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First Commonwealth Bank · 21 hours ago

Corp Loan Documentation Specialist I

Indiana, PA

Full-time

Hybrid

Entry Level

1+ years exp

First Commonwealth Bank is seeking a Corporate Commercial Loan Documentation Specialist I to support their commercial lending operations. The role focuses on preparing accurate and compliant loan documentation, ensuring adherence to internal policies and regulatory requirements while collaborating with various internal departments to facilitate timely loan closings.

Banking

Responsibilities

Prepares comprehensive and error free loan documentation using LaserPro or internal templates, ensuring strict adherence to internal policies, banking regulations, and applicable legal requirements. Expectation is less than 1% external critical error rate and less than 5% internal critical error rate of draft documents

Manages the loan documentation process for all assigned LaserPro loans to ensure that all loan documentation is produced in accordance with the loan approval and that draft and final loan documentation are created error free

Efficiently manages a high volume of urgent and complex documentation requests by prioritizing tasks to meet critical deadlines, ensuring accuracy, completeness, and compliance with regulatory standards; coordinates seamlessly with lending teams to facilitate timely and successful loan closings

Manages and monitors a pipeline of complex, high-value commercial loan requests with diverse structures and timelines. Ensures all loan approval conditions are met by accurately preparing, reviewing, and collecting required supporting documentation prior to the release and execution of loan documents. Proactively advances loans through the pipeline and maintain thorough follow-up with lending teams to ensure timely progression and resolution

Effectively communicates with corporate lenders, credit analysts, portfolio specialists, management, and internal departments to ensure smooth loan processing. Coordinates with the lending team to obtain all necessary due diligence documentation required for the preparation of loan documents, promptly addressing any discrepancies or additional requirements

Prepares accurate amortization schedules requested by lending teams

Conducts research assignments, and contributes to special projects as needed, providing detailed, organized, and well-supported documentation in support of departmental goals as assigned

Ensures Service Level Agreements are met with regards to preparing draft documents for review and issuance of final loan documents

Qualification

Commercial loan documentationLaserProAnalytical skillsMS WordMS ExcelAdobe AcrobatMathematical skillsVerbal communicationWritten communicationRelationship-buildingMotivation to learn