Sr. Commercial Loan Documentation Specialist Pinnacle Peak Rd, Phoenix, AZ

Sr. Commercial Loan Documentation Specialist

2355 W Pinnacle Peak Rd, Phoenix, AZ 85027

Join us in making an impact at OneAZ Credit Union where your work truly matters.

• Prepare all commercial loan documents through the Credit Union's loan documentation system.
• Administer processes for creation, closing, review, perfection, and securing of loan documentation and collateral for the commercial loan portfolio.
• Work closely with internal and external stakeholders, including title companies and legal counsel, to ensure loan compliance with state and federal laws, regulations, and Credit Union policies.
• Review and understand commercial real estate loan terms, conditions, and financial components as detailed in credit approval documents.
• Identify potential problems and provide solutions.
• Verify that title work and UCC filings support the Credit Union’s lien position.
• Create loan documentation packages that comply with approved terms and conditions.
• Perform final review of closing packages; ensure all tasks and conditions have been addressed.
• Transmit closing packages to loan officers or closing office and ensure closing date commitments are met.
• Review completed documents after closing to ensure proper execution.
• Identify exceptions and notify appropriate parties.
• Generate additional documents as requested, including loan modifications, partial lien releases, guarantor changes, extensions, and renewals.
• Engage legal counsel to provide guidance on loan documentation.
• Ensure perfection on collateral, including filing or recording processes for UCC, assignments, deeds of trust, and titled collateral.
• Perform final audit of loan data prior to transfer from the loan documentation system to the host system.
• Authorize and ensure disbursement of loan funds in accordance with regulations and policies.
• Act as a resource for Business Bankers and associates for commercial/business loan document and entity structure guidance.
• Coordinate and attend commercial loan closings with borrowers.
• Receive, approve, and process vendor invoices; balance appraisal general ledger monthly.
• Provide guidance and training to co‑workers.
• Maintain strong working relationships with credit administration and business banking teams.
• Ensure compliance with NCUA, federal and state regulations.
• Support audits and regulatory examinations.
• Maintain collateral files and verify completeness with necessary documents and signatures.
• Complete annual compliance training as required.
• Track and report commercial loan production and documentation pipeline.
• Create and maintain effective processes and procedures.
• Identify enforce ability issues and recommend to director and legal counsel.
• Participate in credit administration meetings as requested.
• Review and identify inconsistencies in documents related to purchased participation loans.
• Review all due diligence requests for real estate, equipment, and business appraisals.
• Review Laser Pro updates and test applicable updates.
• Track application, decline, and withdrawal status of all credit requests.
• Work with the SBA on subordination documentation to maintain approved collateral position.
• Provide necessary documentation to Partner Engineering for due diligence.
• Track and maintain Sageworks workflow updates.

• High School Diploma or GED required;
  Associate degree or higher preferred.
• 5 to 8 years of experience in commercial loan documentation and closing.
• Experience with commercial real estate loan transactions and UCC perfection.
• Ability to review and analyze title documents to secure lien position.
• Understanding of general ledger and suspense accounts, and funding mechanisms.
• Knowledge of corporate business structures, by‑laws, and operating rules.
• Skill in reviewing entity formation documents for proper permissions and authorities.
• Working knowledge of Finastra (Laser Pro), Meridian Link (LoansPQ), and DNA preferred.
• Strong knowledge of Credit Union policy and operating procedures.
• In-depth understanding of loan documentation language and systems.
• Notary public preferred.

• Generous paid time off: paid holidays, floating holidays, personal days, vacation days, and sick time.
• Target hourly range: $31.15 – $38.90 per hour, depending on experience.

All candidates will be considered for this position on an individualized basis in compliance with all applicable equal employment opportunity laws.