Jr Loan On-Boarding Specialist - Sugar Land, La Grange, Victoria

Prosperity Bank - La Grange, TX

Full-time - Entry Level

La Grange, TX

Credit Intermediation and Related Activities

About the position

The Jr Loan On-Boarding Specialist position is designed to facilitate the review, processing, funding, and on-boarding of various types of loans, including consumer non-real estate, consumer mortgage, commercial real estate, commercial & industrial, oil & gas, agriculture, and SBA loans. The specialist will be responsible for ensuring that all loan documents are thoroughly reviewed for lien perfection and that promissory notes are accurately on-boarded according to the loan documents. This includes tracking recordings, updating documents as necessary, and processing payments as required. Additionally, the role involves reconciling and creating tickets or keyboard posting all general ledger transactions, ensuring that all financial records are accurate and up-to-date. Effective communication is a key component of this role, as the specialist will need to engage in email communications with lending staff to ensure that all necessary information is shared and that any issues are promptly addressed. The performance of the specialist will be measured by their ability to review and approve loans in compliance with legal, regulatory, and loan policy requirements, as well as their adherence to established policies and procedures. Maintaining professional business relations with bank personnel and providing assistance as needed will also be critical to the success of this position. The specialist will be expected to maintain service level agreements and keep management informed of area activities through complete and timely reporting.

Responsibilities

• Review and process various types of loans including consumer non-real estate, consumer mortgage, commercial real estate, commercial & industrial, oil & gas, agriculture, and SBA loans.
• Ensure lien perfection by reviewing loan documents thoroughly.
• On-board promissory notes per loan documents, including tracking for recordings and updating documents as needed.
• Process payments as required and reconcile all general ledger transactions.
• Create tickets or keyboard post all general ledger transactions accurately.
• Communicate via email with lending staff as necessary to facilitate loan processing.

Requirements

• High School graduate or equivalent; associate or bachelor's degree preferred.
• Knowledge of loan document and real estate documentation is required.
• Time management skills are essential for this role.
• Prior experience in a financial institution is helpful.
• 3+ years of experience in credit, loan servicing, or administration operations, particularly in loan covenant perfection, borrowing base calculations, DTI and LVT ratio calculations.