Commercial Loan Documentation Specialist

Company Name:
People's United Bank
Commercial Loan Documentation Specialist
Job Description This position is responsible for the review and setup of less complex loan packages, including complete packages for new loans. In addition, this position reviews input performed by senior staff members, on more complex loans, to ensure accuracy.
II. Principal Responsibilities:
Sets up and maintains simple loans on the commercial loan accounting systems.
Reviews previous days input by the loan specialists on more complex loan packages to ensure accuracy .
Sets-up, adjusts and corrects systems to accurately reflect the loan portfolios. May set up and maintain ticklers as volume dictates.
Interacts with customers, lending staff and management to research and resolve problems and correct documentation deficiencies and other issues. May provide loan information to customers, lending staff, operations staff and management, adhering to all privacy regulations.
Reviews insurance, property and legal documentation for adherence to compliance and correct coding on the loan accounting system.
Keeps current on regulatory changes, internal lending and credit policies and business law, provided by management. Uses general loan accounting knowledge in servicing the loan portfolio. Monitors adherence to policy and regulations. Reviews systems exception reports and inputs corrections into system as needed.
Assists in various department projects including system upgrades, conversions and interfaces.
Job Requirements High School diploma required.
2-3 years relevant experience.
Behavioral/Technical Skills:
Strong PC skills including word processing, internal and standard industry software. Ability to learn to use additional software as needed.
Understanding of basic loan accounting principles.
Ability to work with a team and share knowledge and skills with Loan Documentation Reps.
Strong written and verbal skills are required to communicate in a clear and concise manner with customers, lending staff, management and vendors. Proficiency in math is needed to perform basic loan accounting tasks on simple loan packages.
Working knowledge of general loan documentation required for less complex Commercial loans and related compliance policies and procedures.
Proactive and resourceful, ability to resolve a wide range of problems and issues regarding legal documentation related to less complex Commercial loans.
Ability to make decisions related to general legal documentation related to less complex Commercial loans, without guidance.
Employment Type Full Time
Address 1 422 IBM ROAD
Address 2 BUILDING 863
State VT
Zip Code 05495

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