Commercial Loan Document Specialist
About the role
The Commercial Loan Document Specialist II plays a crucial role in the commercial lending process. They prepare loan documentation, coordinate with third-party vendors for appraisals, flood certifications, and title searches, and facilitate the funding of loan proceeds.
Responsibilities
- Prepare loan documentation and coordinate with third-party vendors to order and track appraisals, flood certifications, and title searches
- Maintain communication with internal teams, processors, and vendors to ensure timely delivery and accuracy of all required documentation
- Verify loan documentation is compliant with credit approval, internal procedures and regulatory requirements
- Confirm pre-funding requirements are satisfied prior to loan closing
- Identify and address documentation or funding discrepancies prior to closing
- Facilitate funding management including disbursement instructions, wire transfers, and post-funding documentation
- Categorize and file documents electronically
- Review vendor reports and certificates for completeness and alignment with loan policy
- Identify and assist with implementation of process improvements enhancing accuracy and efficiency of the department
- Afford assistance with special projects
- Cross train with members of Commercial Loan Development to develop additional knowledge and skills
Requirements
- High school diploma or GED
- 3 years of experience in commercial lending including loan processing, documentation, and funding
- Experience with C&I or construction lending documentation preferred
- Knowledge of compliance requirements related to commercial lending
- Knowledge of loan documentation requirements, lien perfection, and collateral verification
- Experience with process for utilizing third-party vendors including appraisers, title companies, and flood certification providers
- Strong understanding of commercial loan structures and funding protocols
- Proficient in Microsoft Office and loan processing systems
- Experience with Windows based file management (Desktop, saving, moving of files)
- Attention to detail, critical thinker and problem-solving skills
- High standards for integrity, honesty, professionalism, and work ethic
- Commitment to service excellence
- Excellent organization and follow through
- Flexible and efficient time management and ability to prioritize workload and meet deadlines in a fast-paced environment
- Self-motivated, positive, and enthusiastic
- Willing to grow and be challenged
Qualifications
- High school diploma or GED
- 3 years of experience in commercial lending including loan processing, documentation, and funding
- Experience with C&I or construction lending documentation preferred
- Knowledge of compliance requirements related to commercial lending
- Knowledge of loan documentation requirements, lien perfection, and collateral verification
- Experience with process for utilizing third-party vendors including appraisers, title companies, and flood certification providers
- Strong understanding of commercial loan structures and funding protocols
- Proficient in Microsoft Office and loan processing systems
- Experience with Windows based file management (Desktop, saving, moving of files)
- Attention to detail, critical thinker and problem-solving skills
- High standards for integrity, honesty, professionalism, and work ethic
- Commitment to service excellence
- Excellent organization and follow through
- Flexible and efficient time management and ability to prioritize workload and meet deadlines in a fast-paced environment
- Self-motivated, positive, and enthusiastic
- Willing to grow and be challenged
Skills
- Attention to detail
- Problem-solving skills
- Communication skills
- Organizational skills
- Time management skills
- Customer service skills
- Collaboration skills
Benefits
We offer comprehensive benefits and recognition programs, including generous ATO, personal days, sick time, and unique offerings like the ability to combine accrued time with short-term disability for 100% pay. Our Employee Assistance Program and Employee Care Fund provide additional support when you need it most. We celebrate achievements through peer-nominated award ceremonies and an interactive digital rewards platform, ensuring employees' contributions are recognized companywide. GROW WITH US "Grow With Us" is more than a slogan—it's an invitation. Whether partnering with local schools to teach the next generation hands-on financial life lessons through School Bank, exploring diverse career paths through our Banker Academy Program, or investing in yourself through our Employee Stock Purchase program, you'll find opportunities tailored to your interests and ambitions while working for WBT. We invest heavily in development through mentorships, workshops, banking schools, and certifications because when our people grow, our customers thrive.