Loan Officer Jobs in Dallas

Image via WikipediaLoan Officer Jobs in Dallas Bachelors Degree in Accounting or Finance and at least 3-5 years experience in banking or any other related financial industry. Ideal candidate may possess a combination of education and work experience that would be a good fit for this business. Previous work experience in Loan Operations, Public Accounting, Loan Review, and Internal Audit help provide the needed skills to do this job. Other job characteristics include: Organizational skills, analytical ability, interest in working with numbers, driven to complete tasks, ability to multi task, meet deadlines and work successfully both independently and within a team environmentApplicant must be able to effectively read and review loan approval write-ups in connection with manual booking of loan documents to ensure proper tracking and covenant compliance. Duties include: 1) Verification of completeness of credit approval to match actual loan agreement for loan monitoring. 2) Monitor assigned databases on Loan Monitoring System for changes in performance trends which include booking new and renewed loans along with updating any approved modifications to those same loans and tracking past due documentation. 3) Manual calculation of covenants as stated in the loan agreements to ensure loan compliance with the Credit approval. This monitoring is based on documents and covenants as written in the Loan Agreements. Therefore, ability to read and understand legal documents is a requirement. 4) Mathematically calculate ratios as set forth in the Loan Agreements to verify Borrower compliance with stated covenants and Bank policy approval. This is essential as Excel spreadsheets are set up to test all covenants as written in the loan agreements. This position supports the Loan Documentation and Funding Control Group. 

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