Commercial Loan Administrator (Full Time) - Plano Ops Center

Position Purpose

Performs the daily functions associated with the preparation and/or review of commercial loan documents. Funds and boards commercial loans while ensuring compliance with state and federal regulations, and Prosperity Bank policies and procedures. Supports Dallas area lending staff (Commercial, Middle Market, Professional & Entrepreneurial, Commercial Real Estate, Energy, and Business Banking). Interacts with lenders, borrowers, underwriters and credit analysts, Community Banking staff, Underwriting, Information Technology, Compliance, Audit, and other departments as well as outside vendors such as title companies, attorneys, and insurance companies.

Essential Functions and Basic Duties

• Maintain a thorough knowledge and understanding of Prosperity policies, procedures, guidelines, and philosophies.
• Be knowledgeable of all aspects of commercial loan documentation, understanding legal entities and loan documents such as Notes, Security Instruments, Loan Agreements, etc.
• Prepare, review, and assemble new, renewed, and modified loan documents for commercial and business loan products including secured and unsecured loans, commitments, lines of credit, letters of credit, interim construction, participations/syndications, etc.
• Utilize LaserPro software to prepare loan documents internally.
• Review attorney‑prepared documents prior to funding & boarding to ensure loan stipulations on the Loan Approval and Credit Memorandum are met.
• Work with loan officers, borrowers, title companies, and/or attorneys in closing and funding of loans.
• Review title policies to ensure accurate legal description, loan amount, and acceptable exceptions.
• Determine proper loan system coding (product type, collateral codes, call codes, etc.) and board loans on the core system.
• Fund loans accurately and ensure financial transactions balance each day.
• Provide top‑quality service to lenders and lending staff while meeting service guarantees for documentation processing.
• Follow all compliance policies and procedures, OCC rules and regulations, state and federal laws governing the responsibility area of lending.
• Complete annual compliance testing, training, and certification on time.
• Perform other duties, tasks and special projects as required, assigned, or directed.

Supervisory Responsibilities

This role has no supervisory duties.

Qualifications

Education/Certification: High School graduate, GED or equivalent.

Experience Required: Minimum of three years’ current loan administration and/or related work experience.

Skills/Abilities:

• Ability to read, interpret, and respond professionally to internal and external customer correspondence.
• Ability to speak effectively and clearly in response to internal and external customer requests and inquiries.
• Ability to calculate figures and amounts such as rates, interest, and percentages.
• Ability to apply common‑sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.
• Computer literate – knowledge of Microsoft Word and Excel; Fiserv Precision & Director software a plus.
• Ability to handle day‑to‑day tasks with minimal supervision.
• Ability to work in a fast‑paced, high‑volume environment.
• Excellent customer service skills.

Physical Activities and Requirements

• Talking: Frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
• Average Hearing: Able to hear normal conversations and receive ordinary information.
• Repetitive Motion: Frequent use of wrists, hands, and/or fingers.
• Average Visual Abilities: Ordinary visual acuity necessary to prepare or inspect documents.
• Physical Strength: Sedentary work; sitting most of the time; occasional exertion of up to 25 lb.

Mental Activities and Requirements

• Reasoning Ability: Apply logical or scientific thinking to define problems, collect data, establish facts, and draw conclusions; interpret technical instructions and handle multiple variables.
• Mathematics Ability: Compute discount, interest, profit, loss, commission markup, selling price, ratio, proportion, percentage; perform very simple algebra.
• Language Ability: Read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias; prepare business letters, proposals, summaries, and reports with correct punctuation, grammar, diction, and style; conduct training, participate in panel discussions, and make professional presentations.

Schedule

Monday – Friday: 8:00 AM – 5:00 PM, 40 hours.