Documentation Specialist

Contract: Minneapolis, Minnesota, US

Salary Range: 19.00 - 21.00 | Per Hour

Job Code: 357380

End Date: 2025-03-23

Days Left: 10 days, 19 hours left

Note:
  • The position is Onsite (Potential to go Hybrid).
Position Details:
  • Position: Loan Documentation Processor (Documentation Specialist)
  • Industry: Banking/Financial Services
  • Job duration: 6 months (Possible extension/conversion) 
  • Location: Minneapolis, MN 55415 (Onsite - Potential to go Hybrid)
  • Working Schedule: 40 hours/week - Monday - Friday
  • Pay Range: $19-20/hour
  • Start Date: ASAP
Project Scope:
  • Helping with the workload on current teams, and reviewing documents and accounts.
Job Details:
  • Team 1 - ABRD (Asset Based Relationship Discount):
    • When a loan application is received, the system assesses the customer's initial eligibility for a discount.
    • Asset Transfer: If the customer transfers assets from a competing financial institution to the client's internal systems, the system will review the new funds.
    • Provide supporting documentation for the asset transfer, such as bank statements.
    • Review the provided documents to verify the source and amount of the transferred funds.
    • Use its internal systems to assess the customer's overall financial situation and determine if they qualify for additional funds or a larger discount.
  • Team 2 - CEMA (Consultation Extension Modification Agreement):
    • Separate group – specific to New York loans (very high tax), reduce equitation.
    • If you refinance, might tax from old money tax.
    • All documents will form a new loan – Need previous loan and lien information to transfer tax information into the new loan.
    • Will use this to reduce or eliminate related fees.
    • Must know how to handle MILLIONS of dollar accounts.
Required Skills:
  • 1-2 years of Loan Documentation experience.
  • Documentation Review (Bank statements - Mortgage loans).
  • High-Risk enterprise environments.
  • Communication with multiple levels of management.
  • Ability to handle feedback/criticism.
  • Highly Detail Oriented.
  • Good attitude/willingness to learn and succeed.
Nice to Have Skills:
  • Previous experience in Mortgage, Financial, Banking or Insurance Industries.
  • Handled asset/money transfers or processing.
Job Requirement
  • Payments
  • Payment Processor
  • Payment Processing Specialist
  • Check Processor
  • Check Processing
  • Documentation Specialist
  • Mailroom
  • Data Entry
  • Typing
  • 10 Key
  • Document Coordinator
  • Loan Documentation Specialist
  • Loan Processor
  • Loan Review Specialist
  • Loan Coordinator
  • Loan Specialist
  • Mortgage Loan Administration Specialist
  • Loan Documentation Processor
  • Document Specialist
  • Document Custody Associate
  • Asset Transfer
Reach Out to a Recruiter
  • Recruiter
  • Email
  • Phone
  • Indranil Kundu
  • indranil.kundu@collabera.com
  • 4049420807
Apply Now
Apply Now
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Collabera is a leading global digital talent solutions firm. For over 25 years, we have provided digital and IT talent services, direct placement and career advisement, global remote talent and learning solutions to transform and diversify workforces for the Fortune 1000 globally.

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