Apply on Employer Site

Busey · 4 hours ago

Commercial Loan Coordinator

Oklahoma City, OK

Full-time

Onsite

Entry Level

$25/hr - $30/hr

2+ years exp

Busey is a banking institution seeking a Commercial Loan Coordinator to ensure data integrity of customer and loan information. The role involves collaborating with Relationship Managers and managing loan requests, renewals, and documentation throughout the loan process.

BankingFinanceFinancial ServicesWealth Management

Responsibilities

Develop and apply strong knowledge of the Bank’s 'credit culture' and in partnership with Loan Coordination leadership advise Relationship Managers on deviations from standard practices

Acts as a resource for Relationship Managers on loan operations and the processing of loan requests through the loan operation system

Functions as a point of contact for other internal departments during the loan process, serving as a liaison between commercial lending departments such as Credit, Compliance, Deposit Operations, Loan Documentation, Loan Servicing and Post-Closing Review

Manages and oversees annual renewals, new loan requests and monthly reporting tasks on all loan types

Completes daily processes and maintains pace with month end, quarter end and year end volume levels

Enters customer and loan information into the Bank’s loan origination system with specific attention to data integrity at the point of input

Obtains all pre-closing documentation requirements, such as flood letters, title work, appraisals, entity documents, corporate searches, credit bureau reports

Interacts, both verbal and written, with clients per Relationship Manager’s direction on collecting data, documents, and various general customer service requests

Reviews closed loan packages to ensure no changes to loan documents were made at closing without approval per loan policy

Requests Change Memos reflecting adjustments made to the loan request Post Approval

Verifies recordation and collateral perfection if applicable

Monitors and assist in clearing exception items

Monitors monthly reports for RM Team

Assists in processing and responding to daily overdrafts per RM instructions and bank policies as needed

Assembles and coordinates required financial information from Client to Credit Department for analysis as needed

Provides back-up support for other Loan Coordinators during vacations and other high-volume periods

Performs other duties as assigned

Qualification

Loan origination systemCommercial banking experienceMicrosoft Office proficiencyCommunication skillsMulti-tasking abilityOrganizational skillsProblem-solving skills