Loan Document Specialist 2

SUMMARY

The Commercial Loan Document Specialist II is responsible for the advanced preparation, review, and management of commercial loan documentation, with a focus on both commercial real estate and commercial & industrial (C&I) lending. This role includes preparing loan modifications, ensuring compliance with federal regulations and internal policies, and providing comprehensive support to Community Banks.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)  

• Prepare and review complex commercial loan documents for both real estate and C&I loans within the bank’s portfolio. Ensure strict adherence to lending regulations, compliance standards, and the bank’s credit policy.

• Review prepared documents for accuracy and consistency with approval requirements.

• Review collateral support documents such as title commitments.

• Confirm appraisal and/or environmental reports are completed with appropriate review/sign off (subject to regulatory compliance).

• Effectively use banking systems such as Laser Pro and Salesforce/nCino to manage and streamline loan documentation and workflow. Leverage these tools to enhance efficiency and ensure adherence to bank policies.

• Process, review and upload complete loan and collateral files to ensure that established standards are met, including compliance with federal regulations and adherence to Bank lending policy as well as ensuring that the Bank’s security interest is established, and our lien position is upheld.

• Process and complete commercial loan modification requests, including renewals, deferrals, and modifications. Ensure documentation is accurate and compliant with regulatory and policy guidelines.

• Process and complete commercial denial/fallout applications

• Provide support to Loan Officers/Lending Team to process the loan according to established policies, procedures and regulatory guidelines.

• Ensure compliance with regulatory issues including but not limited to, RESPA, FDPA, HMDA,  and Regulation B.

• Independently prioritize workflow to maximize production turn around and minimize administrative delinquencies.

• Assist management in the preparation for and during audits and exams.

ADDITIONAL DUTIES AND RESPONSIBILITIES

• Maintains a professional work environment.

• Assists other departments as needed.

• Handles internal customer complaints and communicates issues to supervisor as needed.

• Recommends to supervisor possible methods to improve department efficiency.

• Completes all required compliance exams on a yearly basis.

• Adherence to all First United Policies and Procedures.

• Maintain a professional appearance consistent with the bank’s dress code

• Perform all other tasks assigned by Supervisor including departmental projects

EMPLOYEE SPECIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Work Experience

• Bachelor or Associate degree is preferred

• Good understanding of financial institution products and services preferred

• Minimum of three years of experience in loan documentation within a banking institution, with a focus on both commercial real estate and C&I lending.

• Extensive experience with preparing and reviewing complex loan documentation.

• Proficiency in using banking systems such as LaserPro and Salesforce/nCino is preferred.

Technical/Functional Competencies

• Ability to initiate tasks and projects with little or no supervision.

• Exceptional customer service skills.

• Good problem-solving and decision making skills.

• Demonstrates good judgment.

• Strong organizational skills.

• Strong interpersonal skills and ability to work well with a wide range of people.

• Ability to communicate well with internal customers by all means of communication including written, verbal, and non-verbal communication.

• Willingness to accept additional responsibilities

• Dependable and adheres to time lines and schedules.

• Takes initiative in development and completion of projects.

• Advanced proficiency in computer spreadsheet and word processing programs.

• Comprehensive knowledge of commercial real estate and C&I loan products and regulatory compliance.

• Proven ability to utilize banking systems effectively to manage loan documentation and workflow.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned by supervisor to meet the ongoing needs of the organization.

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