Commercial Document Prep & Booking Specialist at Logix Guru on behalf of our client
Hermitage, PA 16148
About the Job
Our major banking client is in need of a Commercial Document Prep & Booking Specialist to join their fast-paced team in Pittsburgh, PA or Hermitage, PA.
4 month CTH. Onsite, 8am to 5pm, OT required at end of month/quarter. |
Position Overview:
This position is primarily responsible for preparation of Closing and Modification Documents for Complex Commercial Transactions as well as the enforcement of Bank Commercial Lending Policy and Procedure. The incumbent consults with Relationship Managers and their Support staff regarding loan structure as well as policy and procedure.
Primary Responsibilities:
Prepares closing Documentation for Commercial Loan requests
Prepares modifications for all types of Loan Modifications including those loans that were initially documented by outside counsel.
Prepares closing documents for loan request that include non-standard covenants (language may or may not be provided) or alterations or omission of standard Bank Language. This may include preparation of Specialty Documents for Complex collateral such as intellectual property, liquor licenses, billboards etc.
Prepares Commitment Letters and Closing Documents for Tax Anticipation Loans, SWAPs, Letters of Credit and SBA Loans (both 7A and Express)
Consults with Relationship Managers and their support staff regarding loan structure and documentation requirements. Assists less experienced staff members with questions.
Performs other related duties and projects as assigned.
Minimum Education: High School or GED
Minimum Years Experience: 5
Additional responsibilities:
Provides team's Coordinator and Supervisor with feedback on process improvements, and efficiency gains.Analyze commercial loan documents of various complexity levels to identify terms and requirements for the new loans, renewals, payments, and rate changes; credits and debits to GL accounts, fees, DDA transactions, and other miscellaneous transactions.
Independently analyze commercial loan transactions for proper system processing, completeness of information, and verify loans are booked based on defined procedures.
Set up commercial loan accounts while meeting production standards with a very high degree of accuracy
Handle different loan types that requires utilizing multiple systems to view and research documents to maintain data integrity
Working knowledge of Fiserv, and ICC preferred
