Loan Release Specialist jobs in United States
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U.S. Bank · 7 hours ago

Loan Release Specialist

U.S. Bank is committed to helping customers and businesses make better financial decisions. The Loan Release Specialist coordinates the preparation of loan and lease packages, ensuring compliance with policies and regulatory guidelines while communicating with various stakeholders to resolve issues and obtain necessary documents.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Coordinates the preparation of loan/lease packages in compliance with policies and procedures, regulatory guidelines and investor standards by gathering and reviewing necessary documents and information within designated time frames
Communicates with staff, customers/clients, realtors, brokers, counsel, title companies, etc. to respond to inquiries, resolve problems and obtain additional documents needed to complete the file
Ensures compliance with internal policies, regulatory and investor requirements and customer service standards
May coordinate the closing and funding of assigned loan packages; calculating final closing costs and disbursing funds

Qualification

Loan documentationRegulatory complianceDocumentation softwareClosing proceduresCritical thinkingComputer proficiencyOrganizational skillsVerbal communicationWritten communicationAttention to detail

Required

High school diploma or equivalent
Typically two to four years of relevant experience

Preferred

Basic knowledge of legal documents used to support applicable loan/lease processing
Ability to identify and resolve/escalate complex problems with minimal guidance
Ability to apply critical thinking for all elements of loan documentation construction
Ability to master the bank's documentation software
Basic knowledge of closing policies and procedures, funding policies, underwriting requirements, governmental and agency requirements, terminology and automated processing systems
Basic knowledge of applicable credit policies and approval processes for assigned product(s)
Ability to work effectively and accurately in a fast paced, high production, professional environment
Strong organizational skills
Effective verbal and written communication skills
Attention to detail with a high level of accuracy
Working in a fast-paced environment
Experience with various computer programs and applications
Experience communicating verbally, and written with positive outcomes

Benefits

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Company

U.S. Bank

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At U.S.

Funding

Current Stage
Public Company
Total Funding
$991M
Key Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO

Leadership Team

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John C Stern
CFO
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Shruti Patel
Executive Vice President & GM, CPO- Business Banking segment
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Company data provided by crunchbase