Commercial Loan Assistant – Pinhook Lafayette Position Available In Lafayette, Louisiana
Tallo's Job Summary: The Commercial Loan Assistant position in Pinhook Lafayette involves assisting loan officers with loan research, organizing loan documents, preparing loan files for closing, and providing post-closing customer support. Responsibilities include staying updated on reports, clearing post-closing exceptions, and filing UCC and collateral documents. Candidates should have foundational knowledge of loans and loan closing processes. A minimum of 2 years of prior experience as a loan assistant is required.
Job Description
Commercial Loan Assistant – Pinhook Lafayette 3.8 3.8 out of 5 stars Lafayette, LA Summary/objective Assists loan officers with research of loans, organize new and renewal loan documents, prepares the loan file for loan closing and issues loan proceeds checks. Provides customer support after loan closing. Work with lender to stay up to date on various reports. Work to clear post-closing exceptions. Responsible for filing and confirming UCC and collateral documents. A Commercial Loan Assistant I has foundational knowledge of loans, loan documentation and loan closing processes. This position reports to the Commercial Lending Department. Essential functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions. Demonstrate proficiency in analyzing and interpreting loan requests and documents of varying degrees of complexity. Consumer and commercial loan request include various collateral, new loans, renewals with increases and modification agreements. Conducts the day-to-day administration of all aspects of assigned consumer and commercial loans. Verifying insurance coverage and completing additional external documents (e.g., flood, Census Tract, Secretary of State, etc.). Order progress inspections and reviews inspections results that are used to calculate the amount to be funded to borrowers and/or builders. (Loan Officer) Prepare and send wires and various Bank tickets to accompany loan packages to attorneys. Funds and wires construction funds and loan proceeds. Identify insurance policies accurately (e.g., hazard, collision, builders risk, workers comp, general liability, flood). Ordering and/or completing flood, census tract, Secretary of State, etc. Exhibit a working knowledge of general lending policies and practices. Reviews executed loan documents received from closing attorneys. Partner with Bankers, and Centralized Para Lenders to ensure that the loan process is smooth and to resolve documentation and timing issues as necessary. Maintain customer service focus on internal and external customers to encourage positive business relationships. Stay abreast of regulatory and compliance issues that impact credit decisions and loan documentation including Fair Lending, HMDA and Credit Life. Manage post-closing exceptions to an acceptable level. Effective communication skills (oral, written, listening) Excellent computer skills Knowledge of elements required to close a loan Ability to multi-task Ability to work well under pressure Ability to work under general supervision Ability to complete accurate, detailed work within specific timeframes Knowledge, Skills & abilities: Minimum 2 years prior experience as a loan assistant Effective communication skills (oral, written, listening) Excellent computer skills Knowledge of elements required to close a loan Ability to multi-task Ability to work well under pressure Ability to work under general supervision Ability to complete accurate, detailed work within specific timeframes Supervisory responsibilities No Physical demands Office setting with moderately varied desk-oriented activity, with fatigue being relieved by opportunities to stand and move around in a comfortable environment. Ability to lift/move/carry approximately 20 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department an “undue hardship” then the employee must be accommodated; hence, omitting lifting as a physical requirement. Travel required Travel may be necessary Required education, knowledge and experience Minimum 5 years in financial industry setting Proficient in handling computers and should be well versed in using MS Word and Excel along with good typing skills. Preferred education, knowledge and experience Minimum three years of experience with loans Familiar with a variety of loan products Prior work experience in preparing the loan documentation
GOOD CREDIT IS A MUST CREDIT REPORT IS REQUIRED FOR
EMPLOYMENT