Loan Documentation Specialist

Essential Duties & Responsibilities

• Prepare in-house loan documentation for new loans, extensions, renewals, and modifications.
• Conducts reviews of prepared loan documents to ensure all terms and conditions match what was approved.
• Ability to analyze loan structure for loan requests as per bank approvals.
• Review loan documentation packages submitted by the Loan Administrator.
• Review all types of collateral being taken and searches provided to ensure Bank's ability to perfect its required position.
• Review all formation documentation such as Articles of Inc., Certificate of Formation, By-Laws, Operating Agreements, Partnership Agreements and Certificates of Trust, etc. to ensure accuracy of loan documentation.
• Process business express loan applications and documents to ensure the proper generation of loan documents received through the bank's digital loan origination system.
• Send closing packages for business express loan customers electronically utilizing the bank's digital loan origination system or DocuSign.
• Create fee sheets and initiate loan funding via WireExchange.
• Accurately input data into Compliance One Lending platform and generate loan documents as per the bank's Presentation for Approvals, Loan Closing Checklists, and Entity Formation Documents.
• Review draft loan documents prepared by co-worker for accuracy and completeness.
• Provide final approved loan documentation packages to the Commercial Loan Administrator and/or Relationship Manager for execution.

Requirements

• Communicate in a clear, comfortable, and confident manner.
• Work efficiently and effectively under deadlines and stress, while maintaining a professional demeanor.
• Strong time management, organizational, and prioritizing skills.
• Problem-solving skills and having the ability to identify a problem and find a solution.
• A willingness to contribute to projects and take immediate action when an all-hands-on-deck situation arises.
• Detail-oriented and able to focus closely on each activity and constantly find ways to finish tasks efficiently.
• Carry out responsibilities with professionalism and respect for others in accordance with the Bank's policies.
• Proficiency with Microsoft Word, Excel, and Outlook, and the ability to navigate the Bank's computer-based systems.

Education and/or Experience

• Experience in commercial lending with loan operations or paralegal experience or loan closing environment and able to perform loan documentation activities satisfactorily.
• Minimum high school diploma required.

Pay

Salary Range - $52,000-$60,000

Benefits

First Bank offers a comprehensive benefits package including health and dental insurance, life insurance, short term and long term disability, and the Bank's 401k Plan.