AVP, Loan Administration Officer

AVP, Loan Administration Officer and Supervisor GENERAL SUMMARY

Documentation, Closing & Funding Department is responsible for preparing the Promissory Note, Business Loan Agreement, and other loan documentation in Laser Pro or reviewing attorney‑drawn loan documents, drafting Lender’s Instructions, and performing necessary pre‑closing validation for closing and funding.

3-5 direct reports

• Review and document all standard and complex commercial loans, such as Cross‑Collateralized, Asset Based, Construction complex, International Trade Finance complex.
• Review complex attorney‑prepared loan documents prior to signing in accordance with Credit Approval. Consult with legal counsel and outside attorney for any changes or additions to loan documents.
• Validate receipt of the loan and borrower supporting documentation and verify compliance with loan committee approval conditions, bank policies, procedures, and federal, state and other regulatory requirements.
• Create Laser Pro documentation based upon loan approval conditions and in compliance with loan committee approval conditions, bank policies, procedures, and federal, state, and other regulatory requirements.
• Create escrow closing instructions, pre‑closing conditions and any other conditions required for lender/borrower information.
• Receive signed loan documents and perform closing and funding activities (wire request, account funding, remit funds to pay off other lenders, order tax contracts, UCC filing, set up and maintain tickler and monitoring databases such as Stucky and Trade Innovation).
• Review and approve escrow and recording instructions prepared by junior level processors, as necessary.
• Examine loan packages processed by less experienced staff to verify accuracy or conformity with loan requirements, and approve closing (funding, wire, UCC filing/verification, title policy reviewing).
• Database administrator for Laser Pro, responsible for updates and maintenance of Laser Pro library settings, including maintaining and testing Laser Pro disaster recovery application along with Laser Pro testing database used prior to implementing additions or changes to production.
• Present an agreement on specific proposals through discussion or communication with others of a different viewpoint (e.g., lending units, loan servicing, and legal counsel).
• Instruct less experienced staff in detail on the work they perform, assign work, observe and evaluate performance, and work with team members to improve performance.
• Coach and develop staff to meet their position responsibilities. Address performance issues as identified and required. Evaluate, interview, and hire staff as required. Provide necessary direction and support to staff, promote training, career development, and motivation. Hold team members accountable for their daily work.
• Communicate and oversee processing turnaround times to ensure fulfillment of service level agreement.
• Cross‑train less experienced team members.
• Other duties as deemed necessary by Manager.

• Education:
  
  college graduate with major in accounting or business preferred.
• Experience:
  • 6+ years banking experience with a minimum of 2+ years experience at a senior level.
  • Laser Pro required.
  • Knowledge and understanding of commercial loans and international lines of credit required.
  • Minimum of 3 years supervisory experience required.
• Skills and Ability: detail‑oriented and accurate; ability to make sound recommendations to improve workflow; excellent communication skills; PC proficient; thorough knowledge and understanding of commercial loans and international lines of credit.