Job Posting:

What The Role Is

The position is a key component to the Business Banking model and will provide subject matter expertise for business purpose loans while serving as liaison between Relationship Managers and all back-office functions. This position, in some instances, will also interact with external clients, legal contacts, client's financial representatives and appraisers. The Business Loan Coordinator is responsible for all commercial loan boarding into the Platform Origination System as well as various compliance-related facets of the commercial loan process including aspects of underwriting, insurance (Flood/Hazard), Regulation B, HMDA, CRA and loan documentation. The Business Loan Coordinator will coordinate processes and documentation pertinent to the relationship ensuring compliance with regulatory and bank policies.

How You will Make an Impact

• Communicate at an advanced level to develop strong relationships with Relationship Managers and front-office lending staff.
• Use advanced knowledge of the Platform Origination System to board all commercial loans onto the system.
• Become a subject matter expert on the various backoff processes such as underwriting, insurance, and pre-closing review.
• Coordinate many aspects of the commercial loan process from application to closing to ease training requirements for front-office lending staff.
• Understand and be able to ensure compliance with regulatory requirements such as HMDA, CRA, and Regulation B for every transaction.
• Correct mistakes on the front end to reduce the number of exceptions cited post-closing.
• Submit documentation for imaging and lien perfection.
• Experience in reviewing attorney prepared loan documents and/or prior legal experience related to loan documentation or closings.

Who You Are

• Stable job history
• Exceptional communication skills, both written and verbal
• Exceptional organizational and interpersonal skills
• Ability to read and comprehend documents
• Ability to calculate basic financial figures and amounts
• Advanced computer skills and knowledge of word processing, spreadsheet, internet, e-mail, database, presentation, and project software (Microsoft Office)
• Professional appearance and demeanor
• Ability to complete detailed work
• Ability to enter data correctly using keyboard, typewriter and calculator
• Ability to operate general office equipment
• Ability to define problems, collect data, establish facts, and draw valid conclusions

Education

• High school diploma or equivalent
• Bachelor's degree (B.A.); or 1 - 2 years related experience and/or training

Characteristics

• Regular and reliable attendance
• Works cooperatively with others
• Results oriented and detail driven