Commercial Loan Operations, Specialist I, South Bend, IN
1st Source Bank
South Bend, IN (In Person)
Full-Time
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Job Description
Reviews and determines the appropriate documentation and perfection requirements according to the credit approval within service standard agreements. Examines loan documentation or accuracy, completeness and properly executed signatures. Ensures appropriate due diligence requirements are completed. Works closely with relationship managers and documentation staff in processing loan and lease transactions. Boards loan to loan system and performs a 2 day verification of financial data. Follows up directly with internal and external customers for pending items. Performs monthly review of various reports to ensure accuracy including financial and regulatory data and perfection of bank's lien. Performs necessary follow up and updates to ensure compliance. Manages various reports clearing exceptions and performs collateral audits working with relationship managers and customers to gather required documentation or information to clear the exceptions. Regular and predictable attendance is an essential requirement of the position. Responsible for the completion of all compliance training related to the position. Must understand all applicable laws and regulations that apply to the position and complies with the requirements. Performs all other duties as assigned. One (1) to three (3) years of related experience preferred. Prior commercial loan documentation and perfection of lien experience for titled, non-titled and real estate collateral preferred. Good PC skills--proficiency in Microsoft Word and Excel essential. Good communication and organizational skills. Ability to handle multiple tasks in a fast-paced environment. Detail oriented. Bachelors Degree preferred. While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.