Commercial Loan Documentation Specialist

Equal Employment Opportunity

CORPORATE VALUES & MISSION

“Provide superior service and high-quality advice and show utmost respect to everyone we meet.”

GENERAL SUMMARY

Perform a variety of clerical support services, including numerous duties which facilitate and safeguard the lending function.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Prepare commercial loan documents (including SBA, FmHA, participation, construction, letters of credit, etc.)
• Order supporting documents – UCC searches, business registrations, certificates of good standing, credit reports, title work, resolutions, surveys, etc.
• Meet with customers to close various types of loans.
• Keypunch or upload loans to host system, maintain accuracy of records, and process transactions such as payments, line of credit and construction advances, leases, loan funding, milk assignments, payoffs, etc.
• Complete follow-up to loan terms and conditions post-closing – title policies, mortgage recordings, insurances, etc.
• Prepare loan extensions and amendments
• Maintain credit and collateral files
• Perform steps necessary to finalize closed/paid loans – discharges, releases, terminations, etc.
• Handle notices, correspondence, and reporting requirements appropriately and in a timely manner.
• Customer Service – transaction processing, loan inquiries, etc.
• Assist Loan Officers and others in the department as requested.
• Ensure that post closing loan documentation reviews are complete within 10 business days of loan closing
• Assist supervisor in managing loan pipeline and perform pre-closing documentation reviews to ensure accuracy of documents
• Timely identification and of CRA and HMDA loans. CRA Loans entered on CRA Relief at least quarterly
• Training of new employees on commercial loan documentation and procedures
• Additional responsibilities as assigned.
• Be familiar with and comply with the provisions of the Bank Secrecy Act and USA PATRIOT Act as they relate to the functions of this position.Complete all required reports related to those acts and reports any observed violations or potential violations of those acts to a supervisor or other appropriate bank officer.
• Be familiar with and comply with all federal and state banking regulations as applicable.

PHYSICAL DEMANDS & WORK ENVIRONMENT

Must be able to lift 25 lbs

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EXPERIENCE and/or EDUCATION

High School Diploma or Equivalent

Minimum one (1) to two (2) years Commercial Loan Documentation experience

Knowledge of business entity documents including corporations, LLC’s, partnerships, etc.

Knowledge of business entity documents including corporations, LLC’s, partnerships, etc.

Computer knowledge - Windows, Microsoft Office, Word, Excel, miscellaneous software applications (basic working knowledge)