Funding Boarding Specialist

General Function

The Funding-Boarding Specialist I is responsible for following bank procedure and policy to board and provide initial funding of loans. The specialist boards a wide variety of loan and line products from simple to complex transactions in accordance with credit approvals and loan closing documents. The role must meet completeness, turn time, and accuracy requirements as dictated by established service level agreements.

Under close supervision and using established guidelines, the specialist processes basic loan product sets, as well as modifications and renewals. The position requires a basic level of knowledge of loan documentation, policies, and procedures, and knowledge of business banking and commercial product lines, lending operations, policies, practices, and procedures. A high level of knowledge of the loan accounting system is required.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. The specialist is accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the bank’s risk appetite, the specialist achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

• Boards and books new, renewed, and modified loans to the loan accounting system, including collateral information.
• Ensures accurate representation of loan terms, rate, payment schedules, and maturities within the loan system.
• Analyzes and interprets loan approval documents and the note/loan agreement/credit agreement to ensure proper boarding of all aspects of the facility, including loan coding, into the appropriate loan system.
• Demonstrates ability to work in multiple systems accurately and timely.
• Coordinates with LCS, Branch, Relationship Manager, Portfolio Manager, External Counsel, Title Companies, and/or Department Management to facilitate the timely and accurate funding and boarding of commercial loans.
• Analyzes funding and disbursement information to ensure proper disbursement flow of funds via wire, deposit account, fee payment, and/or disbursements to third parties.
• Establishes auto-debit/ACH auto-pay on the loan accounting system per instructions and customer authorization.
• Performs research of boarding errors and resolves problems.
• Assists banking center and relationship manager personnel with questions and information requirements.
• Exhibits product knowledge across the entire banking spectrum of loan products.
• Performs job responsibilities in accordance with completeness, accuracy, and turn time standards dictated by established service level agreements.
• Fosters a positive working environment with all business partners.
• Functions as an extension of all lines of business to ensure internal and external customer expectations are understood and met.
• Provides guidance and support to business partners to meet the needs of external customers.
• Coaches business partners on all business banking and commercial lending funding processes.
• Interacts and communicates daily with all levels as appropriate to ensure requirements are understood and met.
• Ensures all goals and departmental service standards (SLAs) are met.
• Performs other duties as assigned or required.

None.

• High school diploma or equivalent; bachelor’s degree preferred.
• 1 year experience with a focus on commercial loan funding, boarding, loan documentation, or related work experience.
• Good time management and organizational skills evidenced in previous assignments.
• Demonstrates an understanding of applicable bank policies and procedures.
• Good knowledge of commercial loan accounting systems.
• Knowledge of loan documents and requirements.
• Knowledge of commercial lending and loans.
• Knowledge of B2B, CCAS, AFS, Loan Doc Prep System, and other banking systems preferred.
• Good personal computer skills with demonstrated knowledge of Microsoft Excel, Word, and e‑mail.
• Self‑starter and works with minimal…