Commercial Loan Documentation/Closing Specialist

Houston, TX 77056

Posted: 01/25/2023 Industry: Banking/Credit Union/Mortgage Job Number: 4850 Pay Rate: 70,000

Job Description

  • Prepare commercial loan documents within the bank’s portfolio to ensure adherence to lending regulations, lending compliance, and the bank’s credit policy.
  • Review prepared documents for accuracy and consistency with approval requirements.
  • Review collateral support documents such as title commitments and UCC searches.
  • Confirm appraisal and/or environmental reports are completed with appropriate review/sign off (subject to regulatory compliance).
  • Process, review and upload complete loan and collateral files to ensure that established standards are met, including compliance with federal regulations and adherence to Bank lending policy as well as ensuring that the Bank’s security interest is established, and our lien position is upheld.
  • Process all commercial loan modification requests which includes checking in the files for review and support document requirements to prepare documentation; which includes renewals, deferrals, and modifications.
  • Process all requests for Letters of Credit including checking file for completeness and preparing documentation.
  • Provide support to Loan Officers/Lending Team to process the loan according to established policies, procedures, and regulatory guidelines.
  • Ensure compliance with regulatory issues, including but not limited, to HMDA, CRA, Flood, Beneficial Ownership, CIP, Environmental, Appraisal, Regulation O and Regulation B.
  • Review and submit completed loan files to attorney for processing to ensure codes are in system and all support documentation received.
  • Independently prioritize workflow to maximize production turn around to adhere to Service Level Agreements and minimize administrative delinquencies.
  • Work stale dated loans in system for decline/withdraw completeness
  • Assist management in the preparation for and during audits and exams.
  • Perform all other tasks assigned including departmental projects
  • Back up Loan Operations team in day-to-day task as needed.

  • FISERV Premier experience a plus!
  • 3+ years previous experience in commercial loan documentation preparation
  • Strong critical thinking, communication, organizational and decision-making skills required.
  • Ability to operate in a deadline driven environment without sacrificing attention to detail, self-motivated.
  • Proven ability to research and analyze problems and obtain solutions.
  • Strong communication and customer service skills
  • Written communication skills including grammar, spelling, and composition
  • Verbal communication skills including the ability to interact professionally with all levels of management
  • Must have ability to prioritize a variety of tasks, meet deadlines and work well under pressure
  • Ability to interpret and apply laws and regulations
  • Working knowledge of computers and window-based programs.
  • Integrity, discretion, and respect for confidential information are essential.


Meet Your Recruiter

Rebecca Davis

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