Commercial Loan Specialist - Boulders

Job Description Primary Function

This role provides a wide variety of support to the Business Services Team. Support will include loan processing and administration from origination through post‑closing; operational and technical support in collaboration with members of the Business Services team; opening of membership accounts and deposit checking accounts; and maintenance and management of member business banking relationships. Prepare and process loan approval and closing documents, clear post‑closing loan documentation and servicing exceptions, contact business members regarding past‑due accounts and resolve member account problems.

Provide exceptional member service and support to ensure our members' needs are met.

• Works closely with Business Services Relationship Managers to facilitate and resolve issues on new loan transactions, closings, modifications and renewals.
• Responsible for documenting the financial information requirements for new loan requests.
• Set up, process, and monitor documents, and files for commercial loan package completion to meet lending specifications. Review and monitor loan documents for accuracy, completeness and adherence to approval conditions.
• Ensure correct lien position which may include UCC searches and analyzing title policies/searches.
• Maintain files with sufficient documentation for third‑party review and prepares files for timely audits.
• Set up loan and financial ticklers to ensure accuracy and timeliness. Responsible for ensuring all closing conditions are met and loans are closed within time frames.
• Assist the team of Business Services Relationship Managers in obtaining, scanning and archiving information required for underwriting a loan request.
• May assist Business Services Relationship Manager in ordering third‑party reports related to a loan request, including appraisals, Phase I/II environmental reports.
• Review and resolve a variety of member problems/issues regarding products and services.
• Process loan advances on credit facilities at the request of member or Business Services Relationship Manager.
• Process funding of loan closings at the request of the borrower, closing attorney/agent or Business Services Relationship Manager.
• Process construction loan advances during the draw down period. This may include coordinating the third‑party site inspection, title update and review, and funding appropriate advances based on percentage completion of the project.
• May negotiate loan‑signing dates with members, closing agents and Business Services Relationship Manager.
• May work with attorneys and other financial or legal resources to obtain the correct, accurate documents to fully protect the credit union's interests in complying with the approved terms of the credit relationship.
• Responsible for GL Certification which includes research, balancing and certification.
• May perform preliminary review of property and liability insurance to ensure it complies with MBL loan policy and procedure.
• May provide customer service, administrative support and inter/intra office communication support for the department.
• May perform other duties as assigned.

• Independently prepare data input sheets and provide required information for loans to be boarded on the credit union servicing system and ensure all loan coding is correct.
• Review corporate organizational documents to determine appropriate signing authorities and responsible for confirming such entities are in good standing with applicable governmental agencies.
• May perform preliminary analysis on title insurance commitment reports including title exceptions, and responsible for preparing title/escrow instructions including reviewing final title policy to ensure it complies with the title/escrow instructions and confirms that the bank's lien position is accurate.
• Responsible for reviewing property and liability insurance to ensure it complies with loan terms and MBL policy and procedure.

• Assists Business Banking Relationship Managers in the management of the total account relationship including deposit accounts.
• Han…