Commercial Loan Coordinator

Description

• Manage the loan process with internal and external stakeholders, including attorneys, borrowers, vendors, title companies, brokers, analysts, and underwriters to meet SLAs
• Review and audit loan files for complete information, including entity documents, appraisal/values, title forms, certifications, collateral information, approved narrative, and other commercial loan documents
• Ensure compliance with lending regulations and internal controls for accuracy, timeliness and documentation
• Act as intermediary between broker partners and closing/settling agents
• Prepare the loan closing instructions process for the borrower/broker and title company, verifying that all closing conditions have been met
• Prepare and review internally prepared and attorney-prepared loan documents prior to booking and funding to ensure loan covenants, rate, margin, borrower, and guarantors match the loan approval and credit memo
• Ensure and execute loan funding upon verification of all documentation

• Minimum Education : Bachelor’s degree in Business Administration or other related fields of study is preferred; Minimum of 9 credit hours of accounting is preferred
• Minimum one year’s experience in commercial lending
• Strong knowledge of regulatory and compliance lending guidelines
• Basic knowledge of accounting principles and practices
• Ability to identify existing and potential issues and recognize the legal, transactional, and business implications of existing and omitted documents
• Strong analytical and problem-solving skills; ability to resolve complex issues with minimal direction
• Demonstrated excellent attention to detail and accuracy
• Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines
• Strong business communication skills; able to write/speak clearly and professionally for a variety of stakeholders
• Demonstrated ability to establish credibility and rapport with internal and external stakeholders
• Proven ability to maintain confidentiality and professionally handle sensitive documents
• Proficiency with LaserPro
• Strong working knowledge of Microsoft Office Suite
• Certification/License : N/A

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Paid Time Off (PTO): You'll accrue up to 15 vacation days in your first year. In addition, you'll receive 40-hours of sick time, and three personal days, which will refresh annually
• Accrue up to 17 days of Paid Time Off your first year of employment
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)