Sr. Loan Administration Specialist

Description

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 primarily 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 Loan Administration 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 loan support functions for 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.
• Updates Core and ancillary Systems to accurately affect loan documentation and to set up taxes and insurance tracking.
• Review closing package for completeness post-closing.
• Prepare the forms for input into the loan accounting system. Prepares and enters loan transactions to the Bank's core for loan activation and ensures 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.
• Tracks loan collateral instruments to ensure recorded documents are returned perfected and the accurate by using tickler systems established on the Bank's core system.

Receives and processes loan advances :

Education and Experience Required :

Technical Knowledge and Skills

Compensation

Working Arrangements :

This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. This person can sit out of our Rockville headquarters. You will be able to work remotely on Wednesday.

Why Join Us?

Supporting Businesses. Helping People. Strengthening Communities.

Capital Bank, N.A. is an affirmative action and equal opportunity employer.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.