Mechanics Bank · 1 day ago
Loan Documentation Specialist
Cerritos, California
Full-time
Hybrid
New Grad, Entry Level
$28/hr - $40/hr
0+ years expMechanics Bank is currently searching for a full time Loan Documentation Specialist to join our team at our Cerritos Administrative Office location. The Loan Documentation Specialist interprets documentation requirements from an approved Credit Application and prepares loan documentation utilizing knowledge of the Bank’s policies and procedures.
BankingFinancial ServicesWealth Management
Responsibilities
Under general supervision, performs at a proficient skill level all aspect of the department including advanced knowledge of loan documentation software (e.g. LaserPro or Encompass). Prepares loan documentation in accordance with the loan documentation request and approved Credit Application based on the loan structure
Responsible for preparing loan documents for Commercial and Consumer loans at the highest level of complexity in accordance with the loan structure and entity type which may consist of but is not limited to Lines of Credit, Term, Asset Based, Construction, Commercial & Industrial (C&I) and Commercial/Residential Real Estate (RE). Independently administers the closing/funding of RE loans by working with Title/Escrow and working with financial institutions to coordinate payoffs to secure our lien position. Works with relationship managers, underwriters, internal and outside counsel, title insurance companies and insurance companies to ensure compliance and resolve issues
Reviews the credit approval, entity documentation, prelims, title policies, trust certificates and all other applicable items submitted for documentation requests and takes appropriate action to ensure the loan is documented in accordance with Bank policies and procedures and are in adherence with compliance and regulatory requirements. Makes appropriate documentation and/or data corrections before finalizing the request, as directed by quality reviewer, or manager
Performs quality review of loan packages to determine the accuracy of the documents as related to the loan structure, and to ensure satisfactory supporting documentation has been obtained consistently. Discusses results directly with peer employee, manager and/or legal counsel to ensure all documentation packages accurately reflect the approved Credit Application. May provide guidance to peer Loan Documentation Specialist as needed
Participates in departmental projects. Performs all other job duties as assigned by supervisor
Must be able to travel throughout bank’s footprint to perform required duties (20-30%)
Qualification
Required
High School or GED is required
Must be knowledgeable using Microsoft Suite
Must have knowledge using FISERV Navigator (or similar system)
Must have knowledge using LaserPro or Encompass (or similar system as applicable)
Possess excellent human relations, communications and business writing skills
Ability to work effectively without direct supervision
Ability to comprehend and interpret Bank policies and procedures
Possess effective time management and organizational skills
Demonstrates teamwork in facilitating workflow. High level of cooperation with others and is responsive to the Bank's needs
Exemplary motivation, enthusiasm, professionalism and team skills
Have high level of accuracy and great attention to detail
Strong analytical and problem-solving skills
Demonstrates excellent customer service skills
Ability to cope with pressure resulting from meeting required deadlines, reporting requirements and training responsibilities
Exhibit high degree of professionalism and confidentiality in handling and having access to sensitive customer or employee information
Ability to handle constant use of tact, discretion and good judgment
Preferred
A minimum of 0-3 years of entry level experience is preferred
Benefits
Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)
Company
Mechanics Bank
Mechanics Bank is a full service community bank that offers a wide range of financial services.
Founded in 1905Richmond, California, USA
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2022-09-01Acquired
2003-01-10IPO
Leadership Team
E
Edward Downer
Chairman Emeritus
Recent News
2025-10-17
Business Wire
2025-10-17
Company data provided by crunchbase