JOB FUNCTION:

Responsible for facilitating the commercial loan closing process via timely and accurate preparation and review of commercial loan documentation. Responsible for identifying and resolving any/all issues prior to closing, and for ensuring commercial loan documentation and closing packages adhere to the loan approval, loan policy/procedures, and compliance with banking regulations.

DUTIES & RESPONSIBILITIES:

• Responsible for ensuring commercial loan documentation packages are complete and ready for closing
• Responsibility and authority to deny or delay loan closing based on findings of the commercial loan documentation package review
• Review commercial loan packages for:
  • Completeness, accuracy, and legality of the documentation
  • Compliance with regulatory requirements
  • Adherence to bank policy/procedures
  • Adherence to all terms, conditions and requirements of the loan approval
  • Ensure adequate approval authority is obtained
• Collaborate with Loan Processors, Lending Assistants and Commercial Lenders to ensure all documentation and due diligence is completed accurately prior to loan closing
• Makes decisions, recommendations and provides guidance to Loan Processors, Lending Assistants and Commercial Lenders for additional documentation as applicable
• Review for Home Mortgage Disclosure Act (HMDA) compliance, as applicable
• Verify flood and hazard insurance requirements are met/fulfilled, including but not limited to validation of coverage and documentation of loss payee
• Ensure compliance with SBA requirements, including but not limited to validation of SBA Authorization against Bank loan documents
• Coordinate handoff to booking and funding
• Maintain a thorough understanding of the documentation requirements of commercial loans and SBA loans
• Perform other duties as assigned
• Position is not remote

MINIMUM QUALIFICATIONS:

Work Experience

• 5 + years commercial loan documentation experience to include experience in commercial loan documentation review, quality control, and/or audit review
• Working knowledge of commercial loan documentation, loan policy, and banking regulations
• Strong decision making and organizational skills with attention to detail

Preferred Experience (optional)

• Commercial loan processing
• Experience in closing C&I and CRE loans
• Experience with the LaserPro loan documentation software
• Experience with Jack Henry Silverlake Core Processing System and Jack Henry Synergy Imaging
• Working knowledge of Small Business Administration (SBA) Standard Operating Procedures

Supervisory Experience

• NA

Education/Skills

• Bachelor’s Degree or Equivalent business experience in commercial banking loan servicing or loan administration, internal audit, risk management, quality assurance or quality control
• Basic accounting knowledge
• Strong organizational skills with the ability to work in dynamic environment, that demands the ability to manage multiple and often competing priorities
• Strong interpersonal skills and problem solving skills
• Detail oriented, with a high degree of accuracy
• Excellent customer service skills

Equipment/Machines/Software

• Excellent computer literacy in all Microsoft Programs (Outlook, Word, Excel, Power Point)
• Proficiency in Adobe Reader and various internet browsers
• Experience with smart device(s), dual monitors, copier, fax, scanner, phone system, printers, calculators, telephone headsets and other electronic devices
• Core loan processing system and imaging system experience

Competency Requirements

• Ability to resolve conflict and provide resolution professionally and in an empathetic manner to customers
• Ability to work independently with minimal supervision, take initiative, and make effective decisions
• Ability to read and interpret loan documents & data to others
• Professional verbal and written communication skills, on the phone and in person
• Proven organizational skills with ability to multi-task and follow assigned tasks through completion

Physical Requirements

• Must be able to reach, bend and lift files equivalent of up to 25 lbs
• Must be able to sit for most of the day in front of a computer
• Must be able to write, speak and hear to communicate with customers
• Must be able to read from a computer screen and other paper reports
• Must be able to type on keyboard
• Must be able to be mobile in an office environment

This job description does not imply an employment contract, nor is it intended to include every duty and responsibility that employee is responsible. Duties and tasks may be assigned by management team based on department and business needs.

Jefferson Bank is an EEO employer and an Affirmative Action Employer, M/F/Disability/Protected Veteran Status.

Click The Link Below To Be Redirected To The Equal Employment Opportunity Commission’s Website To View The “Know Your Rights” Poster

https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf