Loan Data Review Specialist I

GENERAL DESCRIPTION OF POSITION

The Loan Data Review Specialist I serves as a first line of error monitoring for the loan onboarding process. This position files appropriate Uniform Commercial Codes (UCC) to secure collateral for the bank and process partial releases.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Reviews booked loans to ensure accuracy across all documentation. This duty is performed daily, about 50% of the time.

2. Processes partial release of collateral in accordance with all procedures and policies. 

3. Ensures recordation of online filings with the appropriate governmental entity in compliance with the Uniform Commercial Code. 

4. Fulfills ticket, phone, and e-mail requests and inquiries promptly and professionally. 

5. Reviews and processes incoming loan files to ready them for booking according to file check-in procedures. 

6. Implements tracking requirements and parameters per loan type. 

7. Performs post lien searches using appropriate Uniform Commercial Codes. 

8. Completes required BSA/AML training and other compliance training as assigned. 

9. The ability to work in a constant state of alertness and in a safe manner. 

10. Performs any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Knowledge of a specialized field (however acquired), such as basic accounting, computer, etc. Equivalent of four years in high school, plus night, trade extension, or correspondence school specialized training, equal to two years of college, plus 19 to 23 months related experience and/or training, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Intermediate: Alphanumeric Data Entry, Database, Word Processing/Typing

Basic: 10-Key, Accounting, Payroll Systems, Spreadsheet

WORKING CONDITIONS

Periodically exposed to such elements as noise, intermittent standing, walking, pushing, carrying, or lifting; but none are present to the extent of being disagreeable.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

Highly repetitive, low physical. Highly repetitive type of work which requires concentration in the performance of tasks for consistent time cycles as prescribed by the tasks.

While performing the functions of this job, the employee is continuously required to use hands to finger, handle, or feel; regularly required to sit, talk, or hear; occasionally required to stand, walk, reach with hands and arms, stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

- Nineteen (19) to twenty-three (23) months of related experience and/or training
- One (1) year of Lending experience and/or training with regulatory compliance
- Keen eye for detail
- Ability to work in a team environment and get along with others
- Be able to handle pressure due to deadline restraints
- Requires multi-task capabilities
- Requires ability to prioritize workflow
- General knowledge of computers