Commercial Loan Documentation Specialist I

Minimum Hourly Rate:
$19.00
A Centier Associate is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results.
What are our values? Our Corporate values are Caring, Loyalty, Integrity, Friendship, Fun....who wouldn't want to work for an AWARD-WINNING company that's built on these pillars?
What about the perks? Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
This department typically works weekdays between the hours of 7am-5pm.
Supervisory Responsibilities: None
Summary:
The Documentation Specialist I will become a Specialist In the laws of commercial lending and Bank policy and procedures regulating same. The Documentation Specialist will work closely with the lender and AA and must have a high attention to detail and accuracy. Must be a team player with strong communication skills. The Documentation Specialist I must be able to take direction from Commercial Loan Documentation Specialist II, senior Documentation Specialist/team lead or division manager.
Essential Duties and Responsibilities:

• Provide the highest levels of quality service to internal clients in a friendly, positive and professional manner.
• Strive to provide World Class experience with every interaction.

Doc Prep

• Prepare loan document requests for closing in a timely and accurate manner
• Verify request has been approved by the appropriate committee authority, senior vice president, and group manager or lending officer. Review loan requests against loan approvals
• Verify request submitted coincides with the approval
• Verify all loans meet Bank's policies and procedures as well as laws governing same which includes Regulation O and conflict of interest loans
• Seek assistance from commercial Documentation Specialist II, senior Documentation Specialist/ team lead or division manager when issues arise outside of comfort level
• Work with senior Documentation Specialist, team leader or division manager to communicate discrepancies in loan approvals and requested documentation with lender and his/her administrative support
• Review data (including but not limited to): UCC (pre and post search, filing); current property taxes; flood search/flood insurance; property insurance; entity documents
• Ensure the interest of the bank is protected at all times (perfecting collateral and verification of entities)
• May make some decisions but will be required to seek guidance from team lead, department manager or division manager.
• Limited external communication (not expected to work with bank attorneys)
• Will be required to learn the preparation of SWAP and SBA loans to move to a specialist II role.
• Review aggregate committed exposure for Small Business Lending. In addition, when applicable, review aggregate committed exposure for loans not approved at MMS, SMS, EMS, BLC & Board Committee.

Post-Closing

• Review all documentation for completeness, accuracy according to approval, adherence to regulatory requirements and bank policy and procedures.
• Compare the loan approval to Loan Documentation to ensure accuracy.
• Verify specified closing conditions have been met.
• Ensure proper lien perfection for all loans prepared by Centralized Doc Prep and attorneys.
• Review all commercial files for proper supporting documentation, signatures, approvals, etc.
• Create documentation tracking ticklers as necessary to ensure corrective action will be taken relating to documentation deficiencies.
• Create ticklers for proper collateral perfections, UCC tracking and flood insurance tracking.
• Initiate reporting of errors and discrepancies to Commercial Loan Documentation Manager.
• Communicate significant or frequent errors and discrepancies to the Commercial Loan Support Team Lead and Commercial Loan Documentation Manager.
• Assist in the assembly and organization of credit and collateral files to be imaged.
• Recommend changes to management for process improvement based on file review findings and trends.
• Keeps procedures current and updated as necessary.

Other Duties and Responsibilities:

• Release commercial collateral after loan pay off
• Review UCC filings/post search/pre-search (includes quality check UCC filings)
• Cross trained on all other duties in the general loan production support division (paid notes, collateral release)
• Assist in any special duties delegated or assigned as necessary

Knowledge, Skills and Abilities:

• Ability to work independently and work well within a team environment
• Takes initiative to find answers by asking questions and researching
• Good PC skills
• This position necessitates the individual to be detail oriented, well organized and possess excellent communication and customer service skills
• Proofread and verify written materials. Maintain accuracy by remaining detail focused
• Multi-task well in a deadline driven environment
• Knowledge of Microsoft Office

Minimum Qualifications:

• One year banking experience
• High School Diploma

Internal Pay Level 6
Upon successful completion of training, there may be the option to work hybrid or remotely if desired in this role.
What do I do now?

• Apply with us!
• Refer this opening to others!

Disability Accommodation Statement
Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank, please call us at 219-755-6160 or send us an email at hrcareers@centier.com.
Equal Opportunity Employer: Disability/Veteran
Centier Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
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