Small Business Loan Document Specialist jobs in United States
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b1BANK · 7 hours ago

Small Business Loan Document Specialist

b1BANK is seeking a Small Business Loan Document Specialist responsible for the timely and accurate production of small business loan documentation. The role involves ensuring compliance with loan approvals, policies, and applicable laws while producing and reviewing various loan documents.

BankingFinancial ServicesInsuranceWealth Management
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Growth Opportunities

Responsibilities

Assist in training of new loan documentation personnel
Produce standard loan and collateral documents for all types of small business loans which comply with bank policy and all federal and state laws
Prepare and/or review documentation for both purchased and sold participation loans
Review existing loan and collateral documentation to ensure any existing errors or deficiencies are resolved when processing renewals or originating new loans secured by existing collateral
Engages and works with outside counsel, as needed, for loan closings
Obtain and review all supporting documentation for loans prior to closing, including but not limited to:
Credit approval and adherence to loan policy
Financial reporting requirements and adherence to loan policy
Organizational documents for all borrower types to ensure proper borrower authorization
Lien searches and Real Estate title documents to ensure the bank’s ability to perfect their lien position
Flood determinations and applicable flood insurance to ensure compliance with federal flood regulations
Other various insurance types to ensure the bank’s collateral is protected
Environmental due diligence documents to ensure policy requirements are met
Real Estate appraisals and reviews to ensure policy and regulatory requirements are met
Assist with second reviews of loan documentation packages prior to closing
Assist with loan documentation personnel in the due diligence and preparation of their loan packages

Qualification

Banking regulationsReal estate documentsUCC rulesLoan documentationLaser ProMicrosoft WordMicrosoft ExcelInterpersonal communicationOrganizational skillsTime management

Required

Bachelor's Degree or Associates Degree in a Business or Finance Related Field; or 5 (five) years of small business or commercial loan documentation experience
Strong knowledge of banking regulations, including but not limited to, HMDA, Fair Lending, and Flood Disaster Protection Act
Strong working knowledge of real estate documents (Title Opinions, Title Insurance Documents, Mortgages, Appraisals, etc.)
Strong working knowledge of UCC rules and regulations
Strong working knowledge of other departments, as they relate to loan operations
Strong interpersonal communication
Strong organizational and time management skills
Strong computer, keyboard, and software application (Microsoft Word and Excel) skills

Preferred

Minimum 2 years of Laser Pro experience preferred

Company

b1BANK

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b1BANK is a commercial bank that offers personal, commercial, and online banking services.

Funding

Current Stage
Late Stage
Total Funding
$52.5M
2021-04-07Debt Financing· $52.5M

Leadership Team

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Jerry Vascocu
President
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Company data provided by crunchbase