Commercial Post Closing Review File Specialist

Position Summary

The Commercial Post Closing Review File Specialist I is part of the Post Closing Team in the Commercial Banking Service Support Department. This position is responsible for performing a thorough and comprehensive review of loan, credit, and collateral documents to determine if documents are in compliance with regulatory requirements and company policy.

• Performs quality assurance of all loan files to ensure documentation is approved and in compliance with regulations and company policy.
• Reviews all file documentation for loan files, including but not limited to collateral documentation, title commitments and policies, UCCs, letter of credit, insurance policies, and liens (collateral perfection).
• Recognizes missing or incomplete documentation in loan files and seeks solutions to problems.
• Identifies and accurately enters any exception items for covenant tracking.
• Reviews requests and supporting documentation to accurately remove any exception items for covenant tracking.
• Remains up-to-date on all documentation, regulatory, and lien perfection requirements to ensure loan quality.
• Is responsible for ongoing knowledge of bank regulations related to compliance and auditors for commercial loans.
• Assists in special projects as needed.

• Various lending regulations
• Strong organizational skills
• Strong oral and written communication skills
• Excellent customer service skills

• Multi-task and work independently
• Manage multiple deadlines
• Analyze and solve problems with no precedents
• Perform duties and make decisions under frequent time pressures

• Requires High School diploma; continuing education preferred.
• Minimum 1-2 years experience in commercial collateral/liens or documentation preferred such as a background of title company employment, legal work, bank employment, or experience with loan documentation software such as Laser Pro.
• Requires knowledge of Microsoft Office (Word, Excel, Adobe). Other bank proprietary systems helpful.

Salary offered is based on factors, including but not limited to the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $21.00/hr - $28.00/hr)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being - now and in the years to come - are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program.

In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit  to learn more about Busey's Equal Opportunity Employment.

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency") without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidates without any financial obligation to the Agency, unless an Agreement is in place.

Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.