Commercial Loan Documentation Specialist
I am working with a full-service bank based in Burridge, Illinois, seeking a Commercial Loan Documentation Specialist to join their team. Reporting directly to the SVP, the ideal candidate will prepare loan documents for any new, modified, or renewed commercial loans with minimal supervision to close transactions and complete files. This individual will be the bank's Primary Closer, making them an important part of the bank's operations.
Responsibilities
- Ensure loans close properly and are processed timely
- Approve and document all loans to protect the Bank from Legal Risks
- Ordering titles for real estate transactions
- File UCCs
- Closing Due Diligence Items
- Trust Agreements
- Title Commitments
- Surveys
- Insurance
- Prepare Loan Presentations
- Draft Commitment letters
- Ensure documents meet bank standards
Qualifications
- Bachelor's degree in finance or accounting preferred
- Paralegal Certificate preferred
- 1-2 years of Commercial Real Estate Closing experience, preferably at a financial institution
