Job Description
The Loan Doc & Proc Assoc Analyst is a developing professional role. This role identifies policy and applies specialty knowledge in monitoring and assessing processes and data. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team. Individual must be accountable, ethical, results oriented, trustworthy, and credible. This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. Responsibilities:This role will manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process.Activities will include independently processing and closing loans within a complex loan operations environment.Involves in 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) calculationsPossible interaction with other counterparties around positions and outstanding balances/claimsSupports an expansive and/or diverse array of products (risk and control) /services.Follows 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.
Responsibilities + Skills
Education
General awareness of managing, preparing, and reviewing loan documentationAble to identify, mitigate, manage, resolve, and escalate risks and issuesAwareness of risk types, policies and control measures and processesComply with applicable laws, rules, and regulations, and adhering to Policies
Experience
0-2 years of experienceBasic knowledge of Business Processes, Systems and Tools used in the Loan ProcessDemonstrate understanding of Loan Processes, Procedures, Products and ServicesGeneral awareness of managing, preparing, and reviewing loan documentationAble to identify, mitigate, manage, resolve, and escalate risks and issues