Commercial Loan Coordinator
Fort Myers, FL 
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Posted 1 day ago
Job Description

The Loan Coordinator I is responsible for the data integrity of customer and loan information as it is populated within loan applications and product packages and is the primary associate that works alongside the Busey Relationship Manager (RM). The coordinator collaborates with sales leaders on the generation of new loan requests, renewals, modifications or other customer requests within the Bank's loan origination system and develops strong working relationships with the Bank's external customer base and third-party vendors.

Primary 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

Education, Experience & Skills Required

Knowledge of:

  • Strong oral and written communication skills
  • Strong organizational skills
  • Strong Computer skills, including proficiency with Microsoft Office products and other proprietary bank systems

Ability to:

  • Multi-task and work independently
  • Perform duties under frequent time pressures
  • Complete work with frequent interruptions
  • Handle difficult problems involving multiple facets and variables in non-standardized situations

Education and Training:

  • Requires High School diploma.
  • Requires 2 or more years of related banking experience, commercial banking experience preferred.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit to learn more about Busey's Equal Opportunity Employment.

 

Job Summary
Company
Busey
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
High School or Equivalent
Required Experience
2+ years
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