Commercial Loan Operations Specialist
Northwest Federal Credit Union · Herndon, VA · 1 wk ago
HybridFull-time
OVERVIEW The Commercial Loan Operations Specialist will be responsible for providing administrative and member service support to Business Development and Commercial Lending Officers. Provide member support to both existing and prospective members. In addition, preparation and or/review of Commercial Loan documentation, disbursements of loan proceeds, open business and personal accounts and other duties as assigned.RESPONSIBILITIESProvide member services solutions, act as liaison between departments coordinating member needsProvide assistance to co-workers with member inquires or problems. Ensure prompt and courteous response to customer inquiriesSend wires, provide account reviews and general maintenanceOrder Appraisals, Environmental, Credit, Flood Certificates, and Title Reports, as neededPrepare and process documentation related to new, renewed, and modifications to commercial and real estate loansCoordinate with loan serving for funding to ensure all wires, fees, and payments have been processedReview, Create, File, and Terminate UCC-1 and UCC-3 Financing Statements. Follow up to ensure proper recordings of liens and continuationsConduct post-closing reviews and file management duties, post-closing file review, tracking, follow-up and exceptions items, maintenance of loan file, and document imagingReview and assist in processing renewals no later than 60 days from maturity date. Request from borrower financial statements, tax returns and any other financial as required by the loan documents and credit unionPerform all other related duties as assignedRemains cognizant of and adheres to NWFCU policies and procedures as well as regulations pertaining to the Bank Secrecy Act (BSA)QUALIFICATIONSHigh School diploma or equivalentMinimum 3 years experience in Commercial/SBA LendingAbility to work on-site in our Herndon, VA headquarters and equally effectively remotelyAbility to work Monday-Friday from 8:00am - 5:00pmExperience in Laserpro or related softwareExperience tracking numerical data of detailed organizational informationAbility to work effectively and cooperatively in a team environmentAbility to maintain confidentialityAbility to perform tasks carefully, accurately, and in accordance with specific instructionsAbility to use standard office and/or banking equipment and systems; working knowledge of Microsoft OfficeProven experience as a self-starter with strong administrative and organizational skills, and an eagerness to learnStrong understanding of loan documentation