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The Loan Doc & Proc Assoc Analyst is a developing professional role that integrates disciplinary knowledge with a basic understanding of related industry practices in loan documentation and processing. Responsibilities include transactional processing, process improvement recommendations, risk management, and interaction with external customers. The role requires basic knowledge of the loan process, industry practices, and control measures with adherence to laws, rules, and policies.
Job Responsibility:
Preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process
Independently processing and closing loans within a complex loan operations environment
Providing day-to-day loan transactional processing including booking cash transactions, making payments, performing loan reconciliations, and input of general ledger entries and calculations
Interaction with counterparties around positions and outstanding balances/claims
Following established procedures to identify and resolve problems related to loan documentation/processing activities
Making recommendations to management to support process improvement
Designing and analyzing moderately complex loan documentation reports
Making evaluative judgments based on the analysis of factual information
Minimizing risk to the bank through increased knowledge of procedural requirements
Managing and escalation of requests and issues related to loan processing
Direct interaction with external customers to disseminate or explain information
Appropriately assessing risk when business decisions are made
Requirements:
0-2 years of experience
Basic knowledge of Business Processes, Systems and Tools used in the Loan Process
Demonstrate understanding of Loan Processes, Procedures, Products and Services
General awareness of managing, preparing, and reviewing loan documentation
Able to identify, mitigate, manage, resolve, and escalate risks and issues
Awareness of risk types, policies and control measures and processes
Comply with applicable laws, rules, and regulations, and adhering to Policies
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