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

Prosperity Bank - Lubbock, TX

Full-time - Mid Level

Lubbock, TX

Credit Intermediation and Related Activities

About the position

The Jr Loan On-Boarding Specialist position at Prosperity Bank is designed for individuals who are responsible for reviewing, processing, funding, and on-boarding various types of loans. This includes consumer non-real estate loans, consumer mortgages, commercial real estate loans, commercial and industrial loans, oil and gas loans, agriculture loans, and Small Business Administration (SBA) loans. The specialist will be tasked with reviewing loan documents to ensure lien perfection and will be responsible for on-boarding promissory notes according to the loan documents. This involves tracking recordings, updating documents as necessary, processing payments, and reconciling transactions. The role also requires creating tickets or keyboard posting all general ledger transactions, as well as maintaining email communications with lending staff as needed. Performance in this role will be measured by the ability to review and approve loans in compliance with applicable legal, regulatory, and loan policy requirements, as well as established policies and procedures. The specialist is expected to maintain professional business relations with bank personnel and provide assistance as needed. It is crucial that all required documentation is complete and accurate, service level agreements are maintained, and management is kept informed of area activities. Additionally, reports must be completed and submitted in a timely manner, ensuring that all aspects of the loan on-boarding process are handled efficiently and effectively.

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.
• On-board promissory notes per loan documents, including tracking for recordings and updating documents as needed.
• Process payments as required and reconcile transactions.
• Create tickets or keyboard post all general ledger transactions.
• Maintain email communications with lending staff as necessary.
• Ensure compliance with legal, regulatory, and loan policy requirements during loan review and approval.
• Maintain professional business relations with bank personnel and provide assistance as needed.
• Complete and accurate documentation for all loan processes.
• Maintain service level agreements and keep management informed of area activities.
• Prepare and submit reports in a timely manner.

Requirements

• High School diploma or equivalent; associate or bachelor's degree preferred.
• 3+ years of experience in loan processing or related financial institution roles.
• Strong time management skills are essential.
• Prior experience in credit, loan servicing, or administration operations is helpful.
• Experience with loan covenant perfection, borrowing base calculations, DTI and LVT ratio calculations, particularly with complex commercial and industrial documentation.