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Commercial Loan Clerk

EmployVision, Inc

Saint Petersburg, FL

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JOB DETAILS
JOB TYPE
Full-time, Employee
SKILLS
Administrative Skills, Analysis Skills, Commercial Loans, Documentation, Documentation Standards, Legal, Loan Closing, Loan Collateral, Loan Documents, Loan Operations, Loan Origination, Loans, Mortgage Lending, Operations Management, Past Due Accounts, Process Improvement, Property Tax, Reconciliation, Relationship Management, Sales Closing Skills, Sales Pipeline, Time Management, Underwriting
LOCATION
Saint Petersburg, FL
POSTED
1 day ago
  • Coordinate the preparation of new and renewed loan documentation following client standards on approved minutes
  • Stakeholder management and ensuring legal counsel, Relationship Manager and Operations are all completely aligned for timely, compliant loan closings
  • Order tax service and flood certificates on all real estate loans. Track property tax delinquencies
  • Transmits prepared loan document packages to the lenders and client Loan Operations
  • Translate all critical aspects of the loan documents into workflow tool to be interpreted and booked by Loan Operations
  • Coordinate with co-lenders or other participant banks, including all pre-closing Agent Bank responsibilities
  • Build a deal pipeline and tightly manage deal closing dates and all critical data points
  • Upon receipt of signed documents, send original recordable to title company for recording
  • Upload all documents using proper indexing rules to the Banks’ central document repository
  • Perform UCC search from Secretary of State to identify prior liens
  • File UCC on commercial loans with Secretary of State
  • Manages and verifies that all vendor bills are paid promptly
  • Manages and verifies the accuracy of all exception tracking systems and reports.
  • Balance good-faith deposit accounts, monitoring aging of cash breaks, reconcile suspense accounts
  • File original loan documents in appropriate files within secure vault
  • Review UCC 1 filing for termination or continuation
  • Works closely with loan collateral manager and lenders to ensure proper documentation is received and recorded.
  • Address inquiries on a timely basis from internal and external counsel.
  • Analyze loan documents for pre-payment penalties, unused fees, participant or co lender details and other covenants
  • Coordinate with Relationship Manager, underwriting and centralized credit unit to ensure the proper documentation levels are received and to alert them to any deficiencies or irregularities
  • Drive positive change in the overall Operations organization, collaborating across all possible departments to improve processes

About the Company

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EmployVision, Inc