20-52 Loan Specialist
We offer a competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, and flexible work hours so you can have a work/life balance! For more information about these benefits and more visit: http://www.twdb.texas.gov/jobs/benefits.asp
*Only candidates who apply via email to (HR “at” TWDB.texas.gov) with an official State of Texas Application or through the WorkInTexas.com website will be considered for this position.
Job Description Summary
Performs routine (journey-level) loan specialist work. Work involves setting up loan closing files,
reviewing closing documents, monitoring loan closing deadlines and communicating with borrowers.
Works under moderate supervision, with limited latitude for the use of initiative and independent
judgment. Reports to the Credit Manager of the Regional Water Project Development (RWPD) Division.
Essential Job Functions
- Monitors receipt of loan closing documents.
- Conducts reviews and audits of loan closing packages and materials to determine compliance with requirements, contracts, laws, rules, regulations, policies, and procedures, and ensures all loan documents are properly executed.
- Assists with preparing reports.
- Supports RWPD teams in scheduling closing meetings.
- Assists the Credit Manager and Water Supply and Infrastructure (WSI) management in identifying process improvements and areas within RWPD that need improvement or could be streamlined.
- Promotes an environment that encourages teamwork, accountability, professional development, and improvement in performance.
- Reviews and inputs borrower information into internal database.
- Conducts outreach to borrowers to verify closing dates and enforce closing deadlines.
- Maintains confidential and sensitive information.
- Ensures individual and team files (electronic and hard versions) are appropriately maintained and timely disposed of in accordance with the agency's records retention procedures and schedule.
- Maintains required certifications and licenses and meets the continuing education needs and requirements of the position to include, attending mandatory training courses.
- May be required to operate a state or personal vehicle for business purposes.
- Performs other duties as assigned.
Minimum Qualifications Graduation from an accredited four-year college or university OR Graduation from a standard senior high school or equivalent with four years of experience in finance, banking, and/or regulatory experience.
- Relevant education and experience can be substituted on a year-for-year basis.
- Preferred Qualifications Graduation from an accredited four-year college or university with major coursework in Finance, Economics, Accounting, Business Administration or related fields.
- Previous experience with municipal finance.
Knowledge, Skills, and Abilities (KSAs) Knowledge of local, state, and federal laws and regulations relevant to the RWPD Division; and of the principles and practices of public administration.
- Knowledge of Texas Water Development Board (TWDB) financial assistance programs.
- Knowledge of finance administration and public finance.
- Knowledge of financial and industry terminology and practices.
- Knowledge of operating computers, software applications, and peripheral devices.
- Skills in using Microsoft Office programs such as Word, Excel, and Access.
- Skills in use of internet, email, word processing, spreadsheet, presentation, and database software.
- Skills in preparing and maintaining accurate records, reports, documents and correspondence and meeting deadlines.
- Ability to adhere to work schedules, follow procedures with respect to leave and submit accurate timesheets by prescribed deadlines.
- Ability to prepare special reports, budgets utilizing in-house software programs.
- Ability to meet deadlines and respond appropriately to customers needs and special requests.
- Ability to make mature, objective decisions and identify areas of potential problems.
- Ability to perform effectively and willing when changes occur in scope and nature of the work and work environment.
- Ability to perform routine and non-routine work assignments accurately and on-time with little or no supervision.
- Ability to perform assigned duties and improve work habits and/or output.
- Ability to complete assigned work, on time, neatly and with infrequent errors.
- Ability to interpret policies, procedures, and regulations.
- Ability to provide prompt, courteous and accurate assistance and clear and concise communication to internal and external stakeholders both verbally and in writing.
- Ability to work and cooperate with others in a team environment.
- Ability to manage multiple tasks.
- Ability to stand/sit/move with no physical limitations or aids to perform activities such as retrieve/replace files in a large file system for boxes up to 30 lbs.
- Ability and willingness to travel 5% of the time, primarily within the State of Texas.
- Ability to operate a vehicle (state or personal) for state business and maintain a drivers license and driving record that complies with state and agency requirements.
- Ability to work days that may exceed 8 hours, including early mornings, nights, and weekends.
- Ability to train others.
Please see complete job description at http://www.twdb.texas.gov/jobs/index.asp