Senior Loan Documentation Specialist

About Us
Capital Bank N.A. is headquartered in Maryland, and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey.

Come join a bank where our employees thrive and are engaged in meaningful work. For the last 5 out of 6 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker.

Position Purpose

The Senior Loan Documentation Specialist is responsible for delivering high level and quality customer service. They are expected to interact closely with Loan Officers, their Administrative Assistants, Credit and other Departments to support the ongoing servicing of new and renewed loans and maintaining the Bank's loan files in accordance with the Bank's policy and legal requirements.

Position Responsibilities

• Completes post-closing audit of new and renewed loans:
• Verifies loan information by comparing data and confirming that the coding is accurate and in compliance with Bank's policy and legal requirements.
• Review closing package for completeness.
• Prepare the loan input forms for input into the loan accounting system. Prepares and enters the transaction to the Bank's core for loan activation and ensuring that costs associated with the loan are posted to the correct general ledger accounts.
• Ensures certain core loan documentation is timely uploaded to the Bank's Imaging System.
• Ensures loan collateral instruments are promptly sent for perfection and the accurate follow up tickler items are established on the Bank's core system.
• Receives and reviews new loan advances:
• Review the request for advance and ensure that the draw advance of principal in compliance with loan documentation.
• For Construction Loan Draws, review the inspection report and draw back up for compliance with Bank's policy.
• Prepares the transaction for input into the loan accounting system.
• Ensures the request and supporting documentation are timely uploaded to the Bank's Imaging System.
• Receives perfected loan collateral documents:
• Review recorded collateral documents to ensure properly recorded.
• Update tickler system.
• Ensure the documentation is timely uploaded to the Bank's Imaging System.
• Receives loan payoff requests:
• Reviews the request and prepares the payoff statement in accordance with the loan documentation.
• Receives and processes the payoff in the loan accounting system.
• Prepares lien releases and sends to appropriate party for processing.
• Ensures payoff and release documentation is timely uploaded to Imaging System.
• Ensures the collateral records in the loan accounting system are properly updated to reflect any released or changed collateral.
• Other Duties as Assigned, such as:
• Provides documents for internal and external auditors
• Assists with special projects.
• Participates in any department activities to promote efficiency and quality
• Cross trains to learn other job duties within the department

Minimum Education and Experience

• Bachelor's degree in relevant field or equivalent work experience.
• 3-5 years previous loan department experience preferred.
• Knowledge of lending and banking policies, procedures, and regulations.

Technical Knowledge and Skills

• Microsoft Office Suite.
• LaserPro or equivalent
• Fiserv Navigator/Premier
• Excellent written and oral communication skills.
• Knowledge of lending and operational compliance regulations.

Working Arrangements

• This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. You will be able to work remotely on Wednesday.

Compensation

• Base Salary Range: $60,000 - $90,000 annually. Final determination of where you are at in the salary range is based on numerous factors such as relevant experience, skill set, education, geographic location, and ability to meet qualifications within the job description.
• Additional Compensation: This role will include a yearly annual target bonus based on individual performance.

Why Join Us?

• Join a growing company with a culture that fosters an entrepreneurial spirit
• Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more!
• Company Contributions to your 401k - Regardless of your contribution
• Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
• Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities
  
  

Supporting Businesses. Helping People. Strengthening Communities.
Capital Bank, N.A. is an E-Verify, Affirmative Action and Equal Opportunity Employer.