Commercial Loan Documentation Manager

Description

The Commercial Loan Documentation Manager oversees the preparation of accurate loan documents for various commercial loans, including C & I, construction, both owner and non-owner-occupied commercial real estate and SBA loans. This role ensures efficient collateral perfection and closing processes for the bank's Commercial and Government Guaranteed lending divisions. The manager leads a team, monitors loan documentation progress, ensures compliance with credit policies and regulations, and communicates with internal and external stakeholders. Responsibilities include ordering and reviewing title work, due diligence reports, and insurance documents, negotiating loan documents, and managing team performance.

Location requirement: Ann Arbor, Michigan.

Key Responsibilities:

1. Manage preparation of loan documents for commercial loans.
2. Ensure efficient collateral perfection and closing processes.
3. Oversee administrative and operational support for loan documentation personnel.
4. Monitor loan documentation progress for timely closings.
5. Ensure compliance with credit policies and regulations.
6. Order and review title work, due diligence reports, and insurance documents.
7. Review loan packages for required documentation.
8. Assist in negotiating loan documents.
9. Communicate with internal and external stakeholders.
10. Administer team performance management.

Requirements

1. Bachelor’s degree in business, Finance, or Juris Doctor; or equivalent experience.

2. 5-7 years of experience in loan documentation, specializing in commercial loans.

3. Proficient in Microsoft Office and proprietary banking systems.

4. Strong knowledge of commercial loan documentation requirements and bank regulations.

5. Excellent leadership, communication, and problem-solving skills.

6. Ability to work in a fast-paced environment and prioritize tasks.

Physical Demands and Work Environment:

• Regular talking, hearing, and specific vision abilities required.
• Frequent use of hands and fingers.
• Occasional standing, walking, sitting, reaching, climbing, stooping, or kneeling.
• Periods of work-induced stress and extended hours.
• Occasional lifting/moving of objects up to 25 pounds.
• Moderate noise level in the work environment.