Commercial Loan Assistant - Pinhook Lafayette
Summary/objectiveAssists loan officers with research of loans, organize new and renewal loan documents, prepares the loan file for loan closing and issues loan proceeds checks. Provides customer support after loan closing. Work with lender to stay up to date on various reports. Work to clear post-closing exceptions. Responsible for filing and confirming UCC and collateral documents. A Commercial Loan Assistant I has foundational knowledge of loans, loan documentation and loan closing processes. This position reports to the Commercial Lending Department.Essential FunctionsReasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.Demonstrate proficiency in analyzing and interpreting loan requests and documents of varying degrees of complexity. Consumer and commercial loan request include various collateral, new loans, renewals with increases and modification agreements.Conducts the day-to-day administration of all aspects of assigned consumer and commercial loans.Verifying insurance coverage and completing additional external documents (e.g., flood, Census Tract, Secretary of State, etc.).Order progress inspections and reviews inspections results that are used to calculate the amount to be funded to borrowers and/or builders. (Loan Officer)Prepare and send wires and various Bank tickets to accompany loan packages to attorneys. Funds and wires construction funds and loan proceeds.Identify insurance policies accurately (e.g., hazard, collision, builders risk, workers comp, general liability, flood).Ordering and/or completing flood, census tract, Secretary of State, etc.Exhibit a working knowledge of general lending policies and practices.Reviews executed loan documents received from closing attorneys.Partner with Bankers, and Centralized Para Lenders to ensure that the loan process is smooth and to resolve documentation and timing issues as necessary.Maintain customer service focus on internal and external customers to encourage positive business relationships.Stay abreast of regulatory and compliance issues that impact credit decisions and loan documentation including Fair Lending, HMDA and Credit Life.Manage post-closing exceptions to an acceptable level.Effective communication skills (oral, written, listening)Excellent computer skillsKnowledge of elements required to close a loanAbility to multi-taskAbility to work well under pressureAbility to work under general supervisionAbility to complete accurate, detailed work within specific timeframesKnowledge, Skills & AbilitiesMinimum 2 years prior experience as a loan assistantEffective communication skills (oral, written, listening)Excellent computer skillsKnowledge of elements required to close a loanAbility to multi-taskAbility to work well under pressureAbility to work under general supervisionAbility to complete accurate, detailed work within specific timeframesSupervisory ResponsibilitiesNoPhysical demandsOffice setting with moderately varied desk-oriented activity, with fatigue being relieved by opportunities to stand and move around in a comfortable environment. Ability to lift/move/carry approximately 20 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department an “undue hardship” then the employee must be accommodated; hence, omitting lifting as a physical requirement.Travel RequiredTravel may be necessaryRequired Education, Knowledge And ExperienceMinimum 5 years in financial industry settingProficient in handling computers and should be well versed in using MS Word and Excel along with good typing skills.Preferred Education, Knowledge And ExperienceMinimum three years of experience with loansFamiliar with a variety of loan productsPrior work experience in preparing the loan documentation GOOD CREDIT IS A MUST