Valley National Bancorp - Saint Petersburg, FL
posted 2 months ago
The Loan Operations Data Integrity Specialist at Valley National Bank plays a crucial role in ensuring that all loan approvals and documentation comply with the bank's lending authority requirements and regulatory standards. This position involves a thorough review of loan packages to confirm adherence to various regulatory requirements, including Flood, HMDA, CRA, and REG B. The specialist will work closely with lenders to resolve any discrepancies found during the review process and will report any significant issues to the supervising manager. In addition to compliance checks, the specialist is responsible for preparing booking sheets for processing clerks, ensuring that all borrower information, loan terms, and billing parameters are accurately inputted into the bank's systems. This includes selecting the appropriate loan account types and codes based on the specific loan terms and bank policies. For line renewals and modifications, the specialist will prepare coding sheets and ensure that any existing fees and prepayment penalties are correctly reset. The role also requires the specialist to audit output reviews to identify and rectify any keying errors, maintain error tracking spreadsheets for senior management, and manage the distribution of loan files for processing. Attention to detail and the ability to work in a fast-paced environment are essential for success in this position, as is the ability to handle multiple projects simultaneously.