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Landmark Credit Union · 2 weeks ago

Business Services - Business Services Loan Administrator

New Berlin, WI

Full-time

Onsite

Senior Level

5+ years exp

Landmark Credit Union is committed to putting people first, fostering a culture of inclusion and collaboration. The Business Services Loan Administrator is responsible for assisting in the administration of business loan closings, managing documentation, and ensuring compliance throughout the loan process.

Financial Services

Responsibilities

Facilitates the loan closing process by serving as liaison between lenders, external legal counsel, title companies, and internal credit and loan processing departments

Manages loan closing pipeline and communicates timelines with internal loan processing department, lenders, title companies, and attorneys throughout the loan process

Requests appropriate supporting documents including organizational documents, title work, flood searches, collateral insurance, loan payoffs, and various due diligence items to verify compliance with loan approval and bank closing procedures. Reviews as needed and requests and updates or corrections warranted. Orders payoffs of liens to be satisfied with new funding

Confirms that title, vehicle and UCC searches were properly executed and to ensure that our collateral position meets standards, obtaining updates/corrections as needed

Prepares necessary checklists for ordering loan closing document package, sending to processor along with all supporting documents and due diligence

Reviews credit approval presentation and completed loan closing package to ensure accuracy and compliance, and adherence, to the loan approval guidelines

Attends in-house closings, as needed, to provide additional support to the lender/member and notary services. Reviews all documents immediately after closing to insure proper signatures were obtained and all required documents were completed in an accurate manner

Sends fully executed loan package to processing staff for booking, filing of liens, payment to vendors and other steps required to complete the loan file

Provides backup support to Processing Staff as required

Performs other duties as assigned

Qualification

Loan processing knowledgeDocumentation preparationMicrosoft Office proficiencyOrganizational skillsVerbal communicationWritten communicationProblem solvingInterpersonal skillsAttention to detail

Required

High school diploma, or equivalent, and a minimum of five years of experience in the preparation and/or review of legal or financial documentation. Combination of education and experience will also be considered

Experience or the ability to gain proficiency in all programs and systems used for this job including Microsoft Office products and systems related to documentation preparation or review or for documentation exception tracking

Excellent verbal and written communication skills, problem solving skills, organizational skills and the ability to work independently as a valuable team member in a dynamic environment

Demonstrated knowledge in the structure and requirements of all types of loan processing, real estate and business documentation experience preferred

Proven ability to organize work, balance multiple priorities, manage a variety of projects in a fast-paced, flexible work environment with strong attention to detail and within defined deadlines

Demonstrated ability to use independent judgment and discretion in various situations while maintaining a high degree of confidentiality

Must possess strong interpersonal skills, a positive attitude, and a desire to help people

Must have a thorough understanding of company policies and procedures as they relate to this position. Must understand and comply with all job-related state and federal laws and regulations