Address
Form of workAbout the Role:
The Commercial Real Estate Document Specialist is responsible for assisting the closing and funding Commercial Real Estate loans. Duties include document review of new originations, modifications, increases, renewals, and/or extensions. Responsibilities include ensuring timely closings as requested by Lending Office and Borrower in accordance to the Bank's Loan Policies and Profiles, State and Federal Banking regulations. Additional responsibilities may include: reviewing in-house and outside counsel prepared Loan Documentation, performing due diligence such as reviewing Title Commitments including schedules and exceptions, Appraisals, Insurance, Surveys, Taxes, UCC lien Searches and Flood Determinations prior to disbursement of loan proceeds, perform a post review of Loan Documentation to ensure all documents have been signed and executed properly.
Responsibilities
About You:
These specifications are guidelines based on the minimum experience required to perform the essential functions of the job. Individual abilities may result in some deviation from these guidelines:
Bachelor's degree and 5 years of related experience; or the equivalent combination of education and experience. Work related experience must consist of Loan Operations department or Lending Assistant with processing/preparing Loan Documentation to secure commercial, consumer and Real Estate Loans. Educational experience, through formal school or financial industry related curriculum, is required to be applicable to the financial industry.
Stellar Benefits:
We believe that empowering people goes far beyond the workplace. That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communities
What it Means to Be Stellar:
Stellar Bank came to be in 2023, when Allegiance Bank and Community Bank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial expertswho go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
The Commercial Real Estate Document Specialist is responsible for assisting the closing and funding Commercial Real Estate loans. Duties include document review of new originations, modifications, increases, renewals, and/or extensions. Responsibilities include ensuring timely closings as requested by Lending Office and Borrower in accordance to the Bank's Loan Policies and Profiles, State and Federal Banking regulations. Additional responsibilities may include: reviewing in-house and outside counsel prepared Loan Documentation, performing due diligence such as reviewing Title Commitments including schedules and exceptions, Appraisals, Insurance, Surveys, Taxes, UCC lien Searches and Flood Determinations prior to disbursement of loan proceeds, perform a post review of Loan Documentation to ensure all documents have been signed and executed properly.
Responsibilities
- Perform a due diligence review of all new and renewed Real Estate loan requests.
- Order all necessary searches related to loan.
- Prepare all checklists applicable to the loan structure.
- Review all loan documents in the Funding Package to ensure all conditions and regulatory requirements are met prior to funding.
- Communicates effectively with Lending Officers and Lending Assistants to ensure the loan package and Loan Documentation is compliant with various regulations and Bank's standards.
- Review closed Real Estate loan packages and approve funding.
- Post-closing, enter document tracking items in the LOS System.
About You:
These specifications are guidelines based on the minimum experience required to perform the essential functions of the job. Individual abilities may result in some deviation from these guidelines:
Bachelor's degree and 5 years of related experience; or the equivalent combination of education and experience. Work related experience must consist of Loan Operations department or Lending Assistant with processing/preparing Loan Documentation to secure commercial, consumer and Real Estate Loans. Educational experience, through formal school or financial industry related curriculum, is required to be applicable to the financial industry.
Stellar Benefits:
We believe that empowering people goes far beyond the workplace. That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communities
- Health Care Coverage, no waiting period
- Dental/Vision
- STD/LTD
- Annual Performance Bonus Eligible
- 401K with company match
- Paid Vacation
- Volunteer days
- Tuition Assistance
- And More
What it Means to Be Stellar:
Stellar Bank came to be in 2023, when Allegiance Bank and Community Bank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial expertswho go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
