Loan Documentation Specialist
1 month ago
The Loan Doc & Proc Rep performs complex tasks with a direct impact on the business, ensuring the quality of tasks and services provided. This role works under minimal supervision, servicing a diverse array of products and services. The individual applies in-depth knowledge of technical and professional principles, as well as team objectives, to ensure the quality and service of self and others.
Key Responsibilities- Manage the preparation and review of loan documentation, providing support to various tasks related to the loan process.
- Independently process and close loans within a complex loan operations environment, interpreting data and contributing to recommendations for loan process improvement.
- Minimize risk to the bank through knowledge of procedural requirements, understanding and monitoring errors to suggest solutions.
- Timely escalate all inquiries and issues related to loan documentation.
- Develop a good understanding of products, processes, industry practices, and standards.
- Apply a good knowledge of specialized administrative/technical skills to monitor, analyze, and evaluate processes and data.
- Ensure the accuracy of tasks performed and the quality and timeliness of tasks affecting own team and closely related teams.
- Apply a good understanding of how the team and area integrate with others in accomplishing the objectives of the wider team/working group.
- Utilize good communication and interpersonal skills to interact with colleagues and stakeholders, exchanging potentially complex/sensitive information.
- May have direct interaction with external customers to disseminate or explain information.
- Perform loan documentation/processing functions of moderate complexity.
- Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets.
- 1-2 years of relevant experience.
- Elementary level knowledge of Business Processes, Systems, and Tools used in the Loan Process.
- Demonstrate understanding of Loan Processes, Procedures, Products, and Services.
- Basic 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.
- High School diploma or equivalent.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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