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Marquette Bank · 1 week ago

Loan Document Specialist

Orland Park, IL

Full-time

Onsite

Mid, Senior Level

$50K/yr - $65K/yr

5+ years exp

Marquette Bank is a community-focused financial institution committed to providing financial services to the southwest Chicagoland area. The Loan Document Specialist is responsible for generating loan documentation, funding, and ensuring compliance with loan policies while supporting the commercial banking team in documentation processes.

Financial ServicesReal Estate

Culture & Values

Responsibilities

Confirm loan presentation requests adhere to Loan Policy and have the proper approval authority

Review and evaluate supporting documents provided by the Commercial Banking origination team (i.e. Entity Formation Documentation, UCC Searches, Flood Zone Determinations, Title Commitments, Appraisals, Surveys, Environmental Audits, Tenant Leases, all other forms required to document or secure the loan)

Prepare and review loan documents utilizing software

When loan documents are prepared by outside counsel, forward supporting documentation to counsel and review documents prepared by counsel

Review executed loan documents and verify that the documents are properly executed

Set up file monitoring in tickler systems

Forward documentation to the proper recording office to record and perfect the Bank’s lien on collateral

Resolve documentation exceptions listed in system

Process and balance construction draw requests for funding internally or through a title company construction escrow

Assist in reviewing loan policies, procedures, strategies and delivery systems utilized in the loan documentation process

Participate in Disaster Recovery/Business Continuity initiatives as assigned

Prepare monthly department report

Actively comply with all applicable laws and regulations to include the Bank Secrecy Act, the Community Reinvestment Act, and all other deposit, lending, or non-deposit service regulations; adhering to the Bank’s internal policies, procedures, and risk management responsibilities contained in the Employee Handbook, the Employee Code of Conduct, and other applicable policies

Qualification

Commercial real estate documentationConstruction loan documentationLoan documentation softwareBusiness Law certificationBusiness Finance certificationBank operations knowledgeCustomer service skillsAnalytical skillsCommunication skillsOrganization skillsTime management skillsTeam-orientedProblem-solving skills