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Commercial Lending Document Specialist in Jacksonville, FL at Staffing Now

Date Posted: 11/22/2019

Job Snapshot

Job Description


Role:
Administrative support working directly with the Business Services Team by performing a variety of administrative tasks during the entire business lending process from start to finish. Functions include: Work with business loan officers on business loan approvals, gathering information from business members, working with credit union legal counsel, ensuring business loan files are complete, and loans are closed properly. Assists in processing loan request packages, entering and updating member information into database system, and performing loan funding tasks. Skilled in handling business member questions and needs concerning deposit accounts, overdraft privilege, merchant services as well as loan products and services.
Major Duties and Responsibilities:
Process business loans greater than $50,000 and ensure loans are closed properly and in a timely manner. Responsible for pre-closing and post-closing loan file reviews to ensure all required loan documentation is present. Work with business members and credit union legal counsel during the loan closing process to ensure loans are closed timely and properly. Process business construction loans including administering and tracking loan draw request requests during the construction period.
Handle routine and special duties related to operational oversight and servicing of business loan portfolio as needed - administering business loan participations, general ledger reconciliation, wire transfers, satisfaction of liens and general member communication. Maintain loan files for audit, prepare reports that assist in the compliance of audits both internal and external.
Working knowledge of all systems and processes required in the operations areas of Business Services with high level of knowledge in MeridianLink Opening Act, Microsoft Word & Excel, Cypress Group Lending Cycle, and Symitar, MBS EVault.
Handle general member and employee questions about business services. Perform research required to resolve issues, communicate back to member or employee on outcome.
Process loan request less than $50,000 as needed including generating loan documents, assisting the branches with closing and funding the loan. Responsible for pre-closing and post-closing loan file reviews to ensure all required documentation is present.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
Educational Requirements:
A high school degree or equivalent
Experience Requirements:
Minimum of five years working in a financial institution or law firm handling commercial loan and real estate transactions required.