Loan Admin Team Lead

Responsibilities

• Provide guidance and technical support to Loan Closing Administrators and Associates
• Perform detailed due diligence for all Closing Requirements which include but not limited to: Proper borrowing resolutions have been obtained
• Review Outside Counsel Consistency Letter ensuring there are no exceptions and/or outstanding items to be resolved prior to closing
• Review Post Closing requirements and ensure proper tracking and follow up
• Assemble as liaison between Escrow, Title, Attorneys and all interested parties to coordinate funding and closing of Specialty Lending loans and Syndicated Credit for EWB lead
• Review collateral support documents to ensure appropriate collateralization and proper lien position pursuant to credit approval
• Review CCR to determine appropriate credit approval and completed presentation to close the loan
• Ensure all pre-funding conditions have been met prior to closing
• Perform pre-Closing review of Loan Documents post execution
• Prepare closing documents including but not limited to Closing Statement ensuring data accuracy and proper assignment of codes and set up post-closing requirement
• Perfect all Collateral including but not limited to Commercial Real Estate, Equipment, Blanket Liens, etc.
• Assist in creating/establishing procedures in support of the Loan Closing Admin. Team
• Support other projects as assigned by the Manager
• Respond to all internal and external customer inquiries

Qualifications

• Bachelor Degree in Finance or Accounting preferred or equivalent experience
• 5 years of experience as a commercial loan closing administrator or syndication loan servicing administrator
• Knowledge of all aspects of complex loan structures specifically those prepared by Attorneys
• Thorough knowledge of all Loan Closing requirements and collateral perfection
• Strong knowledge of core accounting system functionality / capability to onboard and service complex commercial lending products
• Commercial loan accounting experience required with FIS preferred
• Broad knowledge of syndicated loan servicing requirements
• Ability to provide excellent customer service
• Ability to multi-task, adapt quickly to changes and work effectively in a fast-paced environment
• Ability to effectively communicate upward and downward, with outside attorneys, and other financial institutions
• Must be a self-starter and possess positive attitude with good organizational skills
• Strong sense of internal and SOX controls
• Thorough knowledge of Microsoft software, inclusive of Word and Excel
• Excellent written and verbal communication skills required
• Good organizational, analytical and problem-solving skills