Commercial Loan Documentation Specialist jobs in United States
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ChoiceOne Bank · 1 day ago

Commercial Loan Documentation Specialist

ChoiceOne Bank is seeking a Commercial Loan Documentation Specialist to perform a variety of clerical support services that facilitate and safeguard the lending function. The role involves preparing loan documents, meeting with customers, and ensuring compliance with banking regulations.

BankingCommunitiesFinancial Services

Responsibilities

Prepare commercial loan documents (including SBA, FmHA, participation, construction, letters of credit, etc.)
Order supporting documents – UCC searches, business registrations, certificates of good standing, credit reports, title work, resolutions, surveys, etc
Meet with customers to close various types of loans
Complete follow-up to loan terms and conditions post-closing – title policies, mortgage recordings, insurances, etc
Prepare loan extensions and amendments
Maintain credit and collateral files
Perform steps necessary to finalize closed/paid loans – discharges, releases, terminations, etc
Handle notices, correspondence, and reporting requirements appropriately and in a timely manner
Customer Service – transaction processing, loan inquiries, etc
Assist Loan Officers and others in the department as requested
Assist supervisor in managing loan pipeline and perform pre-closing documentation reviews to ensure accuracy of documents
Timely identification and of CRA and HMDA loans. CRA Loans entered on CRA Relief at least quarterly
Training of new employees on commercial loan documentation and procedures
Additional responsibilities as assigned
Be familiar with and comply with the provisions of the Bank Secrecy Act and USA PATRIOT Act as they relate to the functions of this position. Complete all required reports related to those acts and reports any observed violations or potential violations of those acts to a supervisor or other appropriate bank officer
Be familiar with and comply with all federal and state banking regulations as applicable

Qualification

Commercial Loan DocumentationBusiness entity documentsMicrosoft OfficeAnalytical SkillsDependabilityCommunication SkillsAdaptabilityInitiative

Required

High School Diploma or Equivalent
Minimum one (1) to two (2) years Commercial Loan Documentation experience
Knowledge of business entity documents including corporations, LLC's, partnerships, etc
Computer knowledge - Windows, Microsoft Office, Word, Excel, miscellaneous software applications (basic working knowledge)
Ability to work in an office environment which may include many hours of computer and telephone usage

Company

ChoiceOne Bank

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ChoiceOne Bank is a West Michigan-based community banking corporation.

Funding

Current Stage
Public Company
Total Funding
$34.5M
2024-07-25Post Ipo Equity· $34.5M
2020-02-07IPO

Leadership Team

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Heather Deardorff Brolick
SVP Chief Human Resource Officer
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Lee Braford
Chief Credit Officer and Senior Vice President
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Company data provided by crunchbase