Logo
Bonvenubank

Loan Processing Specialist I

Bonvenubank, Bossier City, Louisiana, United States, 71111

Save Job

Loan Operations 2711 E Texas St Bossier City, LA 71111, USA

This position performs the daily functions associated with the accurate preparation and review of all loan documents while ensuring compliance with bank regulations and the Banks policies and procedures while perfecting bank’s interest in collateralized loans to reduce risk.

Job Requirements

Thorough knowledge of the Banks loan policies and regulations governing the banking and lending industry

Understanding of the Banks credit policy and loan documentation policy

Working knowledge of Loan Operations Systems which includes but not limited to LaserPro (document generation), DecisionPro (loan decision software), Horizon, FCM (imaging system) and all other 3rd party systems used in loan processing

Broad working knowledge of lending products, loan processing, collateral documents, loan documentation, and collections

Ability to prioritize to operate efficiently in a fast paced environment to meet tight deadlines

Excellent organizational and time management skills

Ability to manage multiple priorities efficiently

Must be self‑motivated and able to work independently

Excellent and effective oral and written communication skills

Detail oriented with attention to accuracy

Excellent analytical and problem solving skills

Thorough working knowledge of Microsoft Edge and Microsoft Office

Specific Job Functions

Accurately prepare loan documentation within required time frame including but not limited to promissory notes, security/pledge agreements, mortgages, deeds of trust, and other supporting collateral documentation for consumer and commercial loans as well as SBA, construction, etc.

Using credit approval, verify loan to value limits and determine loan structure and documentation required from borrower and lender to perfect collateral

Review preliminary title reports, entity documents, appraisals, and other required documentation for information relevant to loan documentation and collateral perfection

Review loan documents for accuracy prior to release to confirm they meet all required compliance, terms and conditions of loan approval and the Banks policy and procedures

Ensure all documentation is prepared in compliance with all applicable federal, state and local laws

Audit existing collateral documents to guarantee the accuracy and perfection of them including but not limited to resolution signers, terms and conditions of the promissory note, liens filed on recordable collateral documents, etc.

Determine proper loan system coding (product type, collateral codes, loan codes, call code, etc.) for all new, renewed and modified loans on the system

Obtain all pre-funding requirements and obtain waivers for all exceptions

Upload information from our decision software to document generation software for approved loan documents

Communicate effectively with lending staff, closing attorneys and borrowers

Follow up on credit and collateral exceptions

Other duties as assigned

Education and Experience

High School Diploma or equivalent required

2+ years of banking experience working with loan documents preferred

Knowledge of all loan processing processes and systems for all commercial and consumer preferred

Knowledge of general banking operations

Supervisory Responsibilities No Supervisory Responsibilities

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

#J-18808-Ljbffr