Commercial Banking Specialist

Business Banking SFL

This position is responsible for review and submission of loan offerings to underwriting and the effective servicing of a designated portfolio.  Customers are to be effectively serviced, inquiries responded timely and operational situations resolved promptly and efficiently. 
 

In this position, you will:

• Cursory review and submission of loan offerings; including consistently gathering pertinent loan documentation and financials utilized for underwriting of the transaction 
   
• Work with the loan officer(s) to draft loan structures for initial review, including pricing models
   
• Accurate preparation of Commitment Letters, Contract Letter Agreements, Term Sheets, Loan Narratives
   
• Review of Credit approval form including covenants, ensure conditions apply to loan purpose/structure
   
• Conduct required due diligence to ensure completeness of the loan offering in accordance with established guidelines
   
• Consistently meet loan offering submission deadlines and maintain continuous follow up practices for pending documents
   
• Pro-actively seek information from clients and prospects to understand possible changing situations, needs and desired loan structures, communicate information to the loan officer(s)
   
• Review documentation for renewals and restructures as approved by the loan officer(s) and/or management
   
• Act as liaison with various units to properly service the customer
   
• Regularly interact with management companies; provide feedback to the loan officer(s) regarding issues or concerns with loan requests
   
• Maintains profiles of priority customers and notify loan officer(s) of major developments; assists with managing customer relationships with new and routine transactional requests
   
• Provide support administering day to day credit and loan process, inclusive of department’s tickler review, credit extensions, and customer inquiries
   
• Prepare and review loan requests, contact customer and/or loan officer(s) for missing information. Clarify facts and approvals
   
• Maintain electronic files and prepare new customer loan files in accordance with established guidelines. Periodically review existing documentation for accuracy and consistency with the loan offering
   
• Prepare transmittal letters or ELODs for advances and pay down requests. Review loan’s status on each situation
   
• Coordinates with loan officer(s) to keep customer in compliance with financial reporting and covenant requirements
   
• Prepare and mail financial statement requests to customers and obtain all necessary financial documentation, financial statements and/or tax returns to maintain files current and update tickler
   
• Effectively manage incoming customer inquiries, related to loan status. Conduct loan investigations, researching customer disputes, incorrect billing, non-receipt of statements and late charges
   
• Monitor loan maturity dates and prepare loan extension requests
   
• Ensure respective databases are accurate and up to date with customer information
   
• Compile data and generate management reports as needed
   

To be considered, you will need:

• Minimum Required: High School diploma; College degree or related field combined with a minimum of one year of experience in commercial banking
   
• Desirable Education/Experience:  Property management company experience or commercial lending, a plus