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The Loan Doc & Proc Assoc Analyst is a developing professional role that identifies policy and applies specialty knowledge in monitoring and assessing processes and data. This role integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices, with limited but direct impact on the business through the quality of tasks/services provided.
Job Responsibility:
Manage preparing and reviewing loan documentation
Provide support to tasks related to the loan process
Independently process and close loans within complex loan operations environment
Provide day-to-day loan transactional processing including booking cash transactions, making payments, performing loan reconciliations, input of general ledger entries and complex calculations
Interact with other counterparties around positions and outstanding balances/claims
Support expansive and/or diverse array of products/services
Identify and resolve problems related to loan documentation/processing activities
Make recommendations to management to support process improvement
Design and analyse moderately complex loan documentation reports
Minimize risk to the bank through increased knowledge of procedural requirements
Timely management and escalation of all requests and issues related to loan processing
Interact with external customers to disseminate or explain information
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
Bachelor's/University degree or equivalent experience
What we offer:
Medical, dental & vision coverage
401(k)
Life, accident, and disability insurance
Wellness programs
Paid time off packages including vacation, sick leave, and paid holidays
Discretionary and formulaic incentive and retention awards
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