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Mercantile Bank · 2 months ago

Commercial Documentation Review Specialist I

Grand Rapids,MI,US

Full-time

Hybrid

Entry Level

1+ years exp

Mercantile Bank is Michigan's largest community bank, dedicated to building strong relationships and communities through collaboration and innovation. The Commercial Documentation Review Specialist I will ensure the integrity of commercial loan processes by conducting thorough quality reviews of loan documentation, ensuring compliance with legal and regulatory guidelines while providing exceptional support to internal departments.

BankingFinancial ServicesLendingMobile Apps

Senior Management

Responsibilities

Conduct thorough quality reviews of loan documentation and supporting due diligence, ensuring compliance with loan approvals and applicable legal and regulatory guidelines

Perform both post- and pre-closing reviews, verifying that all documents are accurate, complete, and consistent with established credit policies

Provide exceptional support to internal departments by resolving inquiries and identifying discrepancies

Act as a consultant to lenders, guiding them on documentation and recording questions, while adhering to strict health and safety protocols

Qualification

Loan documentation experienceLegalRegulatory knowledgeAnalytical skillsLoan amortization calculationAttention to detailSoftware

Required

1-3 years of experience in commercial or residential loan documentation, or relevant experience from a commercial title insurance company or as a paralegal in a banking-focused law firm

Comprehensive understanding of legal and regulatory matters, along with perfection and recording requirements

Strong analytical skills

Attention to detail

Ability to calculate loan amortization

Proficiency in various software and tracking systems

A personal mobile device is required for system sign in and emergency procedures

Benefits

Medical

Dental

Vision

401(k)

Life Insurance

Health Savings Account

Flexible Spending Account

Competitive Salary

Paid Time Off

Employee Discounts

Minimum of 3 weeks' vacation

Sick time

11 paid holidays

Generous 401k match of 5%

Company paid life insurance

Tuition reimbursement

IVF and adoption assistance

Zero-interest loans for fitness equipment and business attire

Discounted bank services

Employee stock purchase plan

529 savings plans

Legal protection

Exceptional training and development opportunities

Encouragement to connect with community through volunteer opportunities

Company

Mercantile Bank

Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots.

Founded in 1997

Grand Rapids, Michigan, USA

501-1000 employees