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Loan Documentation Process Jobs (NOW HIRING)

Loan Documentation Specialist

New Castle, DE ยท On-site

$61K - $86K/yr

Activities will include independently processing and closing loans within a complex loan operations ... Demonstrates a understanding of the loan documentation processes to identify policy gaps and ...

New

Process documentation for line of credit renewals, extensions, modifications, loan increases, and new loan offerings. * Update loan data in internal systems; create and manage UCC templates in CT ...

The documentation process includes all new loans, amended and restated, renewals, modifications and amendments. * At times works with internal or external counsel to supplement documentation when ...

The documentation process includes all new loans, amended and restated, renewals, modifications and amendments. * At times works with internal or external counsel to supplement documentation when ...

The documentation process includes all new loans, amended and restated, renewals, modifications and amendments. * At times works with internal or external counsel to supplement documentation when ...

Loan Documentation Specialist

Hamilton, NJ ยท On-site

$52K - $60K/yr

The person in this role will also assist with processing all business express loans received through the bank's digital loan origination system. All loan documents must be prepared in accordance with ...

Manage active loan pipeline, performing due diligence and processing approved loan requests * Coordinate all aspects of loan closings, including funds flow, booking, and documentation execution

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Loan Documentation Process information

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$12

$28

$54

How much do loan documentation process jobs pay per hour?

As of Jun 17, 2026, the average hourly pay for loan documentation process in the United States is $28.75, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $39.66 per hour, depending on experience, location, and employer.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary plus bonuses, and familiarity with loan processing and underwriting is essential for accurate fee calculation.

Is loan processing a hard job?

Loan processing is a detail-oriented role that involves reviewing financial documents, verifying information, and ensuring compliance with lending policies. It can be challenging due to the need for accuracy, attention to deadlines, and understanding of financial regulations, but it is manageable with proper training and experience.

What is Loan Documentation Process?

The Loan Documentation Process refers to the series of steps involved in preparing, reviewing, and finalizing all necessary paperwork required to approve and disburse a loan. This process ensures that all legal and regulatory requirements are met, and that the terms of the loan are clearly documented for both the lender and the borrower. Proper loan documentation helps prevent disputes, protects the interests of both parties, and facilitates smooth loan servicing and repayment. The process typically includes collecting financial documents, verifying borrower information, and executing loan agreements.

What does a loan documentation specialist do?

A loan documentation specialist prepares, reviews, and manages the paperwork required for loan approval and funding. They ensure all documents comply with legal and company standards, often using loan processing software, and verify borrower information for accuracy and completeness. Attention to detail and knowledge of lending regulations are essential in this role.

What is the difference between Loan Documentation Process vs Loan Underwriter?

AspectLoan Documentation ProcessLoan Underwriter
Primary RolePreparing, reviewing, and organizing loan documentsAssessing loan applications and approving or denying loans
Required SkillsAttention to detail, knowledge of loan documents, complianceRisk assessment, financial analysis, decision-making
Work EnvironmentOffice setting, often in banks or lending institutionsOffice environment, often in banks or mortgage companies
CertificationsTypically none required, but familiarity with lending regulations helpsCertifications like Loan Underwriting Certification are common

The Loan Documentation Process focuses on preparing and managing loan documents, ensuring accuracy and compliance. In contrast, a Loan Underwriter evaluates loan applications to determine approval based on risk analysis. Both roles are essential in the lending industry and often work closely together, but they serve different functions in the loan approval process.

How much does a loan documentation specialist make?

A loan documentation specialist at Bank of America typically earns an average salary ranging from $45,000 to $65,000 annually, depending on experience and location. The role involves reviewing and preparing loan documents, often requiring familiarity with banking software and attention to detail.

What are some common challenges faced in the Loan Documentation Process role, and how can they be managed effectively?

Professionals in the Loan Documentation Process often encounter challenges such as handling tight deadlines, ensuring accuracy under pressure, and managing large volumes of paperwork. It's essential to stay organized, regularly update checklists, and maintain open communication with loan officers, underwriters, and clients to proactively address any missing or incorrect information. Utilizing document management systems and staying up-to-date on regulatory changes can also help ensure compliance and streamline the workflow.

