80 applicants

Company

Fulton Bank · 1 day ago

Senior Commercial Documentation Fulfillment Specialist (REMOTE WITHIN FULTON BANK FOOTPRINT - DE, MD, NJ, PA, VA)

Remote, Remote, PA, US

Full-time

Remote

Senior Level

$25.72/hr - $42.84/hr

5+ years exp

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No H1B

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Responsibilities

Conducts thorough due diligence on the parties and collateral that are a part of each commercial loan and ensures that all required information is obtained and reviewed, all internal coordination is completed, and the approval assumptions and conditions are met.

Completes review of entity formation and organizational legal documents to validate and ensure appropriate parties are included in loan documents.

Coordinates with bank counsel to review outside counsel documentation ensuring compliance with approved underwriting guidelines, company policies, and regulatory standards for all states. Prepares loan documents using the bank’s loan documentation program.

Reviews loan approvals and internal systems for critical information to understand the transaction.

Reviews bank counsel documents to ensure documents accurately reflect the internal credit approval for the transaction. Ensures alignment with the bank’s loan origination system. Reviews to include loan parties, obligated parties, collateral, and all other general terms of the transaction.

Works directly with customers, relationship managers, credit, and other internal teams. Partners closely with outside counsel on all aspects of the loan transaction.

Communicates professionally to other third parties including attorneys, insurance, and title companies to ensure all documentation has been collected and reviewed.

Conducts due diligence on loan parties, collateral, and other pertinent approval requirements, including corporate and other entity documentation, searches, title, and insurance.

Prepares and monitors internal closing checklists as well as attorney checklists for assigned loans.

Reviews loan documentation prepared by counsel to ensure bank approval and guidelines are followed and addresses any discrepancies between attorney documentation and bank requirements.

Serves as a resource for counsel to ensure bank requirements are met. Meets service level agreements (SLAs) with all external and internal customers.

Proactively manages daily activity, independently prioritizes multiple simultaneous transactions (10 or more).

Organize items for settlement, prepare and approve settlement and disbursement instructions and provide funding instructions to centralized funding team.

Assists lending staff with the resolution of documentation issues and other procedural matters. Ensure service level agreements are met with external and internal customers.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Commercial loan documentationDue diligence reviewAttorney closing processesParalegal certificationCommercial lending functionsMicrosoft WordMicrosoft OutlookNCino programs

Required

Associate Degree or the equivalent experience.

5 or more years paralegal or equivalent related to legal review of commercial loan documentation.

3 or more years experience with commercial lending functions, which could include commercial and industrial loans, agricultural loans, small business administration loans, or commercial real estate loans.

Understanding of when and how changes to a deal need credit approval along with a clear knowledge about attorney closing processes.

Able to multi-task, problem solve and efficiently manage time.

Motivated team player with excellent verbal and written communication skills.

Reputation for responsiveness and customer focused mindset.