Loan Documentation Specialist I

Job Purpose & Scope

Responsible for coordinating the loan documentation process. Works under general direction, but in conformancewithestablishedpoliciesandprocedures,toensureallregulatory,legal,andloanpolicy requirements are met in advance of preparing loan documents for approved loan requests.

Essential Job Functions

• Reviews imaging system for documentation and documentation deficiencies for internal refinance and modification requests.
• UsestheBank’sloanplatformsystemtokeyinformationnecessarytooriginateloandocuments according to approval, collateral, and additional documentation in an efficient manner.
• Maintainsadailyrecordoftransactionsin process.
• Communicates with other members of Loan Operations Documentation and the lending staff regardingstatusofloanrequests,missinginformationneededfromthelender/borrowerandclear- to-close information.
• Managesdocumentation errors toanacceptable level once notified.
• Manages corrections in a timely manner once notified.
• Maintainsgoodpunctualityandattendanceto work.
• FollowsBankpolicy,procedures,and guidelines.
  
  

Knowledge, Skills & Abilities

• Knowledgeofloanterminologyandelements/processrequiredtoclosea loan.
• Knowledgeofgeneralbankingprinciplesandfederaland/orstateregulatorylending laws.
• Abilitytocommunicateeffectivelybothverballyandin writing.
• Abilitytomulti-taskandworkwithexactingdeadlinesinafast-paced environment.
• Abilitytomaintainattentiontodetailandcompleteaccurate,detailedworkwithinspecific timeframes.
• Abilitytoworkeffectivelyinateamenvironmentandhelpotherswhen needed.
• Abilitytofollowpoliciesand procedures.
• Abilitytoworkundergeneral supervision.
• Abilitytoworkextended hours,as necessary.
• SkillinusingcomputerandMicrosoftOffice,includingWord,Excel,and Outlook.
  
  

Basic Qualifications

• Highschooldiplomaorequivalent required.
• Minimumofone(1)yearofexperiencewithMicrosoftOutlook,Word,andExcelsoftware required.
• Minimumofone(1)yearof workexperiencewithfinancialdocumentsandtransactions(i.e., promissory notes, loan agreements, security deeds, mortgages) preferred.
• Minimumofone(1)yearofworkexperienceinacentralizedloandocumentationdepartment, preferred
• PriorexperiencewithTILA-RESPAIntegratedDisclosure(TRID), corporate authority documents (i.e., Articles of Incorporation, By-Laws, Certificate of Good Standing), preferred.
  
  

Job Expectations

Job Expectations: O perate customary equipment and technology used in a business environment, with or without accommodation.

Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.

EEO Statement

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.