Department : Commercial Loans

FLSA Status : Non-Exempt

SUMMARY

This position is responsible for overseeing the preparation and execution of commercial loan packages and maintaining all necessary loan documentation;

will assist one or more commercial loan officers, handling loans that are confidential and complex in nature; all other duties and responsibilities as assigned.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review and prepare loan packages and documentation following underwriting guidelines and policies.
• Prepare various loan documents to protect the bank's security position. This documentation may include, but not be limited to, various types of Promissory Notes, Affidavits, Extensions and Amendments, Security Agreements, Addendums, and Mortgages.
• Screen incoming visitors and telephone calls, respond to and write routine correspondence, memos, and reports for loan officers;

file documents and correspondence; maintain commercial loan files.

• May be required to meet with customers and close small business loans.
• Periodically balance commercial loan general ledger accounts.
• Compile and prepare month-end and quarter-end reports that are reviewed at the monthly Board of Directors meetings.
• Process and review loans on Jack Henry Browser and Xperience for accuracy.
• Order third-party loan documentation such as title searches or commitments, credit bureau reports, flood determinations, collateral insurance with proper coverage as requested for loan officers, etc.
• Follow up on the collection of pending loan documentation and assist loan officers with the delivery and processing of documents.
• Prepare and send notices on denied credit applications.
• Prepare and process Advances, Transfers, and Pay downs on commercial, agricultural, and floor plan lines of credit.
• Provide customer service assistance with problem resolution, billing, account, or loan servicing inquiries.
• Help cross-train and assist colleagues in the Commercial Loan and Credit Departments.

SUPERVISORY RESPONSIBILITIES

None

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

In addition to the qualifications listed above, this position requires :

• Strong attention to detail and quality work performance
• Self-motivation and ability to work independently
• Ability to remain focused in meeting tight deadlines
• Ability to multi-task in a fast-paced environment
• Must be able to follow through on tasks that need resolution at a later date

EDUCATION and / or EXPERIENCE

High School diploma or general education degree (GED); or one to three months related experience and / or training; or equivalent combination of education and experience.

TECHNICAL SKILLS

• Windows Training
• Jack Henry
• Microsoft Excel
• Microsoft Word
• LaserPro Training

LANGUAGE SKILLS

Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence.

Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.

OTHER SKILLS AND ABILITIES

• This position requires the individual to work independently, with little supervision. The position will generally work for one or more senior bank officers and will be required to multi-task between several officers and work under tight deadlines.
• Must be able to apply job knowledge to discern when exceptions should be made and when supervisor's or officer's supervisor's approval is needed.
• This position requires an individual that possesses a high degree of professionalism and will deal with a wide variety of people both within and outside of the bank.

All of these encounters require a friendly and helpful attitude.

• Must have high attention to detail, focus on deadlines, and the willingness to share knowledge with others.
• Must be a team player and willing to positively contribute to a team environment.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.

REASONING ABILITY

Ability to interpret from simple to complex legal documents to determine borrower's compliance and eligibility for future draws and advances.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, handle or feel; reach with hands and arms;

talk and hear. The employee is frequently required to sit. The employee must occasionally lift and / or move up to 25 pounds.

Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Last updated : 2024-04-23