Loan Processing Specialist

Direct Hire

M Force

Loan Processing Specialist
Farragut, Tennessee

Loan Processing Specialist

BASIC FUNCTION: Processes loans and prepares loan documents in a centralized environment for less complex consumer and commercial loans. This is an entry-level position, and work product will be reviewed by either the Central Processing Manager or a senior Specialist.

ESSENTIAL FUNCTIONS:

Support team members in achieving the goals and objectives of the Centralized Processing team

Responsible for creating and reviewing all documents regarding loan processing:

New loan documentation
Loan renewal documentation
Extensions/Modifications
Automatic transfer forms
HMDA data capture
All other miscellaneous loan forms

Create all documents needed for a new loan package for Loan Officers, to include ordering title work, flood determinations, and other supporting documentation
Identify and resolve gaps in approval and final closing terms
Prepare loan tickets for fees, upload and fund originated loans
Accurately capture and report loan portfolio information for compliance with management's reporting requirements and objectives

SKILLS, KNOWLEDGE AND TRAINING:

Strong attention to detail, self-starter, and the ability to learn quickly
General knowledge of banking regulations
Ability to read and comprehend bank policies and regulatory guidance, and apply to work situations
Interpersonal and communication skills to represent the Bank in a positive way in dealing with customers and co-workers and convey information effectively
Strong organizational skills, exhibiting the ability to multi-task and manage time to ensure timely completion of tasks
Able to work well under pressure and adapt to process changes and workflow peaks
Mathematical aptitude
Basic knowledge of the Bank's loan, trust, and investment center products
Experience with computer technology including, but not limited to, Word, Excel, internet navigation

WORKING CONDITIONS:

Sitting for long periods of time; approximately 8 hours a day with the ability to move around a little.
Lift 10-20lbs periodically.

REQUIREMENTS:

High school diploma or equivalent
Prior loan processing experience
Basic knowledge of lending compliance regulations
Basic knowledge of collateral perfection requirements
Familiarity with residential loan disclosure requirements preferred

M Force Staffing is an equal opportunity employer. All qualified applicants, including individuals with disabilities and protected veterans, are encouraged to apply. In addition to federal law requirements, M Force Staffing complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. M Force Staffing is an E-Verify Employer

Tagged as: Loan Processing Specialist Farragut Tennessee