Loan Documentation Specialist II
Overview:
LOAN DOCUMENTATION SPECIALIST II
WHAT IS THE OPPORTUNITY?
The Loan Documentation Specialist II is responsible for reviewing and preparing legal loan documentation according to approval package provided for Commercial or Small Business and/or Consumer loans for moderately complex loans secured and unsecured loans/lines of credit.
WHAT WILL YOU DO?
• Ensures file and documents meet all applicable bank and compliance requirements.
• Confirms all required wait periods are met based on proposed closing date.
• Communicate and respond to internal customers within 2 hours.
• Confirms that documents are prepared within established turn times and consistently meet deadlines.
• Completes a minimum of files per day based on department expectations.
• Verifies and inputs loan information accurately into loan origination system for moderately complex loans.
• Verifies Prior to Document conditions have been signed off.
• Verifies the following information is correct, but not limited to: subject property address, wire information, insurance policy information, all fees, & the correct set-up of any impounds if applicable.
• Collaborates with Settlement Agent to finalize loan fees.
• Other duties as/or assigned by management.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
• Bachelor's Degree or equivalent
• Minimum 2-3 years recent documentation/funding experience
• Minimum 3 years of experience in banking or a financial institution required.
• Minimum 2 year basic computer experience (e.g. Microsoft Word, Excel, Outlook) required.
Additional Qualifications
• Ability to identify and resolve problems in a timely manner.
• Strong attention to detail and accuracy.
• Ability to maintain high levels of performance, especially in stressful situations.
• Strong knowledge of federal/state regulatory policies and procedures. (TRID experience required)
• Excellent written and verbal skills.
• Excellent organizational skills.
• Ability to multi-task and work in a deadline driven environment.
• Proficient PC skills, including Microsoft Office and Loan Origination systems.
• Experience in LaserPro.
WHAT'S IN IT FOR YOU?
CompensationStarting base salary: $24.46 - $36.69 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
• Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
#LI-ST1
#CA-ST
Remote
About the Company:
City National Bank
Apply tot his job
Apply To this Job
LOAN DOCUMENTATION SPECIALIST II
WHAT IS THE OPPORTUNITY?
The Loan Documentation Specialist II is responsible for reviewing and preparing legal loan documentation according to approval package provided for Commercial or Small Business and/or Consumer loans for moderately complex loans secured and unsecured loans/lines of credit.
WHAT WILL YOU DO?
• Ensures file and documents meet all applicable bank and compliance requirements.
• Confirms all required wait periods are met based on proposed closing date.
• Communicate and respond to internal customers within 2 hours.
• Confirms that documents are prepared within established turn times and consistently meet deadlines.
• Completes a minimum of files per day based on department expectations.
• Verifies and inputs loan information accurately into loan origination system for moderately complex loans.
• Verifies Prior to Document conditions have been signed off.
• Verifies the following information is correct, but not limited to: subject property address, wire information, insurance policy information, all fees, & the correct set-up of any impounds if applicable.
• Collaborates with Settlement Agent to finalize loan fees.
• Other duties as/or assigned by management.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
• Bachelor's Degree or equivalent
• Minimum 2-3 years recent documentation/funding experience
• Minimum 3 years of experience in banking or a financial institution required.
• Minimum 2 year basic computer experience (e.g. Microsoft Word, Excel, Outlook) required.
Additional Qualifications
• Ability to identify and resolve problems in a timely manner.
• Strong attention to detail and accuracy.
• Ability to maintain high levels of performance, especially in stressful situations.
• Strong knowledge of federal/state regulatory policies and procedures. (TRID experience required)
• Excellent written and verbal skills.
• Excellent organizational skills.
• Ability to multi-task and work in a deadline driven environment.
• Proficient PC skills, including Microsoft Office and Loan Origination systems.
• Experience in LaserPro.
WHAT'S IN IT FOR YOU?
CompensationStarting base salary: $24.46 - $36.69 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
• Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
#LI-ST1
#CA-ST
Remote
About the Company:
City National Bank
Apply tot his job
Apply To this Job