Funding Boarding Specialist I

Funding Boarding Specialist I General Function The Funding-Boarding Specialist I is responsible for following bank procedure and policy to board and provide initial funding of loans. The Specialist will board a wide variety of loan and line products, from simple to complex transactions, in accordance with credit approvals and loan closing documents. They are required to meet completeness, turn‑time, and accuracy requirements as dictated by established service level agreements. Under close supervision, the Specialist processes new loan product sets, modifications, and renewals, requiring a basic level of knowledge of loan documentation, policies and procedures, and a high level of knowledge of the loan accounting system. Essential Duties and Responsibilities Boards/Books new, renewed and modified loans to the Loan Accounting System, including collateral information. Ensures accurate representation of loan terms, rate, payment schedules, maturities within the loan system. Analyzes and interprets the Loan Approval Document and related agreements to ensure proper boarding of all aspects of the facility. Demonstrates ability to work in multiple systems accurately and in a timely manner. Coordinates with LCS, Branch, Relationship Manager, Portfolio Manager, External Counsel, Title Companies, and/or Department Management to facilitate timely and accurate funding and boarding of Commercial Loans. Analyzes funding and disbursement information to ensure proper disbursement flow via wire, deposit account, fee payment, and/or disbursements to third parties. Establishes auto‑debit/ACH auto‑pay on loan accounting system per instructions and customer authorization. Performs research of boarding errors and resolves problems. Assists Banking Center and Relationship Manager personnel with questions and information requirements. Exhibits product knowledge across the entire banking spectrum of loan products. Performs job responsibilities in accordance with completeness, accuracy, and turn‑time standards dictated by established service level agreements. Fosters a positive working environment with all business partners. Functions as an extension of all lines of business to ensure internal and external customer expectations are understood and met. Provides guidance and support to business partners in order to meet the needs of external customers. Coaches business partners on all Business Banking and Commercial Lending Funding processes. Interacts and communicates daily with all levels as appropriate to ensure requirements are understood and met. Ensures all goals and departmental service standards (SLAs) are met. Performs other duties as assigned or required. Minimum Knowledge, Skills and Abilities Required High School diploma or equivalent. Bachelor's degree preferred. One (1) year experience with a focus on commercial loan funding, boarding, loan documentation, or related work experience. Good time management and organizational skills evidenced in previous assignments. Demonstrates an understanding of applicable bank policies and procedures. Good knowledge of commercial loan accounting systems. Knowledge of loan documents and requirements. Knowledge of commercial lending and loans. Knowledge of B2B, CCAS, AFS, Loan Doc Prep System, and other banking systems preferred. Good personal computer skills with demonstrated knowledge of Microsoft Excel, Word, and email. Self‑starter and works with minimal direction. Good verbal and written communication skills. Good negotiation skills. Good interpersonal skills and team orientation. Ability to meet deadlines under pressure. Ability to appropriately escalate issues requiring problem solving and decision making. Completion of Funding Boarding certification program (future). Supervisory Responsibilities None. Salary and Benefits The base salary for this position reflects the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skill set, relevant experience, education, and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well‑being. Location Cincinnati, Ohio 45227 Equal Employment Opportunity Statement Fifth Third Bank, National Association 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. #J-18808-Ljbffr Fifth Third Bank