Commercial Loan Documentation Specialist II

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Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

Job Summary:

The Commercial Loan Documentation Specialist II administers processes required to support the creation, closing, and review of loan documentation and perfection of collateral for the Commercial Loan portfolio. Perform all responsibilities to ensure compliance with established goals for timeliness and accuracy.

Essential Job Functions include, but are not limited to:

• Administer processes for transmittal, review, retention, and monitoring of loan documents in the commercial lending portfolio, including but not limited to:
  • Review and understand commercial loan terms, conditions and financial components as detailed in credit approval documents. Identify potential problems and solutions.
  • Provide guidance to business partners and coworkers as necessary.
  • Review Processor tab of Commercial Documentation Checklist to ensure a complete loan file.
  • Create loan document package for assigned loans that comply with approved terms and conditions. Documentation may include, but is not limited to, notes, security agreements/mortgages, guarantees, assignments, stock powers, account holds, UCC filings and subordinate agreements, closing instructions, and other supporting documents.
  • Complete Commercial Documentation Checklist to ensure accuracy of loan documents.
  • Demonstrate a level of expertise with loan documentation language and interact with loan officers to review potential concerns and/or necessary edits.
  • Submit accurate loan closing packages to Lending Quality Assurance for final review in a timely manner to ensure closing date commitments are met.
• Set up UCC filings in iLien as needed, per credit approval.
• Develop and maintain comprehensive knowledge of Bank policies, procedures, and compliance requirements along with in-depth knowledge of all forms of commercial loan documentation and closing requirements.
• Upload supporting loan documentation to Sageworks during documentation process, as needed.
• Participate in team meetings as appropriate and/or requested.
• Comply with all rules and regulations associated with commercial loans.
• Loan Documentation Specialist II may document more complex loan requests and/or project work, and serve as a resource to Loan Documentation Specialist I.
• Perform duties related to the Bank Secrecy Act under the guidance of the BSA Officer.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. In accordance with the Americans with Disabilities Act, Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Skills and Abilities Required to Perform Essential Job Functions:

• Strong understanding of flood procedures and flood insurance.
• Strong understanding of title work.
• Strong understanding of hazard, business personal property, and builders’ risk and general liability insurance.
• Strong organizational and time management skills.
• Must be self-reliant and self-directed to take independent action and make recommendations to loan officers and management.
• Ability to assess and establish a clear understanding of structures related formation documents to ensure appropriate permissions and approval authorities are in place.
• Outstanding customer service skills and follow through with internal and external customers.
• Ability to communicate professionally in person, in writing, and over the telephone.
• Demonstrated ability to work productively and independently as well as with others to contribute to the effectiveness of the team.
• Detail oriented with strong organizational and mathematical skills.
• Ability to meet established goals through effective time management that allows handling of multiple priorities with completing deadlines throughout the workday.
• Proficiency in the use of personal computers and standard software applications including Microsoft Outlook, Word, and Excel.
• Proactive approach to problem-solving.
• Ability to review and analyze title documents to determine and/or confirm the Bank’s lien position in accordance with loan approval criteria.

Education, Experience and Qualifications:

• High School Diploma
• Associate degree preferred.
• Typically, requires a minimum of three (3) years of loan documentation and closing experience with a focus on standard real estate and commercial transactions.
• Experience with LaserPro and Fiserv, preferred.
• Experience with Abrigo/Sageworks, preferred.

Physical Requirements of Essential Job Functions:

The associate is frequently required to sit and/or stand, communicate, reach, and manipulate objects, tools or controls that are typical of an office/bank environment. Lifting items weighting up to 10 pounds on a consistent basis. Manual dexterity and coordination are required over 80% of the work period while operating equipment such as computers, phones, calculators, etc. Weekend and evening work will be required.

Working Conditions:

• Typical office environment.
• Extended viewing of computer screens.
• Periodic travel between locations may be required.
• Typical work week is Monday – Friday 8 am – 5 pm CST; After hours and weekend work required based on business needs.

The above statements are intended to describe the general nature and level of work performed by associates assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of the associate classified as such. Duties and responsibilities may be added or changed as deemed appropriate by management at any time therefore, they could differ from those outlined above.

United Fidelity Bank is proud to be an Equal Opportunity/Affirmative Action employer All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.