Loan Documentation Specialist

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time 5.1 Clerical Orland Park, IL, US

If making an impact is important to you, you belong with the Marquette Bank Team. You'll enjoy the opportunity to make a difference for our customers and in our neighborhoods. You'll love our welcoming, supportive, friendly, team-centered work environment - including perks like an expansive benefits package, growth opportunities, gym subsidy, tuition reimbursement and community involvement opportunities!

Founded by John

F. McCarthy in 1945, the bank has been committed to providing financial services to meet the savings and borrowing needs of southwest Chicagoland. We have continued to grow and are proud to be a modern neighborhood bank with 20 branch locations to serve our customers and communities.

Pay Range: $60,000 - $70,000

The pay range is based on consideration of criteria such as required qualifications, experience, education and skills. Marquette Bank reserves the right to offer the selected applicant a salary commensurate with the applicant’s qualification, experience, education and skills.

The Loan Documentation Specialist is responsible for completing all activities related to the generation of loan documentation, funding, collateral perfection, exception resolution, and real estate construction project tracking, preparing collateral file and securing loan documentation file.

• Confirm loan presentation requests adhere to Loan Policy and have the proper approval authority.
• Review and evaluate supporting documents provided by the Commercial Banking origination team (i.e. Entity Formation Documentation, UCC Searches, Flood Zone Determinations, Title Commitments, Appraisals, Surveys, Environmental Audits, Tenant Leases, all other forms required to document or secure the loan).
• Prepare and review loan documents utilizing software.
• When loan documents are prepared by outside counsel, forward supporting documentation to counsel and review documents prepared by counsel.
• Review executed loan documents and verify that the documents are properly executed.
• Set up file monitoring in tickler systems.
• Forward documentation to the proper recording office to record and perfect the Bank’s lien on collateral.
• Resolve documentation exceptions listed in system.
• Process and balance construction draw requests for funding internally or through a title company construction escrow.
• Assist in reviewing loan policies, procedures, strategies and delivery systems utilized in the loan documentation process.
• Participate in Disaster Recovery/Business Continuity initiatives as assigned.
• Prepare monthly department report.
• Actively comply with all applicable laws and regulations to include the Bank Secrecy Act, the Community Reinvestment Act, and all other deposit, lending, or non-deposit service regulations; adhering to the Bank’s internal policies, procedures, and risk management responsibilities contained in the Employee Handbook, the Employee Code of Conduct, and other applicable policies.
• Perform job-related responsibilities that support departmental and organizational goals, consistent with the scope and purpose of the position.

• Bachelor’s Degree preferred or certification in Business Law, Business Finance or Commercial Real Estate Lending.
• Minimum 5 years’experience with commercial real estate loan documentation, construction loan documentation and commercial loan documentation.
• Working knowledge of bank operations,…