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Equity Bank · 1 day ago

Commercial Loan Assistant

Oklahoma City, OK

Full-time

Onsite

Entry Level

1+ years exp

Equity Bank is a full-service community bank based in Wichita, Kansas, with over 80 offices throughout several states. They are seeking a Commercial Loan Assistant to process and close commercial loans, assist loan officers, and maintain compliance with banking regulations while providing quality customer service.

BankingFinanceFinancial Services

Responsibilities

Process and close commercial loans while providing accurate and detailed support

Complete all pre-closing requirements

Once Loan Officer provides loan approval and/or commitment letter, request an estimated closing date, prepare loan document request form, input loan information into Easy Lender, and gather supporting documentation, and submit requirements and request for document preparation

Close loan in conjunction with Loan Officer, collect any fees required from borrower to deposit to loan suspense, prepare funding (if applicable) - wiring instructions, etc

Send applicable items to be recorded: mortgages, assignment, modifications of mortgages, SNDA’s, Landlord’s consent, etc

Copy original note for file; send required booking documentation to Loan Operations; Prepare Blue/Red Files with loan documents, supporting documents, financial info, etc. for post-closing document review

Assist in managing loan officer’s portfolio

At times, assist officer in pre-underwriting requirements/documents to the credit department (case by case basis)

Discuss with Loan Officer and create action plan regarding:

Exception list

Delinquency/O/D/Past Due List

Maturities (Matured Loan List)

Misc Filing

Follow up on recorded mortgage or final title policy

Process advance/draw requests as directed when needed and verify compliance

Keep up to date on all laws and regulations

Complete necessary responsibilities to maintain compliance

Follow bank processes and procedures