Job Openings in Sacramento County and Beyond
Pacific Staffing
http://www.pacificstaffing.com
http://www.pacificstaffing.com
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Sr. Loan Documentation Specialist
Sacramento, CA 95826 US
Posted: 06/07/2023
2023-06-07
2023-07-08
Employment Type:
Contract
Industry: Bank
Job Number: 1658474
Job Description
We are recruiting for a Sr. Loan Documentation Specialist for a thriving financial institution in the Sacramento region. This is a long term contract position (6+ months) with a hybrid work schedule. The Sr. Loan Documentation Specialist will review commercial loans, analyze modifications, and prepare loan documents. Pay: $39/hour.
The ideal candidate will have experience with commercial loans and possess exceptional communication skills.
RESPONSIBILITIES:
QUALIFICATIONS:
The ideal candidate will have experience with commercial loans and possess exceptional communication skills.
RESPONSIBILITIES:
- Prepare loan documentation completely and accurately consistent with approval terms and conditions.
- Analyze proposed loan and modify loan structure/requested documentation as necessary.
- Ensure adherence to commercial credit policy and underwriting and regulatory compliance.
- Identify documentation risks and make recommendations as needed based on specific loan transactions.
- Work with branch personnel/title company/insurance agents/appraisal/portfolio administration to address any problems discovered during the file review.
- Partner with the supervisor to perform secondary review of the larger loan files and more complex loan documents.
- Maintain a working knowledge of Entity/Collateral/Title documentation and concepts.
- Under supervision, draft ancillary agreements/documents outside of the documentation program as necessary to mitigate risk.
- May assist with loan funding and quality control reviews after loan boarding.
- Perform other duties as assigned.
QUALIFICATIONS:
- High School diploma required. Associate s degree is preferred.
- Minimum 8 years of experience in loan documentation required.
- Effective oral and written communication skills.
- Current working knowledge of Commercial Real Estate and Commercial and Industrial lending.
- Exceptional customer service required.
- Ability to manage multiple tasks, work independently with minimal supervision, meet deadlines, and adjust to changing priorities.
- Strong analytical, organizational skills and attention to detail.
- Maintain knowledge of commercial lending requirements, all commercial loan products, commercial loan fulfillment, and all applicable federal and state laws and regulations.
- Proficient with MS Office programs.