Small Business Documentation Processor

Division: Beacon Bank & Trust – Small Business – Admin | Location: Pittsfield, MA | Non-Exempt, Grade 6 | Pay Range: $20.00 - $28.90 per hour

About the Role

Prepares documentation for a variety of commercial small business loan closings, modifications, and processing; provides follow-up on exceptions and modifications, all in accordance with loan policy.

Responsibilities

• Supports the Bank’s Small Business Lending portfolio by preparing loan documentation for various loan closings, including commercial mortgages, term loans, lines of credit, and small business express loans.
• Files UCC financing statements online to secure collateral.
• Assists in loan closings (50% of role), prepares checks/wires, and edits documents as required. Reviews all closing documents to ensure completeness and signatories; follows up with attorneys and Bank Personnel on missing, incomplete, or recorded documents.
• Images loan and credit documents according to the Bank’s image file system; inputs loan information to the OSI system; funds loans; and enters collateral and ticklers for future follow-up to preserve collateral position.
• Prepares loan modifications and processes maintenance on the OSI system (30% of role), prepares manual bills, and calculates interest accruals.
• Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures to reduce risk and uphold ethical standards.

Requirements

• 2–5 years’ banking experience; lending experience preferred.
• Associate’s Degree preferred.

Skills

• Proficient with MS Office (Word, Excel) and Internet.
• Strong verbal and written communication skills.
• Sound understanding of OSI system.
• Ability to multitask and strong organizational skills.