Loan Documentation and Post Closing Specialist at First National Bank

Altavista, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Oct, 26

Salary

0.0

Posted On

11 Jul, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Booking, Loan Documentation, Compliance Verification, Loan Payment Processing, Collateral Release, Core Loan Systems, Audit Conduct, Interpersonal Communication, Risk Management, Clerical Operations

Industry

Banking

Description

Description First National Bank is seeking a detail-oriented and dedicated Loan Documentation & Post-Closing Specialist to join our Credit Management team. In this role, you will be responsible for booking loans, imaging and verifying the accuracy of loan documents, ensuring compliance standards are met, identifying exceptions, and processing loan payments. If you have a keen eye for detail, thrive in a fast-paced environment, and are committed to delivering quality work, this could be the perfect opportunity for you! What’s in it for you? Competitive salary and other bonus opportunities Comprehensive medical, dental, vision and life insurance benefits Generous Paid Time Off (PTO) and 11 paid holidays Paid Parental Leave and other paid extended leave for eligible employees 401(k) Match Program and Pension Plan Tuition Reimbursement Great health and well-being benefits including: telehealth, EAP, specialized treatment of musculoskeletal injuries and conditions, LTD, and various supplemental plans We focus on the growth and development of our employees. Loan Documentation & Post-Closing Specialist at First National Bank have a variety of career paths and the ability to build the career they desire What will you be doing in this role? Provides daily support to Loan Officers and external customers with functional knowledge of the Bank’s loan products and processing of simple to moderately complex loans. Assists Loan Officers and other internal customers with recorded loan documentation, adds and removes ticklers, and clears technical loan exceptions. Reviews loan files to verify that required documents are present and completed fully and accurately. Accurately and efficiently inputs loans into Bank’s core loan system. Works tight deadlines and time constraints while maintaining a low error rate. Ability to complete a variety of loan processing transactions such as loan and participation payments, quoting and processing loan payoffs, posting general ledger entries, preparing information for collections, and processing denied loan applications. Releases collateral on loans as appropriate. Retains original loan files, collateral files, and credit files as required by loan policy, procedure, and regulatory guidelines. Responsible for establishing and maintaining official documents and records in appropriate files. Conducts periodic audits on files and purges obsolete information as appropriate. Collaborates with team members and Management to foster a healthy and effective work environment that continuously improves processes and manages risk. Requirements What will you need? High School graduate or equivalent required. Associate's or Bachelor's degree in business, finance, or a related field preferred. Minimum of six months of clerical or loan operations experience required. Experience with all Consumer, Dealer, and Real Estate loans desired. Works well both independently and in collaboration with others with minimum supervision. Ability to learn and retain knowledge of Bank loan products and services, delivery channels, relevant banking regulations, and operational policies and procedures. Strong interpersonal and verbal communication skills with ability to understand and carry out instructions, produce reports, organize information, speak clearly and effectively communicate information to customers, peers and management. Demonstrates an aptitude for banking and exhibits proficiency in all areas of loan documentation and maintenance within first year of employment. Physical/Environmental Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions. This position works in a normal office environment. While performing the duties of this job, the employee is regularly required to talk and hear. The employee is frequently required to stand, walk and sit. The employee is occasionally required to reach with hands and arms. The employee may occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision. We are proud to be an EEO/AA/M/F/Disabled/Veteran employer

Responsibilities

Responsible for booking loans, verifying the accuracy of loan documentation, and ensuring compliance with regulatory standards. The role involves processing loan payments, managing collateral, and maintaining official credit files.