Loan Closing Specialist

Our client located in Alpharetta, GA is looking for a Consumer Lending Closing Specialist to join their team!

Pay: $55k - $65k

In office, M-F

Medical, Dental

The Consumer Lending Closing Specialist will be responsible for documenting, auditing, and monitoring the consumer loan closing process, working to ensure all loan documents for approved/closed files are handled per policy and within regulatory guidelines.

Essential Job Functions:

• Review Closing Packets to support post-closing funding needs and proper acknowledgement from borrowers.
• Complete loan pay-off requests, debt consolidation requests, and general funding for consumer loans including wires, cashier’s checks, and internal debit/credit tickets.
• Review imaging system for documentation deficiencies for booked consumer loans.
• Communicate with customers on a regular basis to ensure files remain up to date, free of exceptions, and loans are properly utilized.
• Recommend opportunities for ongoing portfolio growth within the Bank.
• Orders and reviews required support documentation from the Bank’s list of approved vendors and obtains in-house requirements as required on each request.
• Files Deed Requests for closed files as needed.
• Maintains a detailed, daily record of transactions in process and maintains a well-organized process around outstanding tasks.
• Communicates with other members of Loan Operations – Documentation and the lending staff regarding status of loan requests, missing information needed from the lender/borrower, and status of any outstanding fundings provided by department.
• Monitors, works, and manages documentation exceptions to a proactive level.
• Maintains good punctuality and attendance to work.
• Follows Bank policy, procedures, and guidelines.

Knowledge, Skills & Abilities:

• Knowledge of loan terminology and elements/process required to close a loan.
• Knowledge of consumer lending, escrow analysis, payoffs, per diem interest calculations.
• Knowledge of teller processing system, Wire Systems, General Ledgers, Debits/Credits for system processing.
• Knowledge of general banking principles and federal and/or state regulatory lending laws.
• Ability to communicate effectively both verbally and in writing.

Basic Qualifications:

• High school diploma or equivalent required.
• Minimum of two (2) years of work experience with financial documents and transactions (i.e., promissory notes, loan agreements, security deeds, mortgages) required.
• Minimum of two (2) years of customerservice or call center experience, required.
• Centralized loan documentation department experience, preferred.
• Prior experience with TILA-RESPA Integrated Disclosure (TRID) preferred.