Financial Documentation Specialist

Jan 31 2025
ALTRES Office |Honolulu|Full Time, $19.00 - $25.00 / hour
Job Description

A local reputable financial institution seeking a Financial Documentation Specialist to manage post-closing activities, loan documentation, and compliance-related tasks. This role involves organizing and reviewing loan files, tracking outstanding items, processing commercial letters of credit, and maintaining reporting accuracy. This is a 3-month position with the possibility to extend and possibly hire.

The ideal candidate will have 1 year of experience in commercial real estate documentation and legal document review.

Interested? Apply today for immediate consideration!

Hours

Full-time, Monday to Friday, 7:00am-4:00pm or 8:00am-5:00pm

Location

Downtown, Honolulu, Oahu

Pay

$19 to $25 an hour

Responsibilities

  • Organize and process loan documentation, including participation/syndication files and letters of credit.
  • Review and validate loan documents for accuracy, completeness, and compliance before filing.
  • Track and resolve outstanding post-closing items with lending units.
  • Submit monthly reports to Treasury regarding follow-up items on pledged loans.
  • Assist with initial setup for insurance certificates and ensure proper system entry.
  • Prepare commercial and standby letters of credit for issuance, amendments, and renewals.
  • Conduct ongoing monitoring, reconciliation, and reporting of outstanding letters of credit.
  • Ensure compliance with financial regulations, including OFAC verifications and document processing standards.
  • Review letter of credit packages for compliance with state and international regulations.
  • Perform other duties as assigned.

Qualifications

  • Must have a high school diploma.
  • Minimum 1 year of experience in commercial real estate documentation and legal document review.
  • Experience in financial services or banking preferred.
  • Strong communication (verbal, written, interpersonal) skills.
  • Strong analytical and organizational skills.
  • Ability to multitask and problem-solve.
  • Ability to pass pre-employment state and federal background check and drug test.