Commercial Lending Assistant

Assist and support Commercial Lender in the loan documentation process, closing loans, perfecting liens, maintaining credit and collateral files and processing payments and advances. Complete loan documentation checklist, order lien searches, title commitments, O&E's and flood reviews. Respond to customer inquiries about existing commercial or consumer loans. Close new and renewed commercial loans and ensure accurate execution of all documents and receipt of all fees. Input new and renewed loans including collecting and tracking of loan fees to ensure proper income reporting. Process requests for loan advances using Bankers. Verify availability of funds, maturity date and borrowing base availability to ensure proper credit of requested funds. Prepare GL tickets manually on loan payments, advances, loan fees, recording and related fees and transfers and send to proof department. Daily post loan advances and payments. Process refunds of overpayments on loan payoffs to ensure accurate balancing of the payoff transaction. File liens on Bank's collateral with the proper agencies within 24 hours from loan closing to ensure Bank's collateral position. Maintain tickler system daily to ensure liens are filed, insurance remains in force. Create and maintain commercial loan credit and collateral files according to the Bank's Credit Policy after loan closing to ensure standardization of files. Prepare pay-off letters for the branch's commercial and consumer loans using Banker system. Process credit references and verifications of loan and deposit balances. Process all paid loans within 30 days of payoff and forward documents to appropriate recording office for prompt and proper release of all liens. Prepare and deliver copies of all closed loan packages to the Credit Policy Officer by the 25th each month. Create a report of loans maturing and past-due report using Bankers and distribute appropriately. Annually audit the collateral files and collateral vault (under dual control). Is familiar and complies with applicable company policies and all banking regulations including, but not limited to BSA, USA Patriot/CIP requirements, AML and other regulations.Commercial Lending Assistant I, N15 - Typically requires a High School degree or Equivalent and 1+ years of directly related experience. Full use and application of standard principles, theories, concepts, and techniques. Working knowledge of banking products, credit associated lending and customer service skills.Coml Lending Assistant II, N16 - Typically requires a High School degree or Equivalent and 2+ years of directly related experience. Broad application of principles, theories, and concepts in applicable discipline. Proficient knowledge of banking products, credit associated lending and customer service skills.
REQUIREMENTS
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