Senor Commercial Fulfillment Documentation Specialist

About the role

This is a full-time career opportunity that can be remote within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA. Must have the ability to travel to our headquarters location in Lancaster, PA on a quarterly basis.

Responsibilities

• Conducts thorough due diligence on the parties and collateral that are a part of each commercial loan and ensures that all required information is obtained and reviewed, all internal coordination is completed, and the approval assumptions and conditions are met.
• Completes review of entity formation and organizational legal documents to validate and ensure appropriate parties are included in loan documents.
• Captions with bank counsel to review outside counsel documentation ensuring compliance with approved underwriting guidelines, company policies, and regulatory standards for all states.
• Prepares loan documents using the bank’s loan documentation program.
• Reviews loan approvals and internal systems for critical information to understand the transaction.
• Reviews bank counsel documents to ensure documents accurately reflect the internal credit approval for the transaction. Ensures alignment with the bank’s loan origination system.
• Works directly with customers, relationship managers, credit, and other internal teams. Partners closely with outside counsel on all aspects of the loan transaction.
• Communicates professionally to other third parties including attorneys, insurance, and title companies to ensure all documentation has been collected and reviewed.
• Conducts due diligence on loan parties, collateral, and other pertinent approval requirements, including corporate and other entity documentation, searches, title, and insurance.
• Prepares and monitors internal closing checklists as well as attorney checklists for assigned loans.
• Reviews loan documentation prepared by counsel to ensure bank approval and guidelines are followed and addresses any discrepancies between attorney documentation and bank requirements.
• Serves as a resource for counsel to ensure bank requirements are met.
• Mets service level agreements (SLAs) with all external and internal customers.
• Proactively manages daily activity, independently prioritizes multiple simultaneous transactions (10 or more).
• Organize items for settlement, prepare and approve settlement and disbursement instructions and provide funding instructions to centralized funding team.
• Aids lending staff with the resolution of documentation issues and other procedural matters. Ensure service level agreements are met with external and internal customers.

Qualifications

• Education: Associate Degree or the equivalent experience. Specialty: general studies. (Required)
• Bachelor's Degree or the equivalent experience. Specialty: business, administration or related. (Preferred)
• Experience: 5 or more years paralegal or equivalent related to legal review of commercial loan documentation. (Required)
• 3 or more years experience with commercial lending functions, which could include commercial and industrial loans, agricultural loans, small business administration loans, or commercial real estate loans. (Required)
• 5 or more years experience with attorney closings, review of commercial loan documents, and interaction with attorney closing transactions. (Preferred)
• 5 or more years customer service. (Preferred)
• Knowledge, Skills, and Abilities: Understanding of when and how changes to a deal need credit approval along with a clear knowledge about attorney closing processes (Required)
• Able to multi-task, problem solve and efficiently manage time (Required)
• Motivated team player with excellent verbal and written communication skills (Required)
• Reputation for responsiveness and customer focused mindset (Required)
• Knowledge of complex due diligence materials relevant in loan transactions (Preferred)
• Able to review and understand corporate legal documents including formation documents and entity agreement documents (Preferred)
• Familiar with Microsoft Word, Outlook and nCino programs (Preferred)

Benefits

• Medical plans with prescription drug coverage
• Flexible spending account or health savings account depending on the medical plan chosen
• Dental and vision insurance
• Life insurance
• 401(k) program with employer match and Employee Stock Purchase Plan
• Paid time off programs including holiday pay and paid volunteer time
• Disability insurance coverage and maternity and parental leave
• Adoption assistance
• Education assistance
• A robust wellness program with financial incentives