Loan Documentation Specialist 1

Why Bank OZK

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.

Job Purpose & Scope

Responsible for coordinating the loan documentation process. Works under general direction, but in conformancewithestablishedpoliciesandprocedures,toensureallregulatory,legal,andloanpolicy requirements are met in advance of preparing loan documents for approved loan requests.

Essential Job Functions

1. Reviewsimagingsystemfordocumentation and documentation deficienciesforinternalrefinanceandmodification requests.

2. UsestheBank’sloanplatformsystemtokeyinformationnecessarytooriginateloandocuments according to approval, collateral, and additional documentation in an efficient manner.

3. Maintainsadailyrecordoftransactionsin process.

4. Communicates with other members of Loan Operations Documentation and the lending staff regardingstatusofloanrequests,missinginformationneededfromthelender/borrowerandclear- to-close information.

5. Managesdocumentation errorstoanacceptablelevel once notified.

6. Manages corrections in a timely manner once notified. 

7. Maintainsgoodpunctualityandattendancetowork.

8. FollowsBankpolicy,procedures,andguidelines.

Knowledge, Skills & Abilities

1. Knowledgeofloanterminologyandelements/processrequiredtoclosealoan.

2. Knowledgeofgeneralbankingprinciplesandfederaland/orstateregulatorylendinglaws.

3. Abilitytocommunicateeffectivelybothverballyandinwriting.

4. Abilitytomulti-taskandworkwithexactingdeadlinesinafast-paced environment.

5. Abilitytomaintainattentiontodetailandcompleteaccurate,detailedworkwithinspecific timeframes.

6. Abilitytoworkeffectivelyinateamenvironmentandhelpotherswhen needed.

7. Abilitytofollowpoliciesand procedures.

8. Abilitytoworkundergeneral supervision.

9. Abilitytoworkextended hours,asnecessary.

10. SkillinusingcomputerandMicrosoftOffice,includingWord,Excel,andOutlook.

Basic Qualifications

1. Highschooldiplomaorequivalent required.
2. Minimumofone(1)yearofexperiencewithMicrosoftOutlook,Word,andExcelsoftware required.
3. Minimumofone(1)yearof workexperiencewithfinancialdocumentsandtransactions(i.e., promissory notes, loan agreements, security deeds, mortgages) preferred.
4. Minimumofone(1)yearofworkexperienceinacentralizedloandocumentationdepartment, preferred
5. PriorexperiencewithTILA-RESPAIntegratedDisclosure(TRID), corporate authority documents (i.e., Articles of Incorporation, By-Laws, Certificate of Good Standing), preferred.

Job Expectations

Operate customary equipment and technology used in a business environment, with or without accommodation.

Notes: This description is not an exhaustive list of all job functions, duties, skills, and job standards required.  Other job functions, duties, skills, and standards may be added.  Management reserves the right to add or change the job requirements at any time.

This position is not eligible for employer-sponsored work authorization or immigration assistance. Applicants must be able to maintain authorization to work in the United States without current or future sponsorship by Bank OZK.

EEO Statement

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.