Loan Documentation Specialist

Job Title: Loan Documentation Specialist
Location: Marshall, Minnesota 56258
Duration: 3 Months (Contract)
Work Arrangement: Hybrid - 3 days a week in office (Tuesday, Wednesday, and Thursday)
Hours: 8:00 AM - 5:00 PM
Parking: Free parking
Interviews: Teams interview; there may be more than one interview due to candidate pool. On-camera required.

JOB DESCRIPTION

Documentations Coordinator Position - Temp

Primary Accountabilities of this role include:

Primary Accountabilities of this role include:

Coordinates the preparation of loan/lease packages in compliance with policies and procedures, regulatory guidelines and investor standards by gathering and reviewing necessary documents and information within designated time frames. Communicates with staff, customers/clients, realtors, brokers, counsel, title companies, etc. to respond to inquiries, resolve problems and obtain additional documents needed to complete the file. Ensures compliance with internal policies, regulatory and investor requirements and customer service standards. May coordinate the closing and funding of assigned loan packages; calculating final closing costs and disbursing funds.

Performs a variety of functions within leasing operations to ensure accurate and efficient operations, such as preparation of client and end-user documentation for funding lease transactions across multiple business lines. Processes documents for scanning, retention, incoming mail, and one-time payments. Accomplishes tasks within designated time frames and provides high-quality support to both internal and external clients. Provides additional support to areas within the Documentation Department with requests for pricing and other tasks as needed.

Basic Qualifications

• High school diploma or equivalent.
• Two to four years of experience in leasing or other related experience.

Preferred Skills/Experience

• Thorough knowledge of products, terminology, closing policies and procedures, funding policies, underwriting requirements, legal documents, and systems related to the assigned area of leasing operations.
• Thorough knowledge of applicable credit policies and approval processes for assigned products, as well as applicable laws and regulatory requirements.
• Ability to work with multiple functional areas to solve complex documentation needs.
• Ability to apply critical thinking for all elements of lease/loan documentation construction.
• Ability to master multiple software applications and strong PC skills.
• Strong mathematical skills and general knowledge of basic accounting procedures used within the assigned area.
• Proven commitment to quality customer service and ability to work well with customers.
• Strong general office skills.
• Excellent verbal and written communication skills.