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Specialist I, Commercial Loan Operations, South Bend, IN

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Job Description - Specialist I, Commercial Loan Operations, South Bend, IN

POSITION SUMMARY

Responsible for preparing business loan documentation, ensuring the bank has collateral perfection, and performing post-closing loan servicing to adhere to the credit approval and the bank's policies and procedures. 

 

ESSENTIAL REQUIREMENTS


  • Reviews and determines the appropriate documentation and perfection requirements according to the credit approval within service standard agreements.

  • Examines loan documentation or accuracy, completeness and properly executed signatures.

  • Ensures appropriate due diligence requirements are completed.

  • Works closely with relationship managers and documentation staff in processing loan and lease transactions.

  • Boards loan to loan system and performs a 2 day verification of financial data.

  • Follows up directly with internal and external customers for pending items.

  • Performs monthly review of various reports to ensure accuracy including financial and regulatory data and perfection of bank’s lien.  

  • Performs necessary follow up and updates to ensure compliance.

  • Manages various reports clearing exceptions and performs collateral audits working with relationship managers and customers to gather required documentation or information to clear the exceptions.

  • Regular and predictable attendance is an essential requirement of the position.


  • Responsible for the completion of all compliance training related to the position.



  •  Must understand all applicable laws and regulations that apply to the position and complies with the requirements.



NON-ESSENTIAL FUNCTIONS


  • Performs all other duties as assigned.


EXPERIENCE/SKILLS


  • One (1) to three (3) years of related experience preferred. 

  • Prior commercial loan documentation and perfection of lien experience for titled, non-titled and real estate collateral preferred.

  • Good PC skills--proficiency in Microsoft Word and Excel essential.

  • Good communication and organizational skills.

  • Ability to handle multiple tasks in a fast-paced environment.

  • Detail oriented.


EDUCATION 

Bachelors Degree preferred.

 

TRAVEL REQUIREMENTS

Ability to travel to all locations as well as ability to travel over night, as needed for meetings, projects, seminars, etc.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.

 

While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.


 EQUIPMENT

MS Office PC, fax, phone and standard office equipment.

 


 

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