The Commercial Loan Coordinator manages workflow to ensure the accurate and timely delivery of loan documents in alignment with Service Level Agreements (SLAs).
Job Duties:
Manage the loan process with internal and external stakeholders, including attorneys, borrowers, vendors, title companies, brokers, analysts, and underwriters to meet SLAs
Review and audit loan files for complete information, including entity documents, appraisal/values, title forms, certifications, collateral information, approved narrative, and other commercial loan documents
Ensure compliance with lending regulations and internal controls for accuracy, timeliness and documentation
Act as intermediary between broker partners and closing/settling agents
Prepare the loan closing instructions process for the borrower/broker and title company, verifying that all closing conditions have been met
Prepare and review internally prepared and attorney-prepared loan documents prior to booking and funding to ensure loan covenants, rate, margin, borrower, and guarantors match the loan approval and credit memo
Ensure and execute loan funding upon verification of all documentation
Essential Skills:
Minimum Education: Bachelor’s degree in Business Administration or other related fields of study is preferred; Minimum of 9 credit hours of accounting is preferred
Minimum one year’s experience in commercial lending
Strong knowledge of regulatory and compliance lending guidelines
Basic knowledge of accounting principles and practices
Ability to identify existing and potential issues and recognize the legal, transactional, and business implications of existing and omitted documents
Strong analytical and problem-solving skills; ability to resolve complex issues with minimal direction
Demonstrated excellent attention to detail and accuracy
Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines
Strong business communication skills; able to write/speak clearly and professionally for a variety of stakeholders
Demonstrated ability to establish credibility and rapport with internal and external stakeholders
Proven ability to maintain confidentiality and professionally handle sensitive documents
Proficiency with LaserPro
Strong working knowledge of Microsoft Office Suite
Certification/License: N/A
Location: Hillsboro Corporate Office - Hillsboro, OR 97124
Target Compensation in San Jose, CA: $25.20 - $28.53 per hour + quarterly incentive
Benefits options include:
Traditional medical, dental, and vision coverage
401K matching up to 5% per pay period
Paid Time Off (PTO): You'll accrue up to 15 vacation days in your first year. In addition, you'll receive 40-hours of sick time, and three personal days, which will refresh annually
Accrue up to 17 days of Paid Time Off your first year of employment
11 paid federal holidays
Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)
What makes First Tech different? Click here to learn more!
First Tech is not currently offering Visa sponsorship or transfer for this position
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