Loan Document Specialist

Sauk Valley Bank
  • Sterling, IL
    30+ days ago

    Job Description

    This job was posted by https://illinoisjoblink.illinois.gov : For more
    information, please see:
    https://illinoisjoblink.illinois.gov/jobs/13379456
    FLSA: Non-Exempt
    Hours: Monday Friday 8:00 5:00
    Category: Full Time
    Reports To: VP Loan Administration
    Summary
    The position of the Loan Document Specialist is responsible for
    supporting the Commercial Loan Department with the advanced preparation,
    review, and processing of commercial loan documents. This role is
    responsible for preparing Commercial and Agricultural loan documents in
    accordance with lending policies, ensuring compliance with banking
    regulations, and coordinating with internal departments for efficient
    operations.
    Essential Duties
    - Prepare and review complex commercial and agricultural loan
    documents to ensure strict adherence to lending regulations,
    compliance standards, and the banks credit policy.
    - Review prepared documents for accuracy and consistency with approval
    requirements.
    - Review collateral support documents such as title commitments.
    - Review and interpret Corporate Documentation and Trust
    Documentation.
    - Prepare and review complex loan documentation including attorney
    prepared documents.
    - Process and complete commercial loan modification requests,
    including renewals, extensions, and modifications.
    - Proficient in using banking systems such as LaserPro and nCino to
    manage and streamline loan documentation and workflow. Leverage
    these tools to enhance efficiency and ensure adherence to bank
    policies.
    - Process, review and upload complete loan and collateral files to
    ensure the established standards are met including compliance with
    federal regulations and adherence to Bank lending policy as well as
    ensuring that the Banks security interest is established, and our
    lien position is upheld.
    - Independently prioritize workflow to maximize production turn time
    and minimize administrative delinquencies.
    Secondary Duties
    The position of Loan Document Specialist performs duties specific to the
    position and other functions as assigned.
    Supervisory Duties
    The position of Loan Document Specialist is not responsible for the
    supervision of employee(s).
    Minimum Requirements
    These specifications are general guidelines based on the minimum
    experience normally considered essential to the satisfactory performance
    of this position. The requirements listed below are representative of
    the knowledge, skill and/or ability required to perform the position in
    a satisfactory manner. Individual abilities may result in some deviation
    from these guidelines.
    - Bachelor or Associate degree is preferred.
    - Good understanding of financial institution products and services
    preferred.
    - Minimum of three years of experience in loan documentation within a
    banking institution, with a focus on both commercial real estate and
    C&I lending.
    - Extensive experience with preparing and reviewing complex loan
    documentation.
    - Proficiency in using banking systems such as LaserPro and
    Salesforce/nCino is preferred.
    - Excellent organizational, analytical, and communication skills.
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    - Current drivers license and a vehicle with appropriate insurance
    coverage if required to drive in the course of performing assigned
    duties and responsibilities.
    The incumbent must be able to perform this position safely, without
    endangering the health or safety to him/herself or others.
    Sauk Valley Bank is an Equal Opportunity Employer. SVB is committed to
    the provision of equal opportunity employment for all qualified persons
    in all job classifications in recruitment, selection and promotion
    without regard to ra

    ![](https://www.click2apply.net/v/7gayPnF6nAORehljJuY7KB)

    Equal employment opportunity, including veterans and individuals with
    disabil ties.

    PI283398339

    Numbers & Facts

    LocationSterling, IL

    Skills

    • Agricultureunmatched
    • Analysis Skillsunmatched
    • Banking Servicesunmatched
    • Commercial Loansunmatched
    • Communication Skillsunmatched
    • Documentationunmatched
    • Driver's Licenseunmatched
    • Establish Prioritiesunmatched
    • Federal Laws and Regulationsunmatched
    • HTML (HyperText Markup Language)unmatched
    • Liensunmatched
    • Loan Collateralunmatched
    • Loan Documentsunmatched
    • Loan Policyunmatched
    • Loan Processingunmatched
    • Loan Regulationsunmatched
    • Loan Reviewunmatched
    • Loansunmatched
    • Maintain Complianceunmatched
    • Marketing/Sales Collateralunmatched
    • Organizational Skillsunmatched
    • Past Due Accountsunmatched
    • People Managementunmatched
    • Regulationsunmatched
    • Regulatory Complianceunmatched
    • Support Documentationunmatched

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