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Pilot Point

    Loan Operations Specialist - Pilot Point, United States - Point Bank

    Point Bank
    Point Bank Pilot Point, United States

    3 weeks ago

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    Description

    About the Organization

    PointBank has been an independent, locally-owned community bank serving Denton County, Texas since over 135 years Currently, we have nine branches conveniently located throughout Denton County.

    We, at PointBank, would like to invite you to use our banking services, as well as consider joining our team of dedicated employees PointBank's mission is to make every customer feel like the only customer so they refer their family and friends.

    To accomplish this, we provide a fun and professional environment where employees are challenged to be the best version of themselves.


    Description
    LOAN OPERATIONS SPECIALIST - REAL ESTATE PROCESSING

    Promote, market, and facilitate the overall sale of products of the bank.

    Contribute to the bank's growth by the effective sale of bank services to new and existing customers with emphasis on courteous and professional service.


    REPORTING RELATIONSHIP AND SCOPE
    This position reports directly to the SVP-Sr. Credit Officer and the Loan Operations Assistant Manager

    This position reports indirectly to the SVP-Sr. Lending Officer and the Chief Operating Officer /Chief Risk Officer.


    FLSA STATUS
    This position is classified as Non-Exempt under the FLSA


    OVERVIEW
    The purpose of this position is to perform the duties related to processing, closing, funding and servicing of real estate loans


    ESSENTIAL JOB FUNCTIONS
    Maintain a productive work flow and work as a member of a professional team

    Facilitate processing for all Real Estate (Commercial/Construction/Residential/etc.) loans

    Ensure that all required documentation is present in the loan request as contained in the real estate checklist

    Ensure that necessary approval has been obtained

    Assist loan processors with obtaining needed documentation and loan document requests to attorney and/or third parties

    Review real estate loan documents for accuracy and obtain corrections as needed

    Book loans once closed accurately and in accordance with loan approval and loan documents

    Fund loans once closed and review for completeness and requirements met with appropriate exception approvals

    Prepare and give to the SVP-Sr. Credit Officer the booking checklist within 72 hours of booking

    Assist with imaging loan files, ensuring these are completed within 72 hours after receipt of original documents.

    Ensure that all legal documents have been filed for recording with the appropriate agencies

    Ensure receipt of title policy from title companies and review for accuracy

    Set up and process construction draws

    Assist loan customers with service issues such as payments, auto transfers, interest calculations, insurance reports, etc.

    Quote and process payoffs of loans

    Prepare lien releases

    Review lien releases prepared by others

    Process any participation advances or payment requests

    Process monthly payments for all purchased loans

    Set-up and monitor loan documentation exception tracking and clearing

    Scan and verify documents in imaging system

    Collateral maintenance; verify filing of UCC Financing Statements/Continuations

    Insurance tracking and monitoring

    Process insurance and real estate tax payments from escrowed accounts

    Perform annual escrow analysis

    Monitor and clear delinquent property taxes

    Verify data input on new and renewed loans

    Balance and reconcile assigned General Ledger accounts

    Verify collateral hold input for all locations

    Track negotiable collateral valuations

    Assist in preparation of loan portion of the monthly Board reports

    Provide data and information to sales staff from files

    Cross train in all areas of the department and rotate duties periodically

    Train on new tasks as they are assigned to the department

    Troubleshoot and provide assistance to employees/customers on any inquiries, customer service issues, disputes, etc.

    Assist in writing and updating procedures

    Attend all meetings and complete all training required to ensure regulatory compliance

    Comply with all applicable Federal and State regulations and guidance associated with the performance of your job function

    Comply with all applicable BSA/AML/OFAC policies and procedures associated with the performance of your job function, including participation in required training and identifications of suspicious activity

    Responsible for making suggestions to improve branch/departmental operations and overall bank

    Perform other duties and assignments within the bank at Management's request; accept periodic cross-training

    EQUIPMENT USE, PHYSICAL & MENTAL DEMANDS, AND
    WORKING CONDITIONS

    Frequency:
    (R) Rarely 0-15%; (O) Occasionally (16-45%); (F) Frequently %)


    EQUIPMENT USE
    Telephones-F

    Copier/Fax Machine-F

    Computer-F

    Letter Folding/Stuff Machine-R

    Mail Machine-R

    Document Scanner-F

    PHYSICAL & MENTAL DEMANDS


    Light to Medium work-Exerting up to 50 pounds of force occasionally, and/or up to 10 pounds of force frequently to lift, carry, push, pull or otherwise move objects, including the human body.

    Stooping/Crouching-O

    Standing/Walking-F

    Sitting-F

    Pushing/Pulling/Lifting-O

    Fingering/Grasping-F

    Repetitive Motions-F

    Talking/Hearing-F

    Reading/Writing-F


    Close Visual Acuity-worker is required to perform such tasks as preparing and analyzing data and figures, transcribing, or viewing a computer terminal.

    Interpreting Data-F

    Problem Solving-F

    Making Decisions-O

    Organizing-F


    WORKING CONDITIONS
    Worker is subject to inside environmental conditions; protection from weather conditions but not necessarily from temperature changes-F

    Worker is subject to outside environmental conditions when traveling to branches/departments, bank events or required bank meetings and training sessions-O

    Worker is subject to local travel as required when traveling to branches/departments, bank events, or required bank meetings and training sessions-O

    The above statements describe the general nature and level of work being performed.

    They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of the position.

    Employees holding this position will be required to perform any other job-related duties as requested by management. All requirements are subject to possible modification to reasonably accommodate individuals with a disability.


    Full-Time/Part-Time
    Full-Time


    Location
    Pilot Point


    Position Requirements

    EOE Statement
    The above statements describe the general nature and level of work being performed.

    They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of the position.

    Employees holding this position will be required to perform any other job-related duties as requested by management. All requirements are subject to possible modification to reasonably accommodate individuals with a disability.

    If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Recruiter at PointBank is an Equal Opportunity Employer of minorities, women, veterans, and disabled.



    This position is currently accepting applications.


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