Due diligence specialist

At ServisFirst, Our Name is Our Mission.

DUTIES AND RESPONSIBILITIES

The Loan Specialist I Due Diligence is responsible for assembling loan documentation for commercial and consumer loans in accordance with regulatory requirements and Bank policy.

Loan packages must be completed accurately and forwarded for further processing in a timely manner to ensure quality service and minimize inconvenience to the customer.

The incumbent will :

• Review submitted pre-closing nCino Doc Prep Memo and documentation to ensure all documents necessary to process the loan have been received and address all outstanding exceptions Review and clear existing collateral exceptions on renewal loans prior to releasing docs
• Ensure all loan requests include proper approval to include aggregate debt, floors and fee waiver approvals, Review in-house loan documentation for commercial, consumer and real estate loans in accordance with Bank policy and regulatory requirements within 12 hours of receipt of completed supporting documentation package
• Ensure all internal systems nCino, Footprints, etc. are updated in a timely manner
• Upon satisfactory documentation review completion of loan package, submit to Doc Prep for review
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

Note : Reasonable accommodation may be made to enable otherwise qualified associates / applicants with disabilities to perform the essential functions of the job.

Note : Additional duties and responsibilities may be assigned.

MINIMUM QUALIFICATIONS

• High school diploma or equivalent
• One (1) or more years of related experience
• Commercial and consumer loan documentation experience to include knowledge of collateral perfection and related regulations
• Experience working with no supervision while performing duties
• Excellent organizational and time management skills, as demonstrated by experience meeting deadlines
• Experience working with Microsoft Word and Excel

PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS

The physical requirements and environmental conditions of this position consist primarily of :

• Sitting at a desk or workstation for long periods of time.
• Occasionally lifting and / or moving materials that weigh 1 to 25 pounds.
• Frequently typing using a keyboard and / or calculator.
• Normal office environment with constant comfortable temperatures and exposure to low noise level (e.g., faxes, phones, printers, etc.).

EOE / AA

Last updated : 2024-05-21