Senior Loan Documentation Specialist

Position Summary:

The Senior Loan Documentation Specialist consistently provides exceptional output when reviewing and generating in-house loan documents. Loan documents must be prepared in accordance with loan approvals, regulatory requirements, and Bank policies and procedures. The Senior Loan Documentation Specialist conducts commercial loan documentation reviews and prepares loan documents while ensuring all terms and conditions match what was approved. This candidate must be able to manage a steady workload and work independently. This person will occupy a leadership role and should offer their expertise. They will have extensive knowledge of processes and procedures and will successfully put that knowledge to practice in their daily work. To achieve success, an individual must be able to perform each essential duty listed below with a high degree of proficiency and understanding of loan documentation requirements.

Essential Duties & Responsibilities:

• Prepare in-house loan documentation for new loans, extensions, renewals and modifications
• Accurately analyze loan structure for loan requests as per Presentation for Approvals (PFA)
• Analyze pre-closing checklists and documentation provided by the Loan Administrator
• Review type of collateral being taken by the Bank for appropriate documentation and ensure Bank’s ability to perfect its required lien position
• Ensure all formation documentation such as Articles of Inc., Certificate of Formation (for LLC’s), Files LP-1 (for Limited Liability Partnerships), By-Laws, Operating Agreements, Partnership Agreements and Certificates of Trust, etc., is provided in the loan file, as applicable
• Input information to Compliance One Lending platform per Presentation for Approvals, New Loan Pre-Closing Checklist and Entity Formation Documents
• Prepare legal documentation for internally prepared loan documents as indicated to perfect security interests for all commercial loan closings to ensure compliance with State Laws and Bank Policy
• Review draft loan documents prepared by co-worker for accuracy and completeness
• Provide final approved loan documentation packages to the Loan Administrator and/or Relationship Manager for execution
• Research outstanding items listed on the Collateral Exception Report as time allows
• Any additional duties as assigned

Requirements:

• Communicate in a clear, comfortable, and confident manner.
• Work efficiently and effectively under deadlines and stress, while maintaining a professional demeanor.
• Strong time management and organizational skills.
• Problem-solving skills and having the ability to identify a problem and find a solution.
• Detail-oriented and able to focus closely on each activity and constantly find ways to finish tasks efficiently.
• Ability to analyze your workflow and identify areas to improve.
• Decision-making skills and ability to solve work-related problems quickly.
• A willingness to contribute to projects and take immediate action when an all-hands-on-deck situation arises.
• Carry out responsibilities with professionalism and respect for others in accordance with the Bank’s policies.
• Proficiency with Microsoft Word, Excel, and Outlook, and the ability to navigate the Bank’s computer-based systems.

Education and/or Experience

• This is an experienced position requiring specific knowledge of loan closing processes. This individual must be able to perform essential commercial loan documentation tasks satisfactorily including but are not limited to conducting documentation loan reviews and preparing loan documents while ensuring all terms and conditions match what was approved. Three to five years’ related experience is required.

First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ can apply to our company for employment opportunities.