What are the key skills and qualifications needed to thrive in Loan Documentation Process roles, and why are they important?

Success in a Loan Documentation Process role requires strong attention to detail, knowledge of banking regulations, and experience with loan documentation procedures, often supported by a finance or business-related degree. Familiarity with loan origination systems (LOS), document management software, and compliance tools is typically essential. Excellent organizational skills, problem-solving ability, and clear communication help professionals excel in coordinating between clients and internal teams. These skills ensure accurate, compliant, and timely loan processing, which is critical for minimizing risk and maintaining customer trust.
More about Loan Documentation Process jobs
What cities are hiring for Loan Documentation Process jobs? Cities with the most Loan Documentation Process job openings:
What states have the most Loan Documentation Process jobs? States with the most job openings for Loan Documentation Process jobs include:
Infographic showing various Loan Documentation Process job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 36% Full Time, 55% Part Time, 1% Temporary, 6% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $59,797 per year, or $28.7 per hour.
Loan Documentation Specialist

Loan Documentation Specialist

Citigroup, Inc.

New Castle, DE โ€ข On-site

$61K - $86K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago


Job description

The Loan Doc & Proc Intmd Assoc Ayst is a developing professional role which integrates in-depth specialty knowledge with a solid understanding of industry standards and practices; demonstrates good understanding of how the team and area integrate with others in accomplishing the objectives of the subfunction/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.
Individual must be accountable, ethical, results oriented, trustworthy, and credible.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Responsibilities:
  • This role will manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process
  • Activities will include independently processing and closing loans within a complex loan operations environment.
  • Integrates a solid understanding of industry and business standards and practices of loan documentation processes
  • Deals with most loan-related problems independently and has some latitude to resolve complex issues, where expertise is required to interpret against policies, guidelines, or processes
  • Applies judgment when interpreting data, preparing reports, and presents findings to management
  • Make resolution recommendations based on identified trends and facts
  • Designs and analyzes complex reports often related, but not limited to loan documentation processes to satisfy management requirements and support/control activities
  • Participates in and supports the implementation of projects and process improvement initiatives
  • Interprets data and makes recommendations for the launch of new products/services and upgraded platforms that loan documentation/processing functions
  • Demonstrates a understanding of the loan documentation processes to identify policy gaps and formulate policies to support the streamlining of related work processes.
  • Minimizes risk to the bank through a solid understanding of procedural requirements - provides solutions to reduce errors, to adhere to audit and control policies. Serves as a checker for systematic transactions as a last line of defense.
  • Timely escalation and resolution of all inquiries and issues related to loan documentation.
  • Applies a solid understanding of how the team and area integrate with others in accomplishing the objectives of the sub-unit
  • Provides informal guidance and/or on-the-job-training to new team members
  • Works closely with own team and internal stakeholders in order to meet client needs
  • Has direct interaction with external customers to disseminate or explain information
  • Individuals who are emerging as an expert in a specific skill set, business area or product, but who remain focused primarily on daily execution
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct business practices, escalating, managing and reporting control issues with transparency.

Qualifications:
  • 2 - 5 years relevant experience
  • Basic knowledge of Business Processes, Systems and Tools used in the Loan Process
  • Demonstrate understanding of Loan Processes, Procedures, Products and Services
  • General awareness of managing, preparing, and reviewing loan documentation
  • Able to identify, mitigate, manage, resolve, and escalate risks and issues
  • Reasonable awareness of risk types, policies and control measures and processes
  • Comply with applicable laws, rules, and regulations, and adhering to Policies

Education:
  • Bachelor's/University degree or equivalent experience

Job Family Group:
Operations - Transaction Services
Job Family:
Loan Documentation and Processing
Time Type:
Full time
Primary Location:
New Castle Delaware United States
Primary Location Full Time Salary Range:
$61,870.00 - $86,330.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
Jun 30, 2026
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.