Loan Settlements Analyst

Job Description

• Loan Documentation:
  • Review loan closing documents (confirms/ transfer certs and funding memos) for accuracy and compliance with company policies and regulatory requirements.
  • Ensure all necessary documentation is reviewed for errors, missing or incorrect information and fixed before the execution date.
  • Organize and maintain loan files, ensuring all documentation is filed correctly and promptly.
• Communication and Coordination:
  • Communicate with Clients, Counterparties and Agents to gather necessary information and resolve any discrepancies that arise during the closing process
  • Provide status updates to relevant parties throughout the closing process and maintain and prepare a status report.
• Compliance and Quality Control:
  • Verify that all loan conditions and stipulations are satisfied prior to closing.
  • Ensure client elections on AA and Loan Transfer Certificates are populated in line with requirements
  • Conduct quality control reviews of closing documents to identify and correct errors in time before execution.
• Customer Service:
  • Provide excellent customer service to clients by addressing their questions and concerns promptly and professionally.
  • Assist clients with understanding the loan closing process and requirements.
  • Facilitate smooth and efficient loan closings, ensuring a positive experience for clients.
• Administrative Support:
  • Assist with administrative tasks such as data entry, filing, and document management.
  • Support Senior Settlement Analysts and the Client Managers with special projects and tasks as needed.
  • Maintain up-to-date knowledge of loan products, services, and industry trends