Commercial Loan Documentation Specialist

FIRST STATE BANK

– JOB DESCRIPTION

JOB TITLE:

Commercial Loan Documentation Specialist STATUS:
Non-Exempt DEPARTMENT:
Loan Documentation

REPORTS TO:

Loan Documentation PRIMARY PURPOSE OF THE JOB:

The Documentation Specialist is responsible for the preparation of Commercial Loan closings and Letters of Credit.

ESSENTIAL DUTIES:

Perform initial loan file review, compile checklist, and communicate to Lender’s items neededfor pre-closing review

Order and review title work, surveys, flood determinations, UCC’s, appraisals and any other due diligence required to perfect the bank’s lien position

Prepare actual closing packages in accordance with Bank approval and policy

Review Attorney prepared loan packages to ensure they meet the banks approval and due diligence requirements

Scan closed loans to the loan documentation folders and ensure all requirements are met tofund

Fund loans and submit documentation package to loan servicing for booking

Once loan is booked scan closing files to Director Maintain a work in process log Prepare Letters of Credit Prepare Participation Agreements Prepare and monitor construction draws

Help maintain vault as necessary

Create and maintain a courteous and professional relationship with co-workers while maintaining timely and prompt daily attendance OTHER DUTIES:

Review loans pre-closing to ensure approval requirements have been met and all fees have been collected

Back up post close review as necessary

Other duties as assigned REQUIRED EXPERIENCE/

SKILLS:

Two years minimum related job experience

Experience in construction loan monitoring preferred

Experience with Laserpro preferred

Experience with Navigator and Director preferred

Strong written and verbal communication skills

Experiencing SBA lending preferred REQUIRED

EDUCATION:

High school diploma or equivalency (GED)

WORKING CONDITIONS:

Office environment with little exposure to physical hazards or conditions

Ability to enter data into a computer and work with computer programs:
Microsoft Word andExcel

Ability to stand and/or sit for long periods of time Ability to reach with hands and fingers, touching computer buttons/adding machine buttons for extended periods of time Ability to use fingers and hands to answer telephone repeatedly WHAT CAN

WE OFFER YOU:

Working with an energetic team focused on making our customers financially successful!

An opportunity to grow your career and do amazing things!

Collaborative and energetic work environment

Incentive program based on performance

Paid Time Off (PTO) and Paid Holidays for Full Time/Part Time Employees Paid time to support your community!

Health, Dental, Vision (Full Time)401K match and Life Insurance (Full Time/Part Time Employees)
Educational Assistance Program (Full Time/Part Time Employees)
Employee Assistance Program Employees are expected to comply with all laws, regulations, bank policies and procedures,including specifically First State Bank’s Bank Secrecy Act and Anti-Money Laundering Policy and procedures, and it’s Customer Identification Program. Failure to comply with either the letterand/or spirit of these laws may result in disciplinary action, up to an including termination.

This job description does not list all the duties of the job. You may be asked by supervisors ormanagers to perform other instructions and duties. You will be evaluated in part based on yourperformance of the tasks listed in this job description.

Management has the right to revise this job description at any time. The job description is not acontract for employment, and either you or the employer may terminate employment at any time, forany reason.
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