Commercial Loan Documentation Specialist

Commercial Loan Documentation Specialist

About the Organization We are people serving people. Established in 1849, Ives Bank is a full-service community bank rooted in history and positioned for the future. We provide a full array of deposit, savings, and lending services for individuals and businesses. Through modern banking technology, our customers can access to their accounts and manage their money anytime, on the go. We are committed to employing highly-motivated people who value customer care, professionalism, and team success.

EOE Statement Ives Bank is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

Commercial Loan Documentation Specialist

Full-Time

SUMMARY:

Responsible for review and preparation of commercial loan documentation. Key responsibilities include reviewing credit documents and loan parameters, verifying closing requirements, and preparing loan closing documentation for the Commercial Banking Department.

• Review Commercial Credit Approval Memorandum to determine appropriate loan documentation requirements.
• Draft and prepare all loan documentation and other relevant documents as required.
• Communicate with borrowers, legal counsel and bank employees to obtain and review due diligence items required to close commercial loans.
• Review attorney prepared loan documentation for accuracy, completeness and conformity to the bank's policies and procedures.
• Coordinate with Commercial Banking Department to schedule loan closings.
• Conduct quality control on completed closings.
• Review requests for appraisals to determine appropriate scope of work required for commercial loan appraisals.
• Obtain appraisal quotes and engage appraisals for commercial loans.
• Ensure that all appraisals are independent and engaged in accordance with bank policy and procedures.
• Initiate and follow all the requirements of the flood approval workflow.
• Provide technical advice and assistance to commercial loan officers and other staff members, as needed.
• Be aware of and complies with regulatory guidelines and policies and the bank's policies.
• Any other duties that may be assigned.

• Bachelor's degree or an equivalent work experience;
  Paralegal experience (preferred).
• Two years of relevant work experience in a legal, lending or banking environment or related field.
• Proficiency in Microsoft Office (Word and Excel).
• Excellent written and verbal communication skills.
• Critical thinking and evaluation skills.
• The ability to work well with others but can also work independently.
• Accustomed to a fast-paced working environment.
• Attention to detail; multi-tasking.
• Physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Hours Per Week:
None Specified

This position is currently accepting applications.