Description Position Summary: The Loan Administration Specialist II position’s primary responsibility is to coordinate and prepare various types of new, modified, and renewed loan requests. This position works collaborat…
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Full-time
high school
Posted 16d ago
~40 hrs/week
Responsibilities
Coordinate and prepare loan requests for commercial, agricultural, and consumer credit to ensure timely closings. Review and assemble loan documentation for accuracy and compliance with bank policies and federal regulations.
Requirements
Requires a high school diploma or GED and at least 4 years of banking or loan experience. Knowledge of Farmer Mac, FSA, SBA products, and TILA RESPA rules is preferred.
Full job description
Description
Position Summary:
The Loan Administration Specialist II position’s primary responsibility is to coordinate and prepare various types of new, modified, and renewed loan requests. This position works collaboratively with loan analysts and loan officers to facilitate smooth and timely closings.
Major Duties and Accountabilities:
Takes part and embraces the Legacy Culture and gives outstanding customer service to internal and external customers.
Responsible for preparing and coordinating the loan closing process.
Comply with all bank policies and procedures regarding areas of assignment and responsibility.
Must be knowledgeable in the loan department processes.
This position must coordinate and prepare loan closings for the bank’s commercial, agricultural, consumer and TILA/RESPA credit.
Uses the Bank’s loan policy and processes to request loan documents according to approval, collateral, and additional documentation. Communicates lending staff regarding status of loan requests, missing information needed from the lender/borrower.
Utilize bank’s software systems to work efficiently to complete the loan process as well as upload all relevant loan documents.
Prepare, review, and assemble loan documentation to ensure accuracy and compliance with bank policy and federal banking regulations.
Prepare funding documentation as needed.
Reviews imaging system for documentation deficiencies for renewals and modification requests.
Formulate professionally written responses to incoming internal and external customer emails with accurate information and withing the established timelines.
Other responsibilities as assigned.
Requirements
Required:
A high school diploma or GED equivalent.
4 years previous banking/loan experience.
Strong computer skills.
Excellent written and verbal communication skills.
Preferred:
Knowledge of Farmer Mac, FSA, and SBA guarantee loan products.
Knowledge of TILA RESPA Integrated Disclosure rule.
Knowledge of loan terminology and elements/process required to close a loan.
Knowledge of general banking principles and federal and/or state regulatory lending laws.
Banking For Your And All That Your Do. Community Banking Since 1886.
Industry
Financial Services
Company size
51-200 employees
Founded
1886
Headquarters
Wichita, KS
LinkedIn followers
1,149
A cornerstone of community growth since 1886, Legacy Bank enables sensible financial solutions aimed to assist you on all levels of your banking needs. We are your full service bank, handling personal, business, and wealth management goals. -Equal Housing Lender, Member FDIC.
Offices: 3711 N Ridge Rd., Wichita, KS 67205, US · 8725 W Central Ave, Wichita, Kansas 67212, US · 1100 E Douglas Ave, Wichita, Kansas 67214, US · 2055 N Woodlawn St, Wichita, Kansas 67208, US · 123 E Chicago Ave, Colwich, Kansas 67030, US
Commercial LendingMortgage LoansConsumer Loansand Personal Checking and Business AccountsBankingFinancial Services
Banking For Your And All That Your Do. Community Banking Since 1886.
Industry
Financial Services
Company size
51-200 employees
Founded
1886
Headquarters
Wichita, KS
LinkedIn followers
1,149
A cornerstone of community growth since 1886, Legacy Bank enables sensible financial solutions aimed to assist you on all levels of your banking needs. We are your full service bank, handling personal, business, and wealth management goals. -Equal Housing Lender, Member FDIC.
Offices: 3711 N Ridge Rd., Wichita, KS 67205, US · 8725 W Central Ave, Wichita, Kansas 67212, US · 1100 E Douglas Ave, Wichita, Kansas 67214, US · 2055 N Woodlawn St, Wichita, Kansas 67208, US · 123 E Chicago Ave, Colwich, Kansas 67030, US
Commercial LendingMortgage LoansConsumer Loansand Personal Checking and Business AccountsBankingFinancial Services