Loan Documentation Specialist
United Bankers' Bank (UBB) is the nation’s first bankers’ bank, serving over 1,000 community banks. The Loan Documentation Specialist will prepare, generate, and track loan packages while ensuring integration with accounting systems, focusing on accuracy in collateral tracking and loan history management.
Responsibilities
- Prepares/Generates new loan documentation, generates promissory notes, security agreements, limited/unlimited guarantees and participation agreements/renewals/extensions/modifications
- Prepares correspondence to accompany mailed loan documents
- Creates new loan file/folder, if applicable, and creates working file for pending documents
- Enters collateral and insurance information, and sets up pending collateral documents in Sageworks system to track collateral and make sure we have final copies of documentation
- Boards/Enters loans onto Jack Henry/Loan system, making sure they are set up correctly, following the terms of the note
- Tracks original loan documents
- Monitors Paid Loan History Records and determines status and needs of collateral
- Monitors weekly FF and Libor rates, along with Senior Documentation position
- Sends notice of all changes to Loan department
- Maintains list of contact names, sends requests to add branch locations and team requests to add loans to secure file transfer
- Maintains collateral safekeeping records
- Issues collateral receipts for new stock certificates and return collateral receipts/certificates for stocks being released
- Maintains original note and safekeeping drawers
- Performs yearly audits of each, along with Senior Documentation position
- Facilitates running the system monthly reports
- Sorts and distributes daily mail
- May serves as backup for loan payments/advance requests
- Assists with maintenance and tracking of Construction loans
- Assists with monitoring and tracking Real Estate property tax information
Skills
- Associate's degree in Accounting or related field or high school diploma plus equivalent work experience
- 1 - 2 years of loan documentation experience, specifically with Loan documentation generation/creation
- Excellent attention-to-detail
- Strong interpersonal skills, to include the ability to communicate with all levels of employees throughout the organization and outside of the organization
- Microsoft Office (Word, Teams and Excel)
- Excellent written and verbal communication skills
- Problem solving skills
- Strong ability to work on multiple tasks/priorities and meet deadlines
- Knowledge in credit file setup and organization, loan documentation review and follow up, and exception tracking software utilization
- Commercial loan documentation experience
- AS400/Loan System experience
Benefits
- Medical, Dental, and Vision
- HSA with a generous company contribution
- Medical and Dependent Care Flexible Spending Accounts
- 401(k) plan with a 3% company contribution, plus up to an additional 1% match -Roth option available
- 12 Paid holidays
Company Overview