Loan Documentation Specialist


Join the Popular Team!

Founded in 1893, Popular Inc. has been built upon strong institutional values while providing broad financial services within the United States, Puerto Rico, and the Caribbean.

We strive to create an extraordinary legacy with a passion for customer service, tremendous dedication to our employees, and strong partnerships in the communities where we reside. Come explore Popular - Our bottom line is you.

US Loan Documentation

We are currently sourcing for a Loan Documentation Specialist. This position will be responsible for closing due diligence and documentation for a large volume commercial loans in the Loan Documentation team in Popular Bank.

In this position, you will:


  • Receive and review requests for closing commercial, real estate, construction, SBA, and franchise loans.
  • Responsible for effectively processing loan requests under minimum level of supervision, by obtaining, verifying, completing and maintaining all necessary loan documentation.
  • Review and research lit/lien, title searches and title commitments and work with loan officer to clear all exceptions.
  • Ensure that all formation documentation such as Articles of Incorporation, Filed LP-1 (for Limited Liability Companies, Limited Liability Partnerships), Partnership Agreements, Operating Agreements, Certificates of Trust, Certificates of Good Standing, etc., is included in the loan package, as applicable.
  • Review types of collateral being taken by the Bank, for appropriate documentation and to ensure Bank’s ability to perfect its position.
  • Upload documentation requests onto LaserPro application to produce loan documents for closing.
  • Coordinate closings with title companies for real estate transactions.
  • Funding: Review loan documentation packages to ensure that all required documentation is signed and included.
  • Funding: Ensure the accuracy of wire instructions, obtain insurance certificates, verify CD holds, verify checking account openings, obtain proof of UCC filing, , and obtain any other documents as required.
  • Maintain and update in-house loan tracking system on a timely basis.
  • Maintain a specialized knowledge of the documentation department’s function, terminology, policies and procedures, and related laws and regulations at the local, state and federal levels.

To be considered, you will need:


  • Have strong analytical/math skills to identify and resolve problems.
  • Provide service excellence by identifying key client business issues, determining client needs by supplementing the standard assessment techniques and tools with innovative approaches, evaluating and validating analysis and developing recommendations for the business.
  • Strong oral and written communication skills including presentation skills.
  • Detail-oriented and able to take initiative in owning multiple projects.
  • Must be proficient with Microsoft Office.
  • High school diploma or general education degree (GED)
  • Minimum 2 to 4 years prior commercial loan closing experience required
  • LaserPro knowledge a must.
  • Metavante experience is highly preferred.


Please consider joining our DYNAMIC, friendly team! It takes only a few minutes to check-out this great opportunity and apply!

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

To learn more about Popular, visit our website at 

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Banco Popular
Full time
New York, NY 10004, US