New Loan Specialist

Overview: Completes limited review of loan documentation to ensure compliance with banking laws, regulations and policies, rejecting those that do not comply. Determines applicable system coding based on a review of loan documentation. Enters new loans and processes modifications in the automated loan accounting system.
Position is located at our Administrative Service Center in East Petersburg, Pa. (near Lancaster)
Hours are 8:00-4:30 Monday - Friday.Responsibilities:

• At new loan time, analyzes loan documents and application system to determine applicable core system coding. Performs escrow processing including setup, and maintenance. Build adjustable rate data and participation records if applicable. Processes system changes for modifications and index rate changes. Place orders for line of credit checks. Converts prospective customers and loan accounts to an active status in Dynamic Customer Insight. Prepares loan files and recorded collateral documents for scanning and retention. Creates new loan files and mails collateral to various local and state recording offices to protect the Bank's interest. Provides copies of insurance and tax tracking information to vendors for life of loan tracking.
• Enters data onto the computerized loan accounting system for life of loan servicing. Prepares and processes general ledger entries in conjunction with new loans and FASB9 .
• Communicates with other departments to resolve questions or issues concerning documentation or system coding. Researches booking errors as identified by second review and makes corrections by performing maintenance transactions. Reviews system reports and notices to process changes required on adjustable rate loans, regulatory coding changes, and payment changes.

Qualifications:EducationHigh School Diploma or equivalent. (Required)Experience0 to 6 months Performing the essential duties of this role. (Preferred)EEO Statement: Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.