Minnesota Bankers Association
Commerical Loan Specialist
Minnesota Bankers Association, Bloomington, Minnesota, United States,
1550 American Boulevard East Suite100, Bloomington, MN 55425
Job Description
Maintains general knowledge of Commercial and Commercial Real Estate loan productsPrepares accurate loan documents (new, renewals, and extensions) utilizing the Loan Processing software for Commercial, Commercial Real Estate and Construction LoansProcesses paid loans on a timely basis ensuring that collateral is released when appropriateOrders title insurance, property reports, flood determinations as requestedObtains documentation necessary to perfect a lien, clear a real estate title, file a lien or any other documentation requirements necessary to facilitate a loan closingBooks a closed loan in a timely manner which includes building collateral and financial statement ticklers, funds loan proceeds, imaging documents to electronic storageProcesses Lien searches (UCC & tax) as requestedProcesses correspondence, credit documentation, special reports and other materials as requested by LendersMaintains knowledge and understanding of the Bank's Loan Policy and Credit Administration Procedures and performs all responsibilities according to these guidelines.Responsible for following up on outstanding exceptions/ticklers. Updates ticklers timely when documents are received by the bank.Prioritizes work accordingly due to time constraints of closingsReconciles the related General Ledger accounts daily. Resolves any discrepancies.Processes construction draws and maintains draw file while commercial loans are in the draw phase.Reviews maturing loans report and works with lender to determine payoff/renewal status. Reviews loan file and requests deficient documents for loans that are expected to renew.Provides excellent customer service to internal and external clients. Assists external clients with servicing related questions such as advances, transfers, balances, etc.Helps prepare adverse action workflowAssists bank examiners, credit department, and other sources as needed regarding file information and/or loan account information.Reviews loan documentation for commercial loan closings to support Commercial Lending teamMaintains knowledge of and processes work that meets regulatory guidelines and bank policiesAssists in ongoing maintenance of loans which includes processing renewals and changes to loans, payments, and tracking required insurancePrioritizes tasks and uses good time-management, organizational, and problem-solving skillsMeets deadlines to keep the loan process on trackEducation & Experience
Proactive and highly motivated, detail oriented. High level of professionalism.Familiar with banking software and loan products.Excellent verbal and written communication skills.Knowledge of SBA products and servicingExperience with processing consumer loansHigh school diploma required, Bachelor’s degree in Business Administration or related field preferred.Three to five years of related experience required.About
EntreBank is a new and rapidly growing bank located in Bloomington. We are building a culture of purpose, cooperation and connections to make coming to work fun and meaningful! Our Credit department is growing, and we are looking for someone who is proactive, energetic, shows initiative, and wants to work and learn collaboratively. Previous experience in credit or loan processing is required. Successful candidates will possess a drive to learn and grow while always providing excellent customer service.Please send an email to Tami@Entrebank.com
MBA Job number/Date AddedH-7892: 9/16/24
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Job Description
Maintains general knowledge of Commercial and Commercial Real Estate loan productsPrepares accurate loan documents (new, renewals, and extensions) utilizing the Loan Processing software for Commercial, Commercial Real Estate and Construction LoansProcesses paid loans on a timely basis ensuring that collateral is released when appropriateOrders title insurance, property reports, flood determinations as requestedObtains documentation necessary to perfect a lien, clear a real estate title, file a lien or any other documentation requirements necessary to facilitate a loan closingBooks a closed loan in a timely manner which includes building collateral and financial statement ticklers, funds loan proceeds, imaging documents to electronic storageProcesses Lien searches (UCC & tax) as requestedProcesses correspondence, credit documentation, special reports and other materials as requested by LendersMaintains knowledge and understanding of the Bank's Loan Policy and Credit Administration Procedures and performs all responsibilities according to these guidelines.Responsible for following up on outstanding exceptions/ticklers. Updates ticklers timely when documents are received by the bank.Prioritizes work accordingly due to time constraints of closingsReconciles the related General Ledger accounts daily. Resolves any discrepancies.Processes construction draws and maintains draw file while commercial loans are in the draw phase.Reviews maturing loans report and works with lender to determine payoff/renewal status. Reviews loan file and requests deficient documents for loans that are expected to renew.Provides excellent customer service to internal and external clients. Assists external clients with servicing related questions such as advances, transfers, balances, etc.Helps prepare adverse action workflowAssists bank examiners, credit department, and other sources as needed regarding file information and/or loan account information.Reviews loan documentation for commercial loan closings to support Commercial Lending teamMaintains knowledge of and processes work that meets regulatory guidelines and bank policiesAssists in ongoing maintenance of loans which includes processing renewals and changes to loans, payments, and tracking required insurancePrioritizes tasks and uses good time-management, organizational, and problem-solving skillsMeets deadlines to keep the loan process on trackEducation & Experience
Proactive and highly motivated, detail oriented. High level of professionalism.Familiar with banking software and loan products.Excellent verbal and written communication skills.Knowledge of SBA products and servicingExperience with processing consumer loansHigh school diploma required, Bachelor’s degree in Business Administration or related field preferred.Three to five years of related experience required.About
EntreBank is a new and rapidly growing bank located in Bloomington. We are building a culture of purpose, cooperation and connections to make coming to work fun and meaningful! Our Credit department is growing, and we are looking for someone who is proactive, energetic, shows initiative, and wants to work and learn collaboratively. Previous experience in credit or loan processing is required. Successful candidates will possess a drive to learn and grow while always providing excellent customer service.Please send an email to Tami@Entrebank.com
MBA Job number/Date AddedH-7892: 9/16/24
#J-18808-Ljbffr