COMMERCIAL LOAN DOCUMENTATION SPECIALIST

Job Description

Job Description

POSITION SUMMARY

Prepare commercial loan documentation and perform various administrative duties to ensure optimum effectiveness and efficiency of the Commercial Loan Department.

Reasonable Accommodations Statement

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

 

ESSENTIAL FUNCTIONS

 

• Process new commercial loans including review and follow up of documentation.  Prepare commitment letters, modifications, renewals and change in terms agreements.  
• Process new participation loans, payments, and advances
• Prepare and input wire transfers.
• Complete and submit HMDA data worksheets.

·         Distribute commercial loan rate change and final payment notices.

·         Process various loan and line of credit draws and payments.

·         Request appraisal quotes, order appraisals, and prepare appraisal engagement letters.

·         Prepare non-originated loan documentation. 

·         Calculate payoff balances for commercial loans.

·         Order flood certifications, property reports, UCC searches, environmental reports, and construction draw inspections. 

·         Process UCC continuations and title encumbrance renewals.

·         Review daily reports available in Synergy.  Organize, scan and index loan documentation into Synergy. 

·         Perform account and loan transaction maintenance as needed.

·         Prepare monthly or quarterly commercial loan reports.

·         Other duties as assigned.

Education : High School Graduate or General Education Degree (GED)

 

Experience : Commercial experience preferred, however training will be provided for qualified applicants

 

Computer Skills

Work with Jack Henry Platform System, LaserPro, Synergy, Microsoft Word, and Excel.

Company Description

First Northern Bank & Trust will remain an independent, locally owned and operated, tried and true community Bank. Our mission is to profitably serve the financial needs of the people and businesses in each of the eleven communities for which our retail network extends. The Bank will operate as it always has, in a highly prudent and conservative manner that enhances and secures shareholder value with minimal risk, while at the same time promoting a culture intensely focused on the customer experience; and on the retention and addition of long-term relationships through each of its customer interactions, one transaction at a time.

Our Vision Statement:
The vision of the Bank is to become the premier provider of community Bank financial services in each of the markets we serve. We will distinguish ourselves from our competitors by maintaining and marketing those traits, which make us a safer and more secure Bank than any of our peers, both local and national. Specifically, our Bank is extremely well-capitalized, with strong liquidity, in excess of most competitors. Profitable, sustainable, and natural-internal growth will result from a Bank-wide collective effort intensely focused on the “customer experience.” Sound proactive planning, vigilance, and execution, coupled with the continued development and daily improvement of our line and staff, will be the means through which we meet and exceed our goals.

Company Description

First Northern Bank & Trust will remain an independent, locally owned and operated, tried and true community Bank. Our mission is to profitably serve the financial needs of the people and businesses in each of the eleven communities for which our retail network extends. The Bank will operate as it always has, in a highly prudent and conservative manner that enhances and secures shareholder value with minimal risk, while at the same time promoting a culture intensely focused on the customer experience; and on the retention and addition of long-term relationships through each of its customer interactions, one transaction at a time.\r\n\r\nOur Vision Statement:\r\nThe vision of the Bank is to become the premier provider of community Bank financial services in each of the markets we serve. We will distinguish ourselves from our competitors by maintaining and marketing those traits, which make us a safer and more secure Bank than any of our peers, both local and national. Specifically, our Bank is extremely well-capitalized, with strong liquidity, in excess of most competitors. Profitable, sustainable, and natural-internal growth will result from a Bank-wide collective effort intensely focused on the “customer experience.” Sound proactive planning, vigilance, and execution, coupled with the continued development and daily improvement of our line and staff, will be the means through which we meet and exceed our goals.