Senior Commercial Loan Specialist (FT)

Senior Commercial Loan Specialist (FT)

SPRINGFIELD, MA

$29.54 ‒ $44.31 Hourly

Job Title:

Senior Commercial Loan Specialist Department:

Loan Administration

Job Status:

Full Time FLSA Status:

Non-Exempt

Grade:

10

Amount of Travel:

Some Travel s

To:

VP, Loan Administration Manager Positions Supervised:

N/A POSITION SUMMARY Under the general supervision of the VP, Loan Administration Manager, the Senior Commercial Loan Specialist works closely with Lenders, Portfolio Managers & Loan Assistants to ensure Commercial Loan Documentation is prepared in accordance with the Bank's lending policies and approvals. Performs a pre-funding and post-closing review of all documents and assures that all closing conditions have been met. Reviews and monitors pre

• and post-closing quality control procedures.

ESSENTIAL FUNCTIONS

Performs pre

• and post-closing reviews on allmercial loan documentation.

Assures that the documents are in line with the approval and that all closing conditions have been satisfied prior to funding. Works closely with Attorney's, Commercial Lenders and Loan Assistants to ensure an efficient closing process. Reviews credit approvals formercial loans for accuracy. Performs a post-closing review for allmercial loan modifications; assures that document is prepared according to approval authority. Responsible for the on-going review of the document exception report. Follows up with appropriate staff to ensure all documents are received in a timely manner. Reviews all Flood policies for properties located in a flood zone prior to closing to assure policy is inpliance with Federal regulations and Bank policy. Reviews all Hazard Insurance binders/policies prior to closing to assure Bank is properly listed as mortgagee and that t is sufficient insurance. Reconciles Miniter Invoice for Force Placement Insurance and works with Commercial Loan Assistants and Lenders to ensure that active policies are received. Performs post-closing review and assures all collateral onmercial loans has been properly perfected. Works closely with the Senior Booking Specialist to ensure timely and accuratemercial loan booking to the Core System Performs the UCC continuation process and assures that all UCC's are renewed in a timely manner. Performs historical UCC filings in Wolters Kluwer for any UCC filed by an attorney Reconciles Wolters Kluwer invoice to ensure that continuation fees are being added to the appropriate loans. Provides final Quality Control on allmercial loans to ensure that originals have been filed properly and that all documentation has been uploaded into OnBase in accordance with bank policy. Review's CRA and HMDA data sheets for accuracy prior to submission. Completes Monthly Small Business Administration ing Represents the department in variousmittees such as Compliance, and any othermittees as designated by the VP/Loan Administration Manager. Responds to audit requests including but not limited to Internal, External and OCC. Mustplete BSA, AML, and other Regulatory and Continuing Education as assigned. Must ad to all bank and regulatory policies and procedures specific to position. Assumes additional responsibilities as requested.

POSITION QUALIFICATIONS

Competencies Communication Decision-Making/Judgment Job Kledge Productivity & Time Management Quality Results Focus Education/Experience/Skills & Abilities Bachelor's Degree or the equivalent work-related experience required. Three to five years of similar or related experience. Kledge of each operational aspect of the department. Excellentmunication skills. Working kledge of Microsoft Office (Word and Excel) required. Ability oranize, prioritize, delegate, meet deadlines and balance numerous tasks at the same time.

PHYSICAL DEMANDS

Physical Demands Lift/Carry Stand Occasionally 10 lbs or less Frequently Walk Occasionally 11

• 20 lbs Occasionally Sit Constantly 21
• 50 lbs Not Applicable Handling/Fingering Frequently 51
• 100 lbs Not Applicable Reach Outward Occasionally Over 100 lbs Not Applicable Reach Above Shoulder Occasionally Push/Pull Climb Occasionally 12 lbs or less Occasionally Crawl Not Applicable 13
• 25 lbs Occasionally Squat or Kneel Occasionally 26
• 40lbs Not Applicable Bend Occasionally 41
• 100 lbs Not Applicable N (Not Applicable) Activity is not applicable to this occupation. O (Occasionally) Occupation requires this activity up to 33% of the time (0-2.5+ hrs/day) F (Frequently) Occupation requires this activity from 33
• 66% of the time (2.

5-5.5+ hrs/day) C (Constantly) Occupation requires this activity more than 66% of the time (5.5+ hrs/day) Other Physical Requirements None Westfield Bank has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

JOB CODE

1000917