documents and destruction of remaining physical documents
Researches and resolves questions for internal and external customers
Assumes additional duties as required
Qualification
Required
Requires a high school diploma or equivalent basic academic education
Up to one year required general experience
Operates a keypad device or office equipment: 90% of the day
Standing is required 10% of the day which includes bending
Sitting is required 90% of the day in a straight position
Walking is required 5% of the day which is slow in speed
Routinely lifts 10 lbs
Must be able to occasionally lift and/or move up to 25 lbs
Company
S&T Bank
S&T Bank was founded in 1902 as “Savings & Trust Company of Indiana” with a single location in Indiana, Pennsylvania.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1992-04-24IPO
Leadership Team
Chris McComish
Chief Executive Officer
Bill Kametz
Executive Vice President, Deputy Chief Credit Officer
Recent News
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