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Commerce Bank · 11 hours ago

Loan Coordinator II - FineMark

Scottsdale, AZ

Full-time

Onsite

Mid Level

4+ years exp

FineMark Bank & Trust, a division of Commerce Bank, is seeking a Loan Coordinator II to facilitate the entire loan process, including application, documentation, and closing. The role involves coordinating with loan officers and clients, ensuring loan files are complete, and assisting in training new associates.

BankingFinanceFinancial Services

Responsibilities

Receive applications/approved loans and prepare documents for all loan types; may work and coordinate documents with outside attorneys

Document and close all loan types with little to no assistance being provided regardless of the loan's complexity (i.e. participations/syndications; complex structures; complex entities, etc.)

Oversee the collateral and security-perfection process for loan closings

Prior to closing, review loan files to ensure completeness; review process includes, but is not limited to, proper vesting, security descriptions, dates and signatures

Assist in training new associates and collaborate on developing training plans

Facilitate loan Booking and Funding (disbursements), perform post-closing follow-up which includes, but is not limited to, confirmation of complete and properly signed documents/checklists and that all insurance requirements have been met

Answer inquiries concerning loan processing and servicing

Perform other duties as assigned

Qualification

Loan documentationRESPA knowledgeTRID/Regulation Z knowledgeMicrosoft Office proficiencyAttention to detailOrganizational skillsCommunication skillsTeam player

Required

Extensive experience in at least three of the four loan types: consumer, commercial, residential or construction and is relied upon by fellow associates to provide assistance with their loan type

Strong knowledge of RESPA, TRID/Regulation Z (Truth-in-Lending), Flood Disaster Protection Act, Equal Credit Opportunity Act, Fair Housing Act and Fair Credit Reporting Act, etc

Ability to prepare loan documentation, process and close all loan types

Strong knowledge of legal requirements of lien perfection and loan compliance

Excellent proofreading and organizational skills

Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills

Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Bachelor's degree in related field or equivalent combination of education and experience required

4+ years' experience in loan documentation/closings required