Loan Documentation & Processing Specialist II

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Prepare, review, and maintain documentation to support accurate, compliant, and timely loan origination and servicing activities.

• Draft and validate loan documents.

• Verify collateral and supporting information.

• Ensure that required disclosures and regulatory elements are included.

• Collaborate with internal partners to resolve any documentation discrepancies.

• Input customer payments into the system.

• Post loan payments to respective accounts.

• Encode and endorse checks while assisting in the preparation of bank deposits.

• Review remittances for any discrepancies.

• Submit correspondence to the appropriate departments.

• Perform additional duties as assigned.

⛳️ Requirements

• Fundamental knowledge of job procedures and tools.

• A minimum of 2 years of relevant experience.

• Vocational or technical training may be required.

• Capacity to work under moderate supervision.

• Ability to manage routine problems that may require occasional interpretation or deviation from standard procedures.

• Proficient in communicating information that necessitates some explanation or interpretation.

• Understanding of loan documentation and processing activities.

• Familiarity with payment posting, check encoding and endorsement, bank deposits, remittance review, and correspondence routing.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• Life insurance.

• Disability coverage.

• Paid time off.

• Retirement savings through a 401(k) plan.

• Wellness resources.

• Potential for incentive compensation, bonuses, or other variable compensation, subject to applicable plans and performance criteria.