Loan Specialist

The Loan Specialist facilitates the loan process by working closely with the loan officer to gather personal and business information to make informed credit decisions.  The Loan Specialist is responsible for accurately collecting, inputting updating, reviewing and assembling loan documents in a fast paced team setting.

Essential Job Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

• Works closely with the loan officer to collect and input data to assist in the preparation of the Credit Approval Presentation (CAP).   
• Analyze, review and assemble loan documentation and disclosure forms that are complete and compliant with bank policies and procedures and state and Federal regulations.
• Check documents for proper vesting, legal descriptions, closing dates and signatures.  Work and communicate discrepancies in documentation with the loan officer. Work closely with the loan officer to obtain missing documentation.
• Collect and analyze tax returns, paystubs, business profit and loss statements and balance sheets to review and communicate financial condition of the borrower to the loan officer. 
• Coordinate and communicate with loan officers, attorneys, title companies, insurance companies and other third parties to ensure the loan is properly documented. 
• Board loan to the servicing system, disburse funds and track missing items to ensure the loan file is complete and our lien is perfected. 
• Provide overview and assistance with the Private Banking lending portfolio.
• Perform other duties as assigned.

Knowledge, Skills and Abilities

• Sound knowledge of bank regulations and lending requirements.
• Working knowledge of complex consumer and business transactions.  Familiarity with title search reports, loan estimates and closing disclosures. 
• Excellent interpersonal, written and oral communication skills.
• Ability to make objective decisions and produce outstanding work under general or limited supervision. 
• Highly proficient knowledge and usage of computer programs including Microsoft Word, Excel and programs used to generate loan documents (knowledge of LaserPro is a plus).
• Ability to adjust priorities to changing circumstances and maintain quality of work in a fast paced environment. 

Education and Experience

1. Bachelor’s degree in a business related field preferred
2. 1+ years of loan documentation preparation required
3. Working knowledge of the TRID and home equity based regulations and timing requirements required

PHYSICAL REQUIREMENTS:

                        0-24%              25-49%            50-74%            75-100%

Seeing:

Must be able to see computer screen,

and documents                                                                                                                       XXX

Hearing:

Must be able to communicate with                                                                XXX

co-workers and customers

Standing/Walking:

Must be able to stand for short

periods of time                                               XXX

Climbing/Stooping/Kneeling:

Must be able to occasionally stoop

or kneel                                                           XXX                 

Lifting/Pulling/Pushing:

Must be able to occasionally lift

files or boxes                                                   XXX                 

Fingering/Grasping/Feeling:

Must be able to use computer, file

documents and finger through files                                        XXX

PHYSICAL DEMANDS:

Light Work: Exerting up to 20 pounds of force occasionally, and/or a negotiable amount of force frequently or constantly to lift, carry or otherwise move objects. Job involves sitting most of the time and walking and standing some of the time.

NOTE:  FRONTIER BANK RESERVES THE RIGHT TO MODIFY, INTERPRET, OR APPLY THIS JOB DECRIPTION IN ANY WAY THE COMPANY DESIRES.  THIS JOB DESRIPTION IN NO WAY IMPLIES THAT THESE ARE THE ONLY DUTIES, INCLUDING ESSENTIAL DUTIES TO BE PERFORMED BY THE EMPLOYEE OCCUPYING THIS POSITION.  THIS JOB DESRIPTION IS NOT AN EMPLOYMENT CONTRACT, IMPLIED OR OTHERWISE.  THE EMPLOYMENT RELATIONSHIP REMAINS “AT-WILL.”  THE AFOREMENTIONED JOB REQUIREMENTS ARE SUBJECT TO CHANGE TO REASONABLY ACCOMMODATE QUALIFIED DISABLED INDIVIDUALS.***