Loan Services Specialist I, South Bend, IN Job at 1st Source Bank
POSITION SUMMARY
Responsible for preparing business loan documentation, ensuring the bank has collateral perfection, to adhere to the credit approval and the bank's policies and procedures.
ESSENTIAL REQUIREMENTS
Reviews and determines the appropriate documentation and perfection requirements according to the credit approval within service standard agreements.
Examines loan documentation or accuracy, completeness and properly executed signatures.
Ensures appropriate due diligence requirements are completed and funds transaction within set authority.
Works closely with relationship managers and documentation staff in processing loan and lease transactions.
Orders residential loan appraisals on behalf of the RM’s utilizing a third-party vendor.
Acts as a back up to the International Closing Agent.
Responsible for the completion of all compliance training related to the position.
Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
EXPERIENCE/SKILLS
One (1) to three (3) years of related experience preferred.
Prior commercial loan documentation and perfection of lien experience for titled, non-titled and real estate collateral preferred.
Ability to handle stressful situations with calmness and courtesy.
Ability to communicate effectively, both orally and in writing.
Maintain good records and file management skills.
Ability to handle multiple tasks and frequent interruptions
EDUCATION
High School Diploma/GED required.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Referral program
- Tuition reimbursement
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: One location
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