Business Loan Coordinator I
Job Posting:
What The Role Is
The position is a key component to the Business Banking model and will provide subject matter expertise for business purpose loans while serving as liaison between Relationship Managers and all back-office functions. This position, in some instances, will also interact with external clients, legal contacts, client's financial representatives and appraisers. The Business Loan Coordinator is responsible for all commercial loan boarding into the Platform Origination System as well as various compliance-related facets of the commercial loan process including aspects of underwriting, insurance (Flood/Hazard), Regulation B, HMDA, CRA and loan documentation. The Business Loan Coordinator will coordinate processes and documentation pertinent to the relationship ensuring compliance with regulatory and bank policies.
How You will Make an Impact
Communicate at an advanced level to develop strong relationships with Relationship Managers and front-office lending staff.
Use advanced knowledge of the Platform Origination System to board all commercial loans onto the system.
Become a subject matter expert on the various backoff processes such as underwriting, insurance, and pre-closing review.
Coordinate many aspects of the commercial loan process from application to closing to ease training requirements for front-office lending staff.
Understand and be able to ensure compliance with regulatory requirements such as HMDA, CRA, and Regulation B for every transaction.
Correct mistakes on the front end to reduce the number of exceptions cited post-closing.
Submit documentation for imaging and lien perfection.
Experience in reviewing attorney prepared loan documents and/or prior legal experience related to loan documentation or closings.
Who You Are
Stable job history
Exceptional communication skills, both written and verbal
Exceptional organizational and interpersonal skills
Ability to read and comprehend documents
Ability to calculate basic financial figures and amounts
Advanced computer skills and knowledge of word processing, spreadsheet, internet, e-mail, database, presentation, and project software (Microsoft Office)
Professional appearance and demeanor
Ability to complete detailed work
Ability to enter data correctly using keyboard, typewriter and calculator
Ability to operate general office equipment
Ability to define problems, collect data, establish facts, and draw valid conclusions
Education
High school diploma or equivalent
Bachelor's degree (B.A.); or 1 - 2 years related experience and/or training
Characteristics
Regular and reliable attendance
Works cooperatively with others
Results oriented and detail driven
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Apply Now
What The Role Is
The position is a key component to the Business Banking model and will provide subject matter expertise for business purpose loans while serving as liaison between Relationship Managers and all back-office functions. This position, in some instances, will also interact with external clients, legal contacts, client's financial representatives and appraisers. The Business Loan Coordinator is responsible for all commercial loan boarding into the Platform Origination System as well as various compliance-related facets of the commercial loan process including aspects of underwriting, insurance (Flood/Hazard), Regulation B, HMDA, CRA and loan documentation. The Business Loan Coordinator will coordinate processes and documentation pertinent to the relationship ensuring compliance with regulatory and bank policies.
How You will Make an Impact
Communicate at an advanced level to develop strong relationships with Relationship Managers and front-office lending staff.
Use advanced knowledge of the Platform Origination System to board all commercial loans onto the system.
Become a subject matter expert on the various backoff processes such as underwriting, insurance, and pre-closing review.
Coordinate many aspects of the commercial loan process from application to closing to ease training requirements for front-office lending staff.
Understand and be able to ensure compliance with regulatory requirements such as HMDA, CRA, and Regulation B for every transaction.
Correct mistakes on the front end to reduce the number of exceptions cited post-closing.
Submit documentation for imaging and lien perfection.
Experience in reviewing attorney prepared loan documents and/or prior legal experience related to loan documentation or closings.
Who You Are
Stable job history
Exceptional communication skills, both written and verbal
Exceptional organizational and interpersonal skills
Ability to read and comprehend documents
Ability to calculate basic financial figures and amounts
Advanced computer skills and knowledge of word processing, spreadsheet, internet, e-mail, database, presentation, and project software (Microsoft Office)
Professional appearance and demeanor
Ability to complete detailed work
Ability to enter data correctly using keyboard, typewriter and calculator
Ability to operate general office equipment
Ability to define problems, collect data, establish facts, and draw valid conclusions
Education
High school diploma or equivalent
Bachelor's degree (B.A.); or 1 - 2 years related experience and/or training
Characteristics
Regular and reliable attendance
Works cooperatively with others
Results oriented and detail driven
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Apply Now