Senior Commercial Loan Assistant JOB SUMMARY:
The Senior Commercial Loan Assistant is responsible for the gathering of information and loan documentation for credit analysis, underwriting, and maintenance of commercial loan portfolio, client information and loan files. Provides administrative support for Commercial Loan team.
Senior Commercial Loan Assistant ESSENTIAL FUNCTIONS (RESPONSIBILITIES):
- Obtains required information and documentation necessary to properly analyze commercial credit requests.
- Ensures efficient, thorough, and accurate preparation of loan documentation.
- Assists Loan Officers with the data entry into various spreadsheets, analytical software and bank data systems.
- Prepares lien perfection documents, loan exhibits and other forms and ancillary loan documents and proofreads all loan documents for accuracy. This duty is performed daily, about 10% of the time.
- Coordinates loan closings with loan processing and clients and checks documents for proper signatures, authorities, dates, and verifies accuracy of closing statements. This duty is performed daily, about 10% of the time.
- Prepares and maintains credit files for assigned areas.
- Assisting in the preparation and proper documentation of draw requests.
- Answering phone and written inquiries concerning loan processing, servicing and information or file maintenance.
- Assisting in the timely obtaining of all tracked/required information required from clients and regularly reviews document exception reports to insure timely elimination of items.
- Exercises awareness with regard to possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the BSA department. Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules.
- Performs related responsibilities as required or assigned.