Vacancy expired!
- The Credit Support Specialist coordinates activities between the market, the Underwriter, and other areas of
- Wholesale Lending Serves (WLS). Activities include the handling of executed commercial loan
- documentation, loan booking and funding, and collateral release amongst other activities.
- Commercial Loan Documents
- Coordinate all commercial document preparation activities through HotDocs
- Work jointly with Underwriter, coordinate document preparation activities involving outside counsel
- Review draft and executed loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms
- Coordinate with WLS, outside counsel and the Real Estate Transaction Services team to obtain third-party vendor work such as flood zone certifications, title work, insurance certificates, and UCC searches
- Ensure completeness of loan package and forward to WLS partner
- Post-Closing activities
- Route loan documentation to WLS partners for booking and funding
- Coordinate the application of fees collected in conjunction with closing and identify missing fees for follow-up with the market
- Follow up directly with customers, Bankers, Underwriters and attorneys to clear documentation exceptions
- Coordinate with WLS partners to correct any errors made in on-boarding credit facilities to the loan systems.
- · Coordinate with WLS partners for the release, substitution or addition of collateral
- · College degree or equivalent experience
- · Minimum of 4 years’ experience in commercial loan operations or a credit/lending environment
- · Knowledge of commercial loan documentation. Ability to review commercial loan documents such
- as loan agreement, notes, guaranties, and security documents for accuracy and agreement with
- approved terms
- · Knowledge of commercial credit products
- · Knowledge of credit and commercial loan systems.
- · Good verbal, written and organizational skills
- Detail oriented with ability to multi task and prioritize and work in a team based environment
- The Credit Support Specialist works with the underwriting staff across Commercial Banking sub-lines of
- business and is responsible for monitoring customers’ compliance with credit agreements.
- The Credit Support Specialist coordinates activities between the market, the Underwriter, and other areas of
- Wholesale Lending Serves (WLS). Activities include the handling of executed commercial loan documentation, loan booking and funding, and collateral release amongst other activities.
- Commercial Loan Documents
- Coordinate all commercial document preparation activities through HotDocs
- Work jointly with Underwriter, coordinate document preparation activities involving outside counsel
- Review draft and executed loan documents such as loan agreement, notes, guaranties, and security documents for accuracy and agreement with approved terms
- Coordinate with WLS, outside counsel and the Real Estate Transaction Services team to obtain third-party vendor work such as flood zone certifications, title work,
- Ensure completeness of loan package and forward to WLS partner Post Closing Activities
- Route loan documentation to WLS partners for booking and funding
- Coordinate the application of fees collected in conjunction with closing and identify missing fees for follow-up with the market
- Follow up directly with customers, Bankers, Underwriters and attorneys to clear documentation exceptions
- Coordinate with WLS partners to correct any errors made in on-boarding credit facilities to the loan systems.
- Coordinate with WLS partners for the release, substitution or addition of collateral Experience:
- College degree or equivalent experience
- Minimum of 4 years’ experience in commercial loan operations or a credit/lending environment
- Knowledge of commercial loan documentation. Ability to review commercial loan documents such as loan agreement, notes, guaranties,
- Knowledge of commercial credit products
- Knowledge of credit and commercial loan systems.
- Good verbal, written and organizational skills
- Detail oriented with ability to multi task and prioritize and work in a team based environment
Vacancy expired!