Middle Market Lending Specialist supports middle market lending activities with administrative, analytical, and client support activities. Collects and reviews middle market loan development information and prepares required analysis and documentation. Being a Middle Market Lending Specialist establishes good client relationships and potential for future referrals or cross-sell opportunities by responding to requests for information, answering questions about products, and coordinating other service resources. Performs loan portfolio tracking and generates reports to measure compliance with lending terms and policies. Additionally, Middle Market Lending Specialist keeps abreast of lending products, services, and policies. Typically requires a bachelor's degree. Typically reports to a manager. The Middle Market Lending Specialist occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Middle Market Lending Specialist typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
Job Overview:
We are seeking a detail-oriented and highly organized Loan Specialist to join our team. As a Loan Specialist, you will be responsible for assisting with loan origination and processing tasks. This is an excellent opportunity for individuals with a background in financial services and a strong understanding of loan processes.
Duties:
- Assist with loan origination and processing tasks, including reviewing loan applications, verifying financial information, and preparing loan documents
- Conduct thorough analysis of loan applications to ensure compliance with company policies and regulatory requirements
- Collaborate with loan officers and underwriters to gather necessary documentation and resolve any discrepancies
- Perform basic math calculations to determine loan amounts, interest rates, and repayment terms
- Utilize 10-key typing skills to accurately input data into loan management systems
- Maintain accurate and up-to-date records of loan applications, approvals, and denials
- Provide exceptional customer service by addressing inquiries and concerns from borrowers
Requirements:
- Previous experience in financial services or related field preferred
- Strong knowledge of loan origination and processing procedures
- Familiarity with contract terms and regulations, including TILA (Truth in Lending Act)
- Proficient in basic math calculations
- Excellent attention to detail and accuracy
- Ability to work independently and meet deadlines
- Strong communication skills, both written and verbal
- Proficient in using computer systems and software applications related to loan processing
If you are looking for a challenging role in the financial industry where you can utilize your skills in loan origination and processing, then this position is perfect for you. Apply today to join our team as a Loan Specialist!
Job Types: Full-time, Part-time, Contract
Pay: $35,000.00 - $50,000.00 per hour
Expected hours: 40 per week
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person
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