Loan Documentation Manager - Harrisburg, Philadelphia, or NJ jobs in United States
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Mid Penn Bank · 1 day ago

Loan Documentation Manager - Harrisburg, Philadelphia, or NJ

Mid Penn Bank is actively seeking a Loan Documentation Manager in Harrisburg, Philadelphia, PA, or New Brunswick, NJ. The role involves leading teams responsible for the processing, preparation, and review of loan documents while ensuring compliance with internal policies and regulatory standards.

BankingFinanceFinancial Services
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Responsibilities

Oversees the generation of consumer and commercial loan documentation either using bank document preparation solutions or bank approved attorneys
Supervises and trains a team of documentation specialists to ensure consistent quality and adherence to credit quality and service-level standards
Manages Lending Support team and helps them as needed with working with loan officers to properly handle loan requests, obtaining required information for loans, and ensuring a positive client experience
Acts as the primary point of contact for loan officers and external parties to resolve documentation issues and coordinate timely settlements
Performs second-level reviews of loan documents as needed to confirm compliance with credit approval, internal policies, and regulatory standards
Implements strategies to achieve goals assigned to the department as established in the division's annual operating plan; assists in the development of the annual budget for the department and adheres to budget parameters
Manages and supervises assigned team
Help ensure loans satisfy the requirements for BSA/AML, HMDA, CRA, Flood Disaster Protection Act, and other regulations that apply to commercial and consumer loans
Trains the Loan Documentation and Lending Support staff on loan documentation procedures as well as documentation requirements for various loan types, e.g. term loan, construction loan, line of credit, etc
Compiles, maintains, and reports documentation relating to loan policy exceptions
Manage the department’s loan workflow and tracking logs to meet production standards
Works to implement new processes to streamline documentation procedures and ensure timely delivery of loan documents and timely settlements
Works closely with loan officers to facilitate the delivery of superior customer service to increase the effectiveness of business development efforts
Assists subordinates in communicating with lead financial institutions and lenders to obtain outstanding documentation

Qualification

Loan documentation softwareLending laws knowledgeCredit approval interpretationManagement skillsProofreading skillsVerbal communicationWritten communication

Required

A minimum of five (5) years of experience in banking, specifically in loan documentation and operations
Regular and predictable attendance is required
Advanced knowledge of loan documentation software (e.g., LaserPro) and core banking systems
Comprehensive understanding of state and federal lending laws
Strong skills in interpreting complex credit approvals and translating them into accurate legal documentation
Exceptional verbal and written skills
High precision in proofreading materials and identifying exceptions or missing information required for a high-quality loan settlement
Demonstrated management and supervisory skills
Ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to manipulate objects, lift items weighting 20 lbs. or less; visual auditory and speaking skills

Preferred

A B.S. or B.A. degree in business administration, paralegal studies, or a related field preferred; specialized lending education and training

Benefits

Medical plans with prescription drug coverage
Flexible spending account
Dental and vision insurance
Life insurance
401(k) program with employer match and employee stock purchase plan
Paid time off
Paid holidays
Disability insurance coverage
Parental leave
Employee assistance program
Tuition reimbursement
Participate in mentorship programs
Receive individualized development and career counseling
Participate in Mid Penn University courses and development programs

Company

Mid Penn Bank

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Mid Penn Bank is a bank that specializes in banking and investment services.

Funding

Current Stage
Public Company
Total Funding
$85M
2024-11-01Post Ipo Equity· $70M
2020-03-20Post Ipo Debt· $15M
1997-05-07IPO

Leadership Team

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Rory Ritrievi
President and CEO
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Jordan D. Space
SEVP, President of the Private Bank and Chief Operating Officer of the company
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Company data provided by crunchbase