Loan Documentation and Processing Associate
Citi
full-time
Posted on:
Location Type: Hybrid
Location: Irving • Florida • Texas • United States
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Salary
💰 $48,840 - $68,160 per year
About the role
- Manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process.
- Independently processing and closing loans within a complex loan operations environment.
- Providing day-to-day loan transactional processing which may include booking cash transactions and making payments, performing loan reconciliations, input of general ledger entries and (complex) calculations.
- Supporting an expansive and/or diverse array of products (risk and control) /services.
- Following established procedures to identify and resolve problems related to loan documentation/processing activities that require investigation or research.
- Make recommendations to management to support process improvement.
- Resolving problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
- Designing and analyses moderately complex loan documentation reports to satisfy management requirements, support/control activities, and the launch of products/services.
- Making evaluative judgments based on the analysis of factual information, and provides assistance in the implementation of loan documentation process improvements.
- Minimizing risk to the bank through increased knowledge of procedural requirements; understands and monitors errors to suggest solutions to reduce errors, and to adhere to audit and control policies.
- Timely management and escalation of all requests and issues related to loan processing.
- Has direct interaction with external customers to disseminate or explain information.
- Demonstrates an intermediate level of understanding of products and processes, and of how duties relate/integrate with others in the team and closely related teams.
- Demonstrates an excellent knowledge of Bank related systems.
Requirements
- 0-2 years of experience
- Basic knowledge of Business Processes, Systems and Tools used in the Loan Process
- Demonstrate understanding of Loan Processes, Procedures, Products and Services
- General 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
Benefits
- medical, dental & vision coverage
- 401(k)
- life, accident, and disability insurance
- wellness programs
- paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
loan documentationloan processingcash transactionsloan reconciliationsgeneral ledger entriescomplex calculationsprocess improvementrisk managementaudit and control policiesdata analysis
Soft Skills
problem solvingcommunicationinterpersonal skillsanalytical thinkingattention to detaildecision makingcustomer serviceteam collaborationrecommendation skillsescalation management