Loan Documentation Specialist- Post Loan Closing - Owensboro, KY

Loan Documentation Specialist

Position is not eligible for remote work.

Job Summary

The Loan Documentation Specialist performs quality review on all loan types ensuring they are legal and compliant with agency and government guidelines, policies and procedures, and applicable federal and state laws, rules and regulations.

Essential Functions, Duties and Responsibilities include, but are not limited to:

• Reviews new and renewed commercial, consumer, mortgage, and Home Equity Line of Credit (HELOC) loans for legal and regulatory compliance with emphasis on the Home Mortgage Disclosure Act (HMDA), creating exceptions for missing or incorrect documents.
• Reviews non-originated commercial, consumer, mortgage, and HELOC applications, ensuring compliance with Equal Credit Opportunity Regulation B (REG B) and HMDA.
• Reviews exception items when presented, ensuring they meet the requirements for clearing the exception.
• Ensures loan documents retained in accordance with regulatory requirements and bank policies.
• Maintains communication with internal employees, including lending staff and operations.

Education, Experience and Qualifications

Education Required/Preferred Education Level Description Required High School or GED

Years of Experience Minimum Comments 0 No experience required; loan and/or HMDA experience preferred

Core Competencies

• Oral and written communication skills
• Detail oriented
• Ability to multi-task
• Computer skills
• Organizational skills
• Clerical and administrative skills
• Ability to work as a part of a team
• Time management skills

Working Conditions

Indoors, environmentally controlled. Usual office working conditions. The noise level in the work environment is typical of most office environments with telephones, personal interruptions, and background noises.

Travel Requirements Requirement Frequency No travel required Never or Rarely

Mandatory Vacation Mandatory vacation not required

Physical Requirements

• Sitting (remaining in a seated position) Constantly
• Standing (remaining on one's feet in an upright position without moving about) Occasionally
• Walking (moving about on one's feet) Occasionally
• Lifting (raising or lowering an object from one level to another) Occasionally
• Carrying (transporting an object, usually by holding it in the hands or arms or on the shoulder) Occasionally
• Pushing/Pulling (exerting force upon an object so that the object moves away or toward the force) Occasionally
• Reaching (extending hand(s) and arm(s) in any direction, such as overhead, below waist, forward or lateral) Occasionally
• Keyboarding (entering text or data using computer keyboard or 10-key numeric keyboard) Constantly
• Pinching/Gripping (seizing, holding, grasping, turning or otherwise working with the hand(s) or fingers) Occasionally
• Stooping (bending downward and forward by bending spine at the waist) Occasionally
• Squatting/Crouching (bending body downward and forward by bending legs and spine) Never or Rarely
• Speaking (expressing or exchanging ideas by means of the spoken word to impart oral information to customers and to convey detailed spoken instructions accurately, loudly, or quickly) Frequently
• Hearing (the ability to hear, understand, and distinguish speech, either in person or telephonically) Frequently
• Near Visual Acuity (clarity of vision at approximately 20 inches or less) Frequently
• Far Visual Acuity (clarity of vision at approximately 20 feet or more) Occasionally

Additional Physical Requirements May be required to lift up to 10 pounds