Loan Documentation Specialist

  • Old Point National Bank
  • Hampton, VA, USA
  • 05/13/2022
Full time Banking Finance

Job Description

Imagine making an impact in a position where you will have the chance to take control of your career path as a Loan Documentation Specialist for one of the best banks to work for, as recognized by American Banker. Train with experts in the loan documentation process while utilizing your expertise to have a voice in new and existing policies.  

You will never encounter a silo mentality here. Instead, you will have the chance to learn across departments for a more rewarding career with opportunities for long-term advancement. 

Old Point National Bank is searching for a Loan Documentation Specialist in Hampton, VA.  

Apply now or forward your resume to:  

As a member of the team, you can expect: 

  • Top Compensation: Salaried position ranging from $35,000 - $47,130/year, commensurate with experience. 
  • Excellent Benefits: Medical, dental, vision, life, short- and long-term disability, HSA with up to $100 match monthly, 401(k) with 4% match, and more! 
  • Opportunities for Advancement: We are actively invested in your growth and helping you feel more fulfilled in your career with a track specifically developed to grow your skills, earn more money, and achieve promotions quicker than you would at a large corporate bank.  
  • Culture: Consistently ranked among the best banks to work for by American Banker, Old Point National Bank cares for their employees and wants them to succeed! While awards are a great recognition, Old Point is most proud of the reviews and testimonials of our employees. 
  • Community Bank – Enjoy a friendlier atmosphere than a larger bank. Rid your life of the stuffy bureaucratic policies you may have experienced - this is a wonderful place to work. 
  • Have a voice on exciting projects: This can be your chance to be a part of efficiency improvement while we onboard our up-and-coming consumer loan origination system.  
  • Growth: Work with senior leadership across departments to develop your own role and skillset in all aspects of loan operations, not strictly one function. 
  • Quality: Take pride in working with an organization that deeply cares about their customers and strives to always provide stellar support to their employees and service to their clients! 

Old Point considers it a privilege to serve our community: 

  • Even though Old Point has grown substantially over the decades, we still operate under local management, with the same trusted name, and the same genuine concern about our customers for nearly 100 years. 
  • Old Point is committed to giving back to the regions we serve and every member of the Old Point Family – our customers, employees, stockholders, board members – are committed to our community. 
  • We live where you live, work where you work, and play where you play. Local truly matters to us. 


  • At least 2 or more years of loan documentation experience. 
  • Experience with loan core systems. 

Essential Functions: 

  • Performs quality reviews of loan documentation to reduce risk of loss and ensure policy and procedures are followed.  
  • Compares all loan documents and approval documents to the Bank’s Core, to ensure accuracy.  
  • Review assigned reports daily. 
  • Prepare monthly reports on all work performed.  
  • Completes activities required to create and maintain customer credit files. 
  • Indexes scanned business and personal financial information to our document imaging software received from the bank's customers.   
  • Completes functions required to verify, document and maintain proper collateral on bank loans; generates exceptions and citing’s to document deficiencies; takes appropriate corrective action.  
  • Responds to and resolves internal and external customer inquiries and requests. 
  • May lead activities of documentation unit, assigning, prioritizing and monitoring work.  
  • Cross trains to assist supervisor and serves as back up to other department staff. 
  • Performs all work in compliance with applicable regulations/policies and procedures. 
  • Performs all work in compliance with applicable regulations/policy and procedures. 
  • Performs other duties as assigned.    

About the Company:  Since we first opened in 1923, Old Point has been committed to our customers and our community. Even though Old Point has grown substantially over the decades, we still operate under local management, with the same trusted name, and the same genuine concern about our customers. 

2021 Awards: 

  • 2021 Best Banks to Work For (American Banker) 
  • 2021 Top Workplaces (Inside Business Magazine) 
  • Retailer of the Year for Peninsula Banks & Credit Unions (Retail Alliance) 
  • Best of Readers’ Choice Contest (Coastal Virginia Magazine) 
  • Greater Hampton Roads Regional Crime Lines’ 2021 Top Corporate Achievement Award 

All qualified applicants will receive consideration for employment without regard to the individual's race, color, sex, national origin, religion, age, disability, genetic information, status as a military veteran or any other characteristic protected by applicable law.