Review and document all standard and complex commercial loans
05th December, 2024
Summary of Duties:
Loan Documentation and Review:
Review and document a variety of commercial loans, including complex structures (e.g., cross-collateralized, asset-based, construction, and international trade finance).
Examine attorney-prepared loan documents and ensure compliance with credit approvals, consulting legal counsel for necessary changes.
Compliance Verification:
Validate supporting documentation for loans and verify adherence to loan committee conditions, bank policies, procedures, and regulatory requirements.
Loan Document Preparation:
Create loan documents using LaserPro in line with approval conditions and compliance standards.
Draft escrow instructions, pre-closing conditions, and related documentation.
Loan Closing and Funding:
Handle closing and funding processes, including wire transfers, account funding, paying off other lenders, tax contracts, UCC filings, and database setup for monitoring.
Quality Assurance:
Review loan packages processed by junior staff for accuracy and compliance, approving activities like funding and title policy reviews.
Database Administration:
Manage and maintain LaserPro settings, test and implement updates, and oversee disaster recovery applications and databases for LaserPro.
QUALIFICATIONS
Education: College graduate with major in accounting or business preferred.
Experience: 6+ years banking experience with a minimum of 2+ years experience at a senior level. Knowledge and understanding of commercial loans and international lines of credit required.
Minimum of 3 years supervisory experience required.
Skills/Ability: Detail-oriented and accurate; ability to make sound recommendations to improve workflow; excellent communication skills; PC proficient; thorough knowledge and understanding of commercial loans and international lines of credit.