Commercial Loan Documentation Specialist

Job Purpose:

Responsible for the accurate and complete preparation and/or review of a variety of Commercial Loan documents utilizing both the Bank’s document preparation system and attorney prepared documents in accordance with the approved credit facility. Types of documentation will primarily include commercial and commercial real estate loans secured by a wide array of collateral (i.e. business assets, real estate, leases, marketable securities, etc.).

Job Responsibilities:

1.

Maintain a solid foundation in all areas of Commercial Loan Documentation.

2.

Analyze and interpret the Credit Approval document and supplemental vendor information to determine borrower, collateral and guarantor requirements, and ensure production of appropriate documentation in compliance with the terms of the loan request.

3.

Prepare and/or review new and renewed loan documents ensuring that all are in compliance with the credit approval document before releasing documents for execution for Commercial C & I and Commercial Real Estate loans.

4.

Collaborate and provide feedback to Lending Staff on any concerns identified as it pertains to Loan Documentation, or any material changes that may be needed.

5.

Interact with third party vendors to include flood vendor, appraisers, title companies and attorneys to obtain outstanding closing documents.

6.

Forwards Loan Documentation package to Lending Staff with appropriate closing instructions and additional required documents if needed.

7.

Under minimal supervision to process a complex line of loan product sets along with modifications and renewals of commercial based lending.

8.

Establish, foster and maintain strong and positive working relationships with team members, Lending, Operations Staff and department managers. Provide a high level of customer service when responding to internal departments to resolve questions.

9.

Attend all BSA training (at least annual) offered through the bank. More frequent and/or specific training may be required, depending on job responsibilities. Perform job responsibilities to ensure the bank’s compliance with BSA/AML policies and procedures, which include detecting potential suspicious activity and reporting such activity to the BSA Officer and may include gathering and entering data into systems for monitoring and reporting.

Note: Incumbent may be asked to perform other non-essential duties as assigned.

Job Qualifications:

Education

High school diploma required, some college preferred.

Experience

• 1-2 years’ experience with focus on Commercial C & I and/or Commercial Real Estate preferred
• Experience with an automated loan origination environment preferred but not required.
• Strong time management and organizational skills needed.
• Strong knowledge of Commercial C & I and/or Commercial Real Estate Loan Documentation.
• Good personal computer skills with demonstrated knowledge of Microsoft, Excel, Word and E-mail.
• Effective oral and written communication skills. Ability to meet deadlines under pressure.
• Ability to prioritize multiple assignments.

Licenses/Certifications

NA

Management Activities: Check all that apply

Interview, select and train employees

Set and adjust their rates of pay and hours of work

Direct the work of employees

Appraise employees productivity and efficiency for the purpose of recommending promotions or other changes in status

Handle employee complaints

Discipline employees

Plan the work

Determine the techniques to be used

Apportion the work among the employees

Determine the type of materials, supplies, machinery, equipment or tools to be used or merchandise to be bought, stocked and sold

Control the flow and distribution of materials or merchandise and supplies

Provide for the safety and security of the employees or the property

Plan and control the budget

Monitor or implement legal compliance measures

Customarily and regularly direct the work of at least 2 or more full-time employees or their equivalent (1 full-time employee at 40 and 2 half-time employees at 20 hours each , are equivalent to 2 full-time employees).

Authority to hire or fire other employees, or makes suggestions and recommendations as to the hiring, firing , advancement, promotion or any other change of status of other employees are given particular weight.

Discretion & Independent Judgment:

Question

Answer (If yes, give multiple examples)

Does this position have authority to formulate, affect, interpret, or implement management policies or operating practices?

No

Does this position have authority to commit the employer in matters that have significant financial impact?

No

Does this position have authority to waive or deviate from established policies and procedures without prior approval?

No

Does this position have authority to negotiate and bind the company on significant matters?

No

Is this position involved in planning long or short-term business objectives?

No

Does this position represent the company in handling complaints, arbitrating disputes or resolving grievances?

No

Does this position have authority to make an independent choice, free from immediate direction or supervision or make decisions or recommendations that may occasionally be reviewed, revised or reversed?

No