Job Openings in Sacramento County and Beyond

Sr. Loan Documentation Specialist

Sacramento, CA 95826

Posted: 06/07/2023 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. 

  • 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.

  • 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. 
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