Commercial Credit Admin - Commercial Loan Admin

Summary:

Working under the direction and guidelines established by the VP/Commercial Credit Administration, the Commercial Loan Administrator supports the processing, servicing, and documentation of commercial loans. Exercises discretion and makes independent decisions within their authority, addressing and elevating servicing issues. Functions as part of a team and individually in a fast-paced, high-volume work environment. Ensures a high level of professional service to internal partners as well as business members.

Essential Functions:

• Communicates effectively with borrowers and Commercial Relationship Managers to collect necessary information provide status updates while providing a high level of service.
• Verifies and reviews title reports to ensure appropriate title insurance coverage
• Communicates with title companies and coordinates loan closings
• Order and analyze title insurance commitment reports, including title exceptions and endorsements. Prepares closing statements and title/escrow instructions
• Responsible for the accurate and timely preparation and/or ordering of commercial loan documents
• Assists with the funding and boarding of loans
• Performs quality control review for accuracy for loan documentation and note boarding ensuring consistency within OnPoint guidelines
• Creating and maintaining loan files while ensuring compliance with established guidelines and policies

Knowledge, Skills & Abilities:

• Strong written and verbal communication skills
• Ability to be a self-starter and take ownership of various processes
• Self-motivated to learn and grow within the position
• Proficiency in Microsoft Office, specifically Word and Excel required
• Demonstrated ability as a team player

Experience Requirements:

• High school diploma required
• Bachelor’s Degree in Finance, Business, or related field preferred.
• 1-3 years’ experience in the Commercial Real Estate appraisal process
• 1-3 years’ experience in the Commercial Real Estate closing process
• Knowledge and experience complying with State and Federal regulations

Job Details

Job Family

Commercial Credit Admin

Job Function

Commercial Credit Admin

Pay Type

Hourly