Loan Administration Assistant

Description

If you are someone wanting to make a difference in the communities that we serve and join the strongest large bank in Kansas City, then Security Bank of Kansas City has a career for you. In addition to our compensation and benefits packages, Security Bank offers full-time employees 11 paid holidays, rewarding and challenging growth opportunities, generous paid time off and discounted banking services.

The Loan Administration Assistant provides comprehensive administrative, clerical, and operational support to Loan Officers within the Commercial Banking department. This role is responsible for supporting complex loan transactions, delivering high quality customer service, and ensuring loan documentation, processing, and post closing activities are completed accurately, timely, and in compliance with internal policies and regulatory requirements.

The duties include but are not limited to the following:

• Partner with lenders to prepare loan requests
• Obtain credit bureau reports and other required credit information, as needed
• Obtain, review, organize, and maintain required loan documentation, including title commitments, settlement statements, vehicle titles, insurance, flood certifications, and related documents
• Coordinate with Laser Pro Documentation Support to obtain loan documents
• Review and verify loan documentation for accuracy, completeness, and consistency prior to closing
• Print checks, process loan payoffs, forward documents for recording, and file Notices of Liens and UCC filings
• Verify Silverlake loan input for accuracy, including collateral tracking data
• Establish, organize, and maintain complete and accurate loan and credit files in accordance with bank standards
• Review documents uploaded to Synergy for accuracy and completeness
• Monitor collateral tracking and follow up on exceptions to ensure timely resolution
• Process construction loan draws and review disbursements against approved budgets
• Responsible for verifying wire transfer requests and accurately entering wires.
• Provide customer service support in person and by phone, including:

• Processing borrower loan payments
• Advancing funds in accordance with lender and borrower instructions

• Ensure ongoing loan file maintenance and documentation integrity
• Complete third party loan verifications, as requested
• Prepare and update Customer Information Files (CIFs) for loan presentations, as needed
• Prepare lien releases, deeds of release, mortgages, and related documentation
• Prepare payoff letters, correspondence, and other written communications
• Process payments for third party invoices, including title companies and appraisal firms

Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Working knowledge of Commercial & Industrial (C&I) lending, including loan structures, collateral types, borrowing base certificates, financial covenant monitoring, and tickler tracking.
• Working knowledge of Commercial Real Estate (CRE) lending, including construction, term, and development loans; rent rolls; cash-flow analysis; and key documentation requirements.
• Ability to review and validate loan documentation (notes, credit agreements, guarantees, UCC filings, title policies, appraisals, environmental reports, etc.).
• Experience using loan origination and loan origination systems.
• General understanding of applicable regulatory requirements (OCC, FDIC, fair lending, BSA/AML impacts on lending) as they apply to C&I and CRE portfolios.

• Strong attention to detail for tracking ticklers, exceptions, insurance, financials, covenant testing, and maturity dates.
• Ability to audit loan file files, maintain digital records, and ensure documentation completeness.
• Experience supporting collateral perfection activities, including UCC filings, continuations, releases, titles,…