Loan Documentation Representative / Specialist
$19.07 - $36.18/hr
Junior, Mid
Associate's
Honesdale, PA, USA
In Person
Finance & BankingRetail & Commercial Banking
About the job
Requirements
- A high school diploma or equivalent is required.
- For the Loan Documentation Representative position, normally at least four years of work experience is required; two years of related-field experience is normally preferred.
- For the Loan Documentation Specialist position, at least two years of experience as a Loan Documentation Representative or three years of experience in related lending positions is normally required.
- The Representative role requires clear English communication; proficient reading, writing, grammar, mathematics, interpersonal relations, and communication skills; moderate computer skills; knowledge of the credit application process and/or documentation requirements; and visual and auditory skills.
- The Specialist role requires clear English communication; proficient reading, writing, grammar, and mathematics skills; excellent interpersonal relations and communication skills; moderate computer skills; demonstrated knowledge of the credit application process and/or documentation requirements; proficient knowledge of lending regulations; and visual and auditory skills.
Responsibilities
- Underwrite new consumer loan applications in accordance with the Bank’s lending policy.
- Coordinate receipt of supporting documentation for new consumer loan applications.
- Prepare and send disclosures required by regulation.
- Verify data as required by the Home Mortgage Disclosure Act.
- Prepare adverse action letters for declined consumer and commercial loans.
- Prepare closing documents for consumer and commercial loans using the loan origination platform.
- Enter appropriate computer data for new loans into the core servicing system.
- Upload documentation for new loans to the document imaging system.
- Disburse proceeds for all consumer and commercial loans.
- For the Specialist role, assist with maintaining the department pipeline log.
- For the Specialist role, ensure information required by the Home Mortgage Disclosure Act is gathered and entered on the Loan Application Register.
- For the Specialist role, verify credit information for inclusion in loan files.
- For the Specialist role, prepare closing documents for more complex loans using the loan origination platform.
- For the Specialist role, prepare reports for the supervisor as needed.
- For the Specialist role, help maintain departmental procedures and suggest process and procedure improvements to enhance efficiency.
- Respond within established time frames and policy to inquiries and requests concerning the role’s area from customers, Bank personnel, and others.
- Coordinate specific work tasks with department personnel and other departments to support the efficient flow of information.
- Abide by laws and organizational policies and procedures intended to maintain a workplace free of harassment and illegal discrimination.
- Support internal policies, procedures, and practices for risk management, safety and soundness, and regulatory compliance.
- Report pertinent information to the immediate supervisor as requested or on an established schedule; compile information as needed or directed and provide data to appropriate Bank personnel.
- Perform ancillary tasks that support the essential functions of the job and may vary depending on individual circumstances.
Desired Qualifications
- AIB-related courses or an associate degree in a related field are preferred for both the Representative and Specialist positions.
- Specialized education and training related to loan regulations is identified for the Specialist role.
About the company
A community bank that provides personal and business banking services, including checking and savings accounts, and certificates of deposit (CDs). It uses a mix of in-person customer service and digital options like online and mobile banking to serve local individuals and businesses. Revenue comes from interest rate spreads on loans and deposits plus service fees. The bank emphasizes local economic growth and security, highlighted by adopting a .bank domain to enhance digital banking safety. Compared with larger banks, it differentiates itself through a strong local focus, personalized service, and a combination of traditional and digital banking experiences. The goal is to support community growth by offering dependable financial services to residents and local businesses while maintaining secure digital banking choices.
Company Size
N/A
Company Stage
IPO
Headquarters
Honesdale, Pennsylvania
Founded
N/A
Simplify's Take
What believers are saying
- Dimeco's first-half 2026 net income rose 27.4% to $10 million.
- June 30, 2026 assets hit $1.2 billion, with loans up 11.4%.
- June 2026 dividends rose 7.1%, signaling capital strength and board confidence.
What critics are saying
- Allowance for credit losses hit $13.7 million because one large loan needs monitoring.
- First-quarter 2026 provision for credit losses reached $12.3 million, pressuring earnings.
- A single commercial borrower deterioration could erase capital and force a 2027 merger sale.
What makes The Dime Bank unique
- June 2026 .bank migration strengthened phishing resistance and customer trust.
- Nine branches across Lackawanna, Pike, and Wayne counties anchor hyperlocal service.
- Mobile Dime and online banking preserve relationship banking beyond teller hours.
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Benefits
- Professional Development Budget