Loan Documentation Specialist
About this role
Loan Documentation Specialist (Commercial)
About the Position
The Loan Documentation Specialist (Commercial) is responsible for preparing and reviewing loan documentation for commercial and consumer loans, ensuring accuracy and compliance throughout the process. This position requires strong attention to detail, organization, and the ability to manage a high-volume workload while working independently.
Essential Duties & Responsibilities
- Prepare files and documentation for commercial and consumer loans
- Review and understand title commitments
- Understand legal entities and their requirements for lending
- Understand commercial loan documents, collateral, and requirements for perfecting security interests
- Scan and index loan documents
- Utilize multiple software programs proficiently
- Maintain accuracy and attention to detail throughout the loan documentation process
- Other duties as assigned
Qualifications
- Bachelor’s degree or comparable work experience required
- Knowledge of banking regulations and commercial and consumer loan documentation
- Strong organizational and communication skills
- Detail-oriented with the ability to manage a high-volume workload
- Ability to work independently and effectively problem-solve
- Knowledge of Microsoft Office products preferred
- High degree of typing accuracy preferred
Why Join Us?
At Bank of Springfield, we believe our employees are at the heart of our success. We offer a competitive compensation package and a variety of benefits designed to support our employees both personally and professionally.
Benefits May Include the Following:
https://www.bankwithbos.com/careers/
Salary Range: The salary range for this position is $40,000.00 - $45,000.00/year, depending on experience and qualifications. In addition to the base salary, compensation may include bonuses, benefits, and other incentives.
Company at a glance
With a focus on community, Jack A. Marantz founded Bank of Springfield (BOS) in Springfield, Illinois in 1965. Today, the tradition continues under the leadership of Chairman of the Board and Chief Executive Officer, Tom Marantz; our President, Mike Pence; and Executive Vice President and Vice Chairman of the Board, Jason Knoedler.
From our roots as a neighborhood bank on the southeast side of Springfield, Illinois; BOS has grown to 15 full-service branches in Illinois and Missouri and one loan production office in Missouri. As we continue to expand operations, you have our promise to remain privately held and responsive to your needs.
BOS is committed to utilizing our resources to make a positive impact on the communities we serve. We are proud to sponsor many projects, organizations, and events.
Our employees continually dedicate their time volunteering for local organizations, including food, clothing and toy drives, blood drives, and numerous charity events. We are passionate about educating our communities through financial literacy programs and working with customers to grow their financial future.
Member FDIC. Equal Housing Lender.
For your security, never post account information or your social security number on social media sites. Please call 1-877-698-3278 for assistance.
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