Loan Processing Specialist

Loan Processing Specialist

At SmartBank, our benefits package is designed to enhance your life. You'll enjoy medical, dental, vision, life, and disability insurance, as well as a 401(k) plan with a 4% employer match. Our generous paid time off (PTO), SmartFlex Days, and 11 Paid Company Holidays promote work-life balance. Engage in paid community involvement, enjoy company apparel, and access tuition reimbursement for your growth.

About Us

SmartBank is rooted in our core values: Acting with Integrity, Being Enthusiastic, Creating Positivity, Demonstrating Accountability, and Embracing Change. Our team lives and breathes these values to fulfill our core purpose: creating "WOW" experiences for our clients. For over 15 years, we've been delivering on this purpose in Tennessee, Alabama, and Florida, and we're continuously expanding our reach. Our team is empowered to care for our clients and actively participate in the communities we serve. At SmartBank, we prioritize individual needs, set high expectations, and celebrate achievements - that's the SmartBank way.

Our Loan Processing Specialist will be held accountable for:
? Adheres to and embraces the SmartBank Way by Acting Smart, Looking Smart and Being Smart.
? Protects the confidentiality of all financial data relating to bank operations and its customers.
? Reviews loan approval package for special covenants, terms, and other information necessary to prepare loan documentation.
? Correspond with Lender/Loan Administrator to obtain necessary information for document preparation.
? Reviews loan approval package for special covenants, terms and other information necessary to prepare loan documentation.
? Creates CIF records in core system and generates loan numbers.
? Review Lender's Title Insurance commitment/search/updates and mortgage related documentation.
? Review flood determination and verify flood coverage approval is obtained prior to closing.
? Responsible for entering loan data and preparing all loan documents required for closing and reviewing for accuracy.
? Required to be familiar with HMDA reporting requirements, identifying loans as such in loan software, and input to loan document preparation program.
? Responsible for preparing security documents such as Deed of Trust/Mortgage, Security Agreement, Assignments, UCC Financing Statements, and initial escrow statements
? Responsible for reviewing fees and disbursements for accuracy.
? Complies with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act
? Carries out such other duties as may be requested or assigned.

Ideal candidates for the role will include:
? High School Diploma or equivalent required.
? Five years of banking and/or customer service experience
? Minimum 3 year of related experience.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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