SGS Consulting

Duration: 06 Months+

Responsible for preparing and reviewing documents for all loan types including mortgages, credit cards, and loans collateralized by securities.

Education/Experience:

• Associate degree or equivalent operations or loan processing experience.
• 5-7 years credit card, mortgage, and security loan processing experience.
• Skills and Competencies: Working knowledge of mortgage loan documentation.
• Strong knowledge of lending compliance regulations (Reg. Z, RESPA, Truth in Lending, Reg. B, HMDA).
• Knowledge of business desktop applications (i.e.: Microsoft Word, Excel, PowerPoint, Access & Project, Windows, Visio, etc.).
• Summary:
• Responsible for assisting with Processing, Closing and or Servicing, all loan types for Commercial and Business Banking.
• Primary functions may include but not limited to data entry into various systems.
• Closing document preparation, review and validation and research. Servicing functions including loan maintenance.
• Transactions are financial in nature with selecting offsetting entries GL. Transactions will be monetary and impact daily General Ledger accounts.
• The ability to manage working within a work queue. Communication with business partners and external customers via phone or email.

Skills and Competencies:

• Excellent verbal and written communication skills. Accurate with numbers and attention to details.
• Ability to work independently or with minimal supervision.
• Ability to maintain confidentiality. Ability to perform mathematical calculations (or analysis).
• Ability to organize and prioritize workflow and to coordinate the work of others.
• Ability to maintain updated knowledge of procedures, products and activities of assigned area.
• Ability to accurately proofread documents. Ability to perform multiple tasks in a fast-paced, team environment.
• Working knowledge of loan and revolving credit terms. Perform maintenance changes on various loan systems.
• Board new loans on various loan systems. Interface with Lending partners and portfolio managers.
• Quality control of loan processing. Daily loan transaction reconciliation. Research GL outages.

Major Job Duties and Responsibilities:

• Document preparation for loans. Update rate changes on various loan systems.
• Create new loan checklists.
• Account maintenance on various systems. Vehicle title tracking. Maintain insurance tracking reports.
• Prepare monthly and quarterly billing. Board new loans on various loan systems. Interface with portfolio managers and custody agents.
• Quality control of loan documentation. Communicate with applicants, clients, staff and third parties (attorney, closing agents, vendors) to answer questions and resolve issues.
• Create mortgage loan documentation on Laser Pro. Prepare daily control agreement and watch list reports.
• Prepare and monitor daily collateral analysis reports. Daily loan transaction reconciliation.
• Prepare People Soft journals. Research GL outages.
• Recovery payment tracking. Process non-post items.

Shift: Day