Central Loan Processor IV-Lending Associate

GENERAL PURPOSE SUMMARY Provides technical and administrative support to one or more loan officers in a division or large branch, liaisons with customers, and processes and closes complex commercial loans with limited supervision by performing the following essential duties and responsibilities.

ESSENTIAL DUTIES AND RESPONSIBILITIES Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Assists one or more loan officers composing and preparing correspondence and compiling complex loan documentation and transaction information, including multilevel borrowing entities such as corporations, LLCs, Partnerships, and Native organizations.
• Acts as liaison between loan officer and borrower to obtain financial, borrower, collateral information, and all other supporting documentation.
• Determines whether borrower documentation satisfies established bank procedures by reviewing title, appraisal, environmental, and engineer reports, as-built surveys, and flood certifications. Reports findings to loan officer and may assist with compilation of collateral evaluation and/or environmental report.
• Confirms documentation or relative priority of banks security interest.
• Processes Lines of Credit and Construction Loan disbursement requests.
• Obtains documentation required by investor or guarantee partners, including AIDEA, SBA, AHFC, and BIA, by interacting with investors, customers, and loan officers.
• Reviews loan files, identifies any exceptions to bank policy or procedure, and prepares Loan Information Sheet for review and approval by loan officer.
• Reviews loan documents prior to closing with borrower. Confirms loan documents conform to authorized terms of proposed transaction.
• Assists supervisor with review of commercial loan documentation preparation, assists with training loan processors and management associates.
• Performs other work-related duties as assigned by supervisor.

COMPLIANCE EXPECTATIONS

• Ensure business unit operations comply with bank policy, procedures, and banking regulations for business unit heads.
• Ensure you and your delegates have adequate and current compliance training and ensure training is completed on time.
• Stay updated on relevant laws and regulations.
• Ensure you and your delegates comply with the banks policies, procedures, laws, and regulations.
• Maintain customer confidence and protect the banks operations by you and your delegates by identifying and protecting confidential information.

SUPERVISORY RESPONSIBILITIES

• May supervise lending support staff.
• Carries out responsibilities in accordance with the organizations policies and procedures.
• Responsibilities may include interviewing, making hiring recommendations, training employees, planning, assigning, and directing work, appraising performance, addressing complaints, and problem resolution